Posts Tagged ‘home’
US Housing Weakness Accelerates
U.S. Dollar Trading (USD) had a volatile trading day with USD strength on the back of risk aversion in Europe reversed as US housing data weakened further. July Existing Home Sales fell 27% as the effect of the removal of the housing credit continues to be felt. In US stocks,
Forex Exchange Morning Report
US economic data (personal spending, factory orders, home sales) and earnings (Dow Chemical, Procter and Gamble) results presented mild disappointments to investors. The S&P500 is currently down 0.4%, a relatively modest reaction consolidating the past two days of gains. Commodities overall are unchanged, oil (+1.5%) making a fresh 2 1/2
GBP/USD Breaks Resistance
The dollar traded mostly higher on Tuesday. US May 20-city home prices posted the largest year-over-year gain since August 2006, but July consumer confidence fell to a 5-month low. The S&P 500 declined 1.17 to 1,113.84. The euro rose to a 2-month high versus the yen after data showed German
Forex Exchange Morning Report
A negative turn in sentiment was confi rmed during the US session, the S&P500 currently down 1.6%, led by the energy sector and homebuilders. US existing home sales fell against expectations, providing a convenient catalyst for those in need. More likely, technical factors may have been at play, the previous
Fewer cluster homes for S’pore market
HOME buyers and investors keen on getting a cluster house may soon find themselves with an increasingly limited pool of new choices to select from.
This is because the number of new cluster-housing launches looks set to fall after this year, following a recent change in Government regulations, say property experts.
In the new ruling, which came into effect last February, the Government stipulate... more
Stocks Rebound ‘Risk On’
U.S. Dollar Trading (USD) was on the back foot after the US stock market staged an impressive rally after Asian and European stocks were quite weak. The exception was the Yen however as Japanese PM Hatoyama resigned and the search for a new leader began. April Pending Home Sales at



