US: Existing Home Sales increase more than expected in May

FXstreet.com (Barcelona) - US Existing Home Sales rose to the level of 5.18M in May, from 4.97M registered in April, the National Association of Realtors reported on Thursday. Consensus pointed to an increase to 5M.

This is a change of 4.23% from April, versus projections of 0.6%. The month before it amounted to 0.6%.

Jun 20, 2013

USD/JPY pierces 98.00 post US data

USD/JPY initialyl spiked higher through the figure calling at 98.22, a high for the session, but then reversed back to settle and oscillate on the figure. A series of numbers came out overall better than expectations. CB Leading Indicator came in slightly worse at 0.1 % vrs expectation 0.2%, Existing Home Sales Change came in much better at 4.2 % vrs expectation 0.6%Philly Fed Manufacturing came in much higher 12.5% vrs expectation -0.2

US: Philadelphia Fed Manufacturing Survey jumps to 12.5 in June

The US Philadelphia Fed Manufacturing Survey surprised to the upside in June increasing to 12.5 from -5.2 in May, according to data released by the Federal Reserve Bank of Philadelphia. Analysts expected the indicator to remain in contraction at -0.2.