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28 Jan 2020

US: December’s New Home Sales came in below expectations - Deutsche Bank

The Deutsche Bank Macro Strategists express their take on the US economic data released on Monday.

Key Quotes:

“December’s new home sales also came in below expectations at a seasonally-adjusted annual rate of 694k in December (vs. 730k expected), with the previous month’s figure revised down by -22k.

However, the Dallas Fed manufacturing activity did rise to -0.2 in January (vs. -2.0 expected), with the new orders indicator rising to 17.6, the highest since October 2018.”

Jan 28, 2020

US Agriculture Sec. Perdue: Europe may secure quick trade deal with US - Politico

US Agriculture Sec. Perdue: Europe may secure quick trade deal with US - Politico More to come ...
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Jan 28, 2020

USD/JPY climbs further beyond 109.00 mark, fresh session tops

The USD/JPY pair regained some positive traction on Tuesday, with bulls now looking to extend the momentum further beyond the 109.00 round-figure mark
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