What is it? It checks the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction.

It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

Usual Effect: If the number is higher than the forecast, you can expect the USD to rise.

When? October 27th at 10:00am Eastern Time.

 

Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

CBI Realized Sales (GBP)

How I Made Over $30,000 a Year by Investing in Binary Options

Amazon is Doing Badly this Year and it's Showing

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the level of a diffusion index based on surveyed retailers and wholesalers.

It's a leading indicator of consumer spending because retailer and wholesaler sales are directly influenced by consumer buying levels.

Usual Effect: If the number is higher than the forecast, you can expect the GBP to rise.

When? October 27th at 7:00am Eastern Time.

 

Trading Tip: This announcement can greatly affect the GBP, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

How I Made Over $30,000 a Year by Investing in Binary Options

Amazon is Doing Badly this Year and it's Showing

Asian Markets are Mixed

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers.

It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

Usual Effect: If the number is higher than the forecast, you can expect the EUR to rise.

When? October 27th at 5:00am Eastern Time.

 

Trading Tip: This announcement can greatly affect the EUR, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Amazon is Doing Badly this Year and it's Showing

Asian Markets are Mixed

4 Tips for Today Trading - 24/10

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

 

US stocks climbed following strong earnings and positive data. Caterpillar and 3M reported stronger than expected results causing a rally throughout the day. Initial Jobless Claims were slightly worse than expected, however, they remained below 300,000 for a sixth week.

Asian markets were mixed today. The Nikkei gained 1.01% as the Yen weakened against the US Dollar and this boosted exporters.

European markets are lower today as markets are skittish following news of an Ebola case in New York. Markets shrugged off positive data from Germany where the Gfk Consumer Climate beating expectations.

Oil climbed after strong data was released from the EU. The German Manufacturing PMI, overall Manufacturing PMI and Services PMI all beat expectations and pushed up demand for the commodity.  News that Saudi Arabia reduced oil supplies also added support. However, prices are once again falling as fears of slower global growth still hover on the market.

Gold is trading choppy after dropping yesterday following the positive data from the EU. Positive sentiment on the stock market has also cut demand for the metal. Traders should watch the US New Home Sales data at 2pm GMT as it may cause short term movement for the commodity.

 

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Asian Markets are Mixed

4 Tips for Today Trading - 24/10

New Home Sales (USD)

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:


 1) Amazon Disappoints

Investors are getting fed up with the constant stream of losses at Amazon (AMZN, Tech30). Shares in the online retailer fell by about 10% premarket after the company reported a loss of $437 million in the last quarter, even though revenue was up 20%.

 

2) Market Moves

US stock futures were edging lower ahead of the start of trading after stock markets rallied the previous session.

European markets were all dipping lower in early trading. Asian markets ended mixed. The standout performer was the Nikkei in Japan, which rose by 1% after a volatile week.


3) Earnings

The flow of quarterly results continues into Friday. Ford (F), Bristol-Myers (BMY), Shire (SHPG), Colgate-Palmolive (CL) and Procter & Gamble (PG) are all set to report ahead of the open.

Meanwhile, investors are pushing Microsoft (MSFT, Tech30) shares up by 3% premarket in reaction to the company's latest earnings.


4) Economics

The US Census Bureau will release monthly data on new home sales for September.

In the UK, preliminary data show the British economy slowed a bit in the third quarter compared to the second. GDP grew by 0.7%, which was roughly in line with expectations, and by 3% over the same period last year.

 

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

New Home Sales (USD)

Ebola Causes Dollar to Fall

Best Boobs Pranks

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

 

 

What is it? It checks the annualized number of new single-family homes that were sold during the previous month.

It's a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

Usual Effect: If the number is higher than the forecast, you can expect the USD to rise.

When? October 24th at 10:00am Eastern Time.

 

Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Ebola Causes Dollar to Fall

Best Boobs Pranks

Prelim GDP (GBP)

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the change in the inflation-adjusted value of all goods and services produced by the economy.

It's the broadest measure of economic activity and the primary gauge of the economy's health.

Usual Effect: If the number is higher than the forecast, you can expect the GBP to rise.

When? October 24th at 4:30am Eastern Time.

 

Trading Tip: This announcement can greatly affect the GBP, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Amazon Lost Around $3billion Recently

Trade Balance (NZD)

Unemployment Claims (USD)

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

Please publish modules in offcanvas position.