US December pending home sales +2.5% vs -0.9% expected
Prior was -4.0% (revised to -2.6%) Index 76.9 vs 73.9 prior This is the first improvement since May Full report This is December data but there’s increasing talk of better home-buying traffic in January as consumers see rates in the low 6s. “This recent low point in home sales activity is likely over,” said NAR […]
XAU/USD bulls move in ahead of key events and pending Federal Reserve
Gold price runs higher within the consolidation and towards recent bull cycle highs. Gold price will now depend on key United States economic events ahead. The Federal Reserve is looming and all will be revealed at the start of February. Gold price has been a touch higher at the start of the week, digging into […]