US New Home Sales MoM (Dec) M/M -1.7%
December's new home sales saw a month-on-month decline of 1.7%.
US military planning on Iran is reportedly highly advanced with options ranging from targeting individuals to pursuing regime change, according to reports
US Supreme Court strikes down the Trump administration's IEEPA tariffs (as expected); Voted 6-3 against tariffs; Supreme Court has not addressed eligibility for tariff refunds
US New Home Sales MoM (Dec) M/M -1.7%
US EQUITY OPEN: Indices mixed as NDX outperforms amid a deluge of data
[ANALYSIS] SCOTUS opinions due at 15:00GMT/10:00EST; once again, we do not know in advance whether tariffs will be covered or not
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This slight drop could indicate softer demand in the housing market, which might raise concerns about consumer sentiment and could influence future policy discussions on interest rates. It also suggests a potential cooling in the housing sector, aligning with broader economic trends seen in recent data releases.
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