US: Pending Home Sales decline by 2.3% in September vs. 0% expected

Market news

28 October 2021

US: Pending Home Sales decline by 2.3% in September vs. 0% expected

Pending Home Sales in the US declined in September.
US Dollar Index stays deep in the negative territory below 93.50.

Pending Home Sales in the US decreased by 2.3% on a monthly basis in September following August's sharp increase of 8.31, the data published by the US National Association of Realtors showed on Thursday. Investors were not expecting any changes.

Further details of the publication showed that, on a yearly basis, the change in Pending Home Sales was -8%, compared to the market expectation of -10.2%.

Market reaction

The greenback continues to weaken against its rivals during the American trading hours and the US Dollar Index was last seen losing 0.47% on a daily basis at 93.40.

Japan: Tokyo CPI ex Fresh Food, y/y, October 0.1% (forecast 0.3%)

Japan: BoJ Interest Rate Decision, -0.1% (forecast -0.1%)

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