Analysts at Nomura noted the next key data release for the US as we build up towards Friday’s GDP report. Key Quotes: “New home sales: New home sales likely declined 3.0% m-o-m to 668k saar in June (Consensus: -3.1% to 668k).” “While month-to-month changes tend to be volatile, we continue to expect gradual improvement in new home sales. For June, consumer demand likely remained steady but supply-related factors may have continued to weigh on sales.” “In particular, much of the newly-built housing stock has been concentrated on more expensive units, exacerbating the supply shortage in the lower-end segment of the market.” 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 AUD/USD Technical Analysis: Trading near weekly highs ahead of Australian inflation data FX Street 5 years Analysts at Nomura noted the next key data release for the US as we build up towards Friday's GDP report. Key Quotes: "New home sales: New home sales likely declined 3.0% m-o-m to 668k saar in June (Consensus: -3.1% to 668k)." "While month-to-month changes tend to be volatile, we continue to expect gradual improvement in new home sales. For June, consumer demand likely remained steady but supply-related factors may have continued to weigh on sales." "In particular, much of the newly-built housing stock has been concentrated on more expensive units, exacerbating the supply shortage in the lower-end segment of… 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.
