US Pending Home Sales YoY (Dec) Y/Y -3.0% (Prev. 2.6%)
The US Pending Home Sales index shows a year-on-year decline of 3.0% in December, contrasting sharply with a previous increase of 2.6%.
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 YoY (Dec) Y/Y -3.0% (Prev. 2.6%)
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 significant shift indicates a potential cooling in the housing market, which could influence monetary policy considerations as it feeds into the broader growth-inflation narrative.
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