US Pending Home Sales YoY (Jan) Y/Y -0.4% (Prev. -3.0%)
The US Pending Home Sales YoY figure shows a decline of 0.4%, which is an improvement from the previous drop of 3.0%.
US EQUITY OPEN: Indices in the red as geopolitics remain in focus, as WMT earnings lift Staples
US President Trump says good talks are being held with Iran. Need to make a meaningful deal with Iran, otherwise something bad will happen.
US Pending Home Sales YoY (Jan) Y/Y -0.4% (Prev. -3.0%)
NY Governor Hochul has pulled a proposal that would have allowed for commercial robotaxi services outside NY City, Bloomberg reports
US President Trump tells world leaders that they cannot play 'cute' with him
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This modest recovery suggests a potential stabilization in the housing market, though it still indicates weak demand. Market participants will likely watch how this trend influences future monetary policy and housing-related sectors.
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