According to Rabobank analysts, the US existing home sales will be scrutinised for any warning signals that perhaps buyers have turned more cautious. Key Quotes “With the Fed cutting rates, lower mortgage rates should support demand. That said, demand could be restrained by rising economic uncertainty caused by the ongoing trade war.” “Also, if a house buyer has a particularly strong conviction that the Fed is likely to lower interest rates further, he/she may postpone the house purchase to benefit from even lower mortgage rates. The consensus expectation is for a modest 0.7% m/m fall to 5.45mn in September following two months of strong prints.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD rebounds toward 1.3100 ahead of BoC’s Business Outlook Survey FX Street 3 years According to Rabobank analysts, the US existing home sales will be scrutinised for any warning signals that perhaps buyers have turned more cautious. Key Quotes "With the Fed cutting rates, lower mortgage rates should support demand. That said, demand could be restrained by rising economic uncertainty caused by the ongoing trade war." "Also, if a house buyer has a particularly strong conviction that the Fed is likely to lower interest rates further, he/she may postpone the house purchase to benefit from even lower mortgage rates. The consensus expectation is for a modest 0.7% m/m fall to 5.45mn in September following… 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.
