U.S. house price index likely to have risen sequentially in December
The U.S. home prices data for the month of December is set to release tomorrow. According to a Barclays research report, the S&P case House Price Index is likely to have risen 0.3 percent sequentially in December, leadin…
The U.S. home prices data for the month of December is set to release tomorrow. According to a Barclays research report, the S&P case House Price Index is likely to have risen 0.3 percent sequentially in December, leading the year-on-year rate to drop to 4.3 percent.
The rate of home price appreciation decelerated throughout 2018, slowing from 6.3 percent in January to 4.7 percent in November. At the current level, the annual home price appreciation is still viewed as healthy, but modest.
“Recent softness in housing data including starts, sales and prices suggests the housing sector may be pulling back following the deterioration in home affordability and the rise in mortgage rates”, added Barclays.
At 1900 GMT the FxWirePro's Hourly Strength Index of US Dollar was bearish at -78.9884 more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
