Pending Home Sales

Home buyers venture back into the market despite broader economic pessimism

amefika2 weeks ago03 mins

Worried about an AI bubble? Sign up to The Daily Upside to receive smart, actionable market news designed for investors. Going into the year, the National Association of Realtors looked into its crystal ball and projected that U.S. home sales would rise 14% in 2026. JPMorgan said home prices would stabilize, a boon for potential…

Dollar rises after strong US economic reports

amefika2 months ago05 mins

The dollar index (DXY00) has risen +0.09% today. The dollar is rising today thanks to better-than-expected US retail sales and pending March home sales reports. The dollar is also supported by signs that Federal Reserve Chairman nominee Kevin Warsh will support an independent Federal Reserve and prioritize low inflation. Politico reported that Fed Chairman nominee…