May pending home sales
– Prior was +5.1% m/m (revised to +3.9%)
– Sales +2.4% y/y vs +4.6% y/y exp
– Prior y/y reading +2.9% (revised to +1.8%)
Soft reading and lower revisions but there aren’t any real concerns about US housing at the moment.
Forex – financial instrument.Forex news
May pending home sales
– Prior was +5.1% m/m (revised to +3.9%)
– Sales +2.4% y/y vs +4.6% y/y exp
– Prior y/y reading +2.9% (revised to +1.8%)
Soft reading and lower revisions but there aren’t any real concerns about US housing at the moment.