U.S. home sales fall as prices hit record high (news: 23/07/18)

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Alpari Market Review
Alpari Market Review
Today’s press

U.S. home sales fall as prices hit record high

WASHINGTON (Reuters) – U.S. home sales unexpectedly fell in June, posting their third straight monthly decline as a persistent shortage of properties on the market drove house prices to a record high, likely sidelining some potential buyers.

Euro zone consumer confidence unchanged in July

BRUSSELS (Reuters) – Euro zone consumer confidence was unchanged in July from June, indicating economic growth may be stabilising going into the third quarter, figures released on Monday showed.

Japanese yen rises on report BOJ eyes policy change

NEW YORK (Reuters) – The yen strengthened broadly on Monday following a Reuters report that the Bank of Japan was debating moves to scale back its massive monetary stimulus, spurring bids for the Japanese currency.

Monetary Policy Committee: Economists predicts rates retention due to global, local uncertainties

Economists have expressed optimism that the Monetary Policy Committee of the Central Bank of Nigeria would retain the benchmark lending rate due to uncertainties in the global and domestic environment.

Bitcoin Price Hits Two-Month High as Dominance Rate Spikes

Bitcoin‘s (BTC) price clocked a two-month high of $7,820 today and looks set to extend gains further, a key cryptomarket gauge indicates.

Next trading day’s important events

10:30 (GMT+3)  DE – Markit Services PMI (Jul)Preliminar

Forex quotes:

USDJPY: 111.34

EURUSD: 1.1706

Indices:

S&P 500: 2798.29

NASDAQ: 7807.21

 

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