U.S. ECO PREVIEW: Existing Home Sales, LEI in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Existing home sales seen rising 0.4% m/m in Sept. to 5.35m annual rate (forecast range 5.22m to 5.57m); based on closings of single-family homes, town homes, condominiums, co-ops.
Alert: HALISTER1- Would be first increase in 3 months; weakness in data on pending home sales suggest “bar is high for a meaningful rebound” in today’s report
- Index of leading economic indicators seen rising 0.2% in Sept. after falling 0.2% in Aug. (forecast range 0% to +0.4%); LEI measures economic outlook for next 3 to 6 mos.
Source: BFW (Bloomberg First Word)
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UUID: 7947283