| Indicator | Value |
|---|---|
| Forecast | 0.0% |
| Previous | 1.8% |
The Pending Home Sales m/m report measures changes in the number of home sale agreements that have not yet been finalized. It is an indicator of activity in the real estate market, which can affect the overall health of the economy. An increase in home sales may suggest rising consumer confidence and an improvement in the labor market.
Watchlist: DXY reaction, UST yields, credit spreads
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Further Reading
- Foreign Exchange Market — Bank for International Settlements
