Archive for December 22nd, 2010

U.S. Existing Homes Sales Rose 5.6% In November

Sales of existing homes in U.S. rose 5.6% to 4.68 million units SAAR. Consensus was at 4.75 million.

U.S. GDP Growth in Q3 2010 Revised to 2.6%

U.S. GDP growth for Q3 was revised from 2.5% to 2.6%; consensus was at 2.8%. Q2 reading was at +1.7%.

Morning Reading – December 22, 2010

*** FT Alphaville: ECB rollover day [updated with result] ***
*** FT Alphaville: Anything but rate hike policy in China ***
*** The Big Picture: Kass: Surprises for 2011 ***
*** The Big Picture: And in ETF News ***
*** The Big Picture: LEH: Its All Good Now! ***
*** The Slope of Hope: Truly Astonishing ***
*** The Slope of Hope: The Analog – Warped Surge or Death Knell? ***

MBA Mortgage Applications Down 18.6%

MBA mortgage applications fell 18.6% on back of falling refinancing due increased mortgage rates; Prior reading was a decrease of 2.3%; On year level MBA Basic Index is down 18.6%.


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