US February existing home sales 4.09m vs 3.89m expected
Prior was 3.91m (worst reading since 2024 but revised to 4.02m) Home sales change +1.7% vs -8.4% prior Days on the market 47 vs 46 prior Inventory at months 3.8 vs 3.7…
Prior was 3.91m (worst reading since 2024 but revised to 4.02m) Home sales change +1.7% vs -8.4% prior Days on the market 47 vs 46 prior Inventory at months 3.8 vs 3.7…
US Secretary of Defense Pete Hegseth held a briefing at the Pentagon today and said: Today will be the hardest day of strikes yet Iran yesterday fired its lowest amount of missiles…
Nasdaq rebounds as oil prices ease and Trump suggests the war could end soon. What’s next? US February NFIB small business optimism index 98.8 vs 99.6 expected ECB policymakers stress patience, assess…
Prior 99.3 Full report here This is a minor setback but the index remains above its 52-year average of 98. This is not a market moving report and it certainly won’t be…
China exports surge at start of 2026 as trade surplus widens sharply. Summary: China’s exports surged 21.8% y/y in January–February, far exceeding expectations and accelerating sharply from December’s 6.6% growth. The country…
China’s trade data for January–February came in much stronger than expected. Exports (USD terms) rose 21.8% y/y (expected 7.1%, previous 6.6%). Imports (USD terms) increased 19.8% y/y (expected 6.3%, previous 5.7%). Trade…
ICYMI: Goldman Sachs & Barclays warn sustained oil surge could push US inflation toward 3% Trump advisers urge Iran war exit plan amid epic oil price surge. Epic Blunder? Recap – Japan…
Japan’s GDP growth revised sharply higher as investment strengthens, but energy risks cloud outlook. Summary: Japan’s fourth-quarter GDP growth was revised sharply higher to 1.3% annualised, far above the preliminary estimate of…
Iran signals shipping pressure in Gulf while Trump warns of massive retaliation if oil flows are disrupted. Summary: Iran is reportedly preparing “security duties” on ships linked to U.S.-allied countries in the…
Australian business conditions hold steady while confidence slips into negative territory. Note – this survey was taken before the war. With the surge in energy prices confidence will not have improved. Summary:…
Summary: UK consumer spending grew modestly in February, rising 1.1% year-on-year, highlighting fragile household demand. Sentiment weakened as the Middle East conflict raised fears of higher fuel prices, energy bills and inflation.…
Japanese GDP Q4 2025, final. 0.3% q/q expected 0.3%, prior -0.6% Annualized 1.3% expected 1.2%, prior -2.3% GDP inflation measure 3.4% y/y expected 3.4%, prior 3.5% — External Demand 0% q/q expected…