Posts Tagged ‘ market estimates ’
A mixed night of trade in FX with the Greek issue continuing to dominate the flows in EUR/USD, but risk appetite increasing considerably in Asia Pacific as Australian and Chinese data show a return to torrid growth in the region. Australian employment data blew out market estimates printing at 52.7K vs. 15.1K expected as the [ READ MORE ]
Existing Home Sales far exceeded expectations thanks to recent stabilization in the employment market with the added benefit of mortgage rates holding under the 5% mark. Home sales were boosted 9.4% in the month of September, far outweighing market estimates of an only 5.5% increase. The annual rate of home sales have increased to 5.57 [ READ MORE ]
Disappointing economic data was largely ignored today, as the Dow rallied more than 80 points to make up for some of yesterday’s losses. Markets were able to advance mainly on several high profile earnings announcements from Target and Home Depot which topped market estimates. In addition better data from Europe managed to keep risk aversion [ READ MORE ]
Powered by MailChimp
