Today in the economy

[killersheep]

Feb 26.

UK - Nationwide HPI

Actual -1.80% |Forecast-1.20% |Previous-1.30%

The Nationwide HPI is an economic indicator that measures both the quantity and price statistics regarding the sales of newly built and existing homes..

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USA - Core durable goods orders

Actual-2.50% |Forecast-2.10% |Previous-3.90%

Derivative of Durable Goods Orders that omits the Transportation components. Orders for aircraft occur in periodic burst and can severely distort the underlying trend, so Currency traders tend to focus more on this indicator than the overall Durable Goods Orders.

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USA - New homes sales

Actual- |Forecast325.00K |Previous331.00K

Determines the annualized amount of new residential buildings that were sold during the last month. A rising trend has a positive effect on the nation's currency as the housing market is a leading gauge for the overall economy. New housing activity creates an economic ripple effect as home owners buy goods such as appliances and furniture for their homes, and builders buy raw materials and hire more employees to meet demand. A high level of housing activity signals that the construction industry is healthy and that consumers have the capital to make large investments.