United States Pending Home Sales (MoM) came in at -0.8% below forecasts (1.3%) in January
TMGM Analysis: Financial Market News, Economic Calendar & Market Insights
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1United States Dollar Index strengthens above 99.50 as Fed rate hike bets rise2New Zealand Dollar remains subdued following release of China’s economic data3Australian Dollar remains depressed below mid-0.7100s vs bullish USD after Chinese data4China’s Retail Sales rise 0.4% in August, Industrial Production up 5.2%5China Industrial Production (YoY) registered at 5.2% above expectations (4.8%) in August6China Retail Sales (YoY) below expectations (0.8%) in August: Actual (0.4%)7British Pound drifts lower below 1.3500 as Fed hike bets rise, UK jobs data loom8Silver Price Forecast: XAG/USD falls to near $63.00 amid rising inflation, Treasury yields9Euro remains depressed below mid-1.1500s vs bullish USD as focus remains on FOMC
