|

Informação

    Casa   >     Original    >     Texto Principal

    WikiFX: How Will U.S. Home Sales Affect Forex Market?

    Resumo:U.S. home sales data had just been released. The existing home sales shows a positive trend, reaching 5.42 million which is slightly higher than the estimated 5.39 million; on the other hand, new home sales turns out to be 635 thousand, which is lower than the forecast of 649 thousand.
    看汇市-英.jpg

      U.S. home sales data had just been released. The existing home sales shows a positive trend, reaching 5.42 million which is slightly higher than the estimated 5.39 million; on the other hand, new home sales turns out to be 635 thousand, which is lower than the forecast of 649 thousand.

    1-1.PNG
    1-2.PNG

      Existing home sales measures the annualized number of existing residential buildings that were sold during the previous month, while new home sales measures the annualized number of new single-family homes that were sold during the previous month. The figures help measure the strength of the US housing market while serving as key indicators of the countrys overall economy. There are also implications on the market trend of US dollars: an actual data higher than estimation points to uprising trend of US dollar, while a figure lower than estimation suggests the opposite.

      More specifically, the housing sales are closely linked with mortgage rates. With the current mortgage rate down in the US, housing is becoming more affordable and attracts more buyers into the market, indicating a rising trend in sales that will be very likely to exceed market predictions. New home sales show that low mortgage rate has nudged more buyers into the market than expected. As Lawrence Yun, Chief Economist of NAR(National Association of REALTORS), noted, “The mortgage rate matters significantly for the consumers as well as the countrys economic outlook. Buying a house is an important long-term decision, and the current mortgage rate or even lower rate in the future may not boost sales significantly, unless buyers eventually regain their confidence.” The latest existing home sales and new home sales shows the falling mortgage rate has led to steady purchase of homes and contributes to the upward momentum in U.S. housing market.

    2.png

      Early this month, the Federal Reserve cut interest rate by 25 basis points due to concerns of a global economic slowdown and risk-control assessments, triggering significant volatility in the global financial market. Federal Reserve Chair Jerome H. Powell mentioned during his speech last Friday that although the US economy has done well overall, it still faces many challenges, and the Reserve will “take actions as appropriate” to keep the current economic growth on track. The market is holding out for US dollar after Powells talk, and the price of interest rate futures has gone up again, though with reduced pace.

      All these changes will affect the forex market. The outlook for US dollar -centered trading remains positive. As the trade war between China and the US continues, the forex market will also be influenced by the statistics of the worlds 2 largest economies, while safe-haven currencies like Swiss Franc and Japanese Yen will also respond to market fluctuations.

      The economic statistics reveal much about the country‘s overall economy, which has a great impact on the forex market. US economic statistics usually draw the most attention of all. Considering the impact of such economic data on the forex market, WikiFX offers investors explanation and analysis of the major economic statistics before or after they’re released, in order to help investors make a better decision in an ever-changing forex market. Stay tuned as we present you more forex and financial updates.

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Taxa atual  :
    --
    Montante
    United Arab Emirates Dirham
    Montante
    -- United States Dollar
    Aviso

    Os dados usados pelo WikiFX são todos dados oficiais publicados por institutos de regulamentação como o FCA, ASIC. Todos os conteúdos publicados são baseados nos princípios de justiça, objetividade e verdade dos fatos. Não aceita nenhuma comissão de comerciantes, incluindo taxas de RP, taxa de publicidade, taxa de classificação, taxa de exclusão de dados. O WikiFX faz todo que é possível para manter a igualação dos dados com os publicados pelos institutos de regulamentação, mas não se compromete a manter em tempo real.

    Considerando que a complexidade da indústria de Forex, alguns comerciantes são emitidos licenças legais pelos institutos de regulamentação por meio de trapaça. Se os dados publicados pela WikiFX não estiverem de acordo com o facto, use a função Reclamações e Correção para nos informar. Vamos verificar imediatamente e Anunciar os resultados.

    Os contratos de câmbio, metais preciosos e over-the-counter (OTC) são produtos alavancados, que têm altos riscos e podem causar a perda do seu investimento principal. Por favor, invista racionalmente.

    Aviso especial: As informações fornecidas pelo WikiFX são apenas para referência e não indicam nenhum conselho de Investimento. A plataforma de Forex é escolhida pelo cliente.O risco trazido pela operação da plataforma não tem nada a ver com a WikiFX.O cliente tem que arcar com as consequências e responsabilidades relevantes.

    ×

    Selecione o país / distrito