Sales of new homes were expected to slide from 619K reported for April to 560K now. The miss on May’s number, 551K, is not terrible and the fall in percentage points is 6% against 8.7% expected. However, this means that the figure suffered a hefty downwards revision: that 619K that seemed off the charts was indeed so. In today’s report, the figure was corrected to only 586K. While markets are obsessed with the UK EU Referendum, the world keeps on spinning and data is released. A reaction cannot be seen now, but it can certainly be seen later on. Earlier, data looked better. Jobless claims surprised by sliding to 259K, better than 270K expected and providing some good labor news after the weak NFP report. In addition, Markit’s Flash Manufacturing PMI beat expectations by scoring 51.4 points instead of 50.7 expected. In the Bremain / Brexit front, we are awaiting the close of voting, but polls released during election day show a last minute surge for remain, and this certainly helps risk. More: EU Referendum Preview: Positioning, Scenarios and Key Results Releases Is your broker Brexit ready? Brexit or Bremain – all the updates Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Brexit and the Yellow Metal Guest 6 years Sales of new homes were expected to slide from 619K reported for April to 560K now. The miss on May's number, 551K, is not terrible and the fall in percentage points is 6% against 8.7% expected. However, this means that the figure suffered a hefty downwards revision: that 619K that seemed off the charts was indeed so. In today's report, the figure was corrected to only 586K. While markets are obsessed with the UK EU Referendum, the world keeps on spinning and data is released. A reaction cannot be seen now, but it can certainly be seen later on. Earlier,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
