US Pending Home Sales MoM (Dec) M/M -9.3% vs. Exp. -0.3% (Prev. 3.3%)
The sharp decline of 9.3% in US pending home sales for December, compared to expectations of only a 0.3% drop, indicates a significant downturn in the housing market.
US President Trump says negotiations on a deal with Ukraine are now close; believes that Ukraine-Russia can come together on a deal
US EQUITY OPEN: Stocks gain at the open as Trump downplays military force to acquire Greenland
US Pending Home Sales MoM (Dec) M/M -9.3% vs. Exp. -0.3% (Prev. 3.3%)
Tesla (TSLA) says no plans to reduce volumes or staff at Berlin plant
US President Trump says tremendous things are happening because of AI. The US is leading on this.
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This miss could suggest weakening demand and may imply that economic conditions are affecting consumer confidence, which could lead to shifts in monetary policy moving forward.
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