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Markets Eye US New Home Sales

ByMayzus
AuthorLiteForex Europe
Published 02/26/2014, 04:40 AM
Updated 03/09/2019, 08:30 AM
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Yesterday's trading session ended in the red zone, indices were consolidating at the reached levels, unable to move forward, but at the same time not ready to lose.

The statistics which were published during the day were generally mixed. Germany's economy increased in the 4th quarter of the past year by 0.4%, in comparison with the last three months. In an annual expression, Germany's GDP grew by 1.4%, the data coinciding with preliminary estimates and forecasts of analysts.

Following the results of the trading session, the British FTSE 100 decreased by 0.52%, and the French CAC 40 and German DAX lost 0.10%. The regional STXE 600 indicator increased by less than 0.1%, having closed on the level of 338.39 points.

This morning consumer confidence index of Gfk for March was published already, which made 8.5 points, when 8.2 points were expected.

As for the statistics from the US, the price index on real estate, counted for the 20 largest cities in December, grew by 0.76% in comparison with last month, where analysts expected growth of the indicator by 0.6%. In the meantime, the index of consumer confidence in the US decreased in February to 78.1 points. Analysts predicted the indicator to fall to only 80 points.

Following the results of the trading session, the indicator of blue chips, the Dow Jones Industrial Average index, was closed on a level of 16179.66 points and lost 0.17%. The index of the wide market S&P 500 lost 0.13% and reached the level of 1845.12 points, and the index of the hi-tech companies, Nasdaq, receded by 0.13% to the level of 4287.59 points.

Later this evening there is going to be statistics from the US New Home Sale for January.

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