HALISTER1: U.S. ECO PREVIEW: Home Re-Sales, Richmond Fed Due in 5 Minutes

U.S. ECO PREVIEW: Home Re-Sales, Richmond Fed Due in 5 Minutes

(Bloomberg) -- Existing home sales seen declining 1.6% m/m in Dec. to 5.52m annual rate (forecast range 5.38m to 5.65m); based on closings of single-family homes, town homes, condominiums, co-ops.
  • Would be first drop since Aug.; sales last month possibly “pressured by inadequate inventory": Bloomberg Intelligence
  • Richmond Fed Manufacturing Index seen at 7 in Jan. vs. 8 in Dec. (see forecast range); tracks sentiment among manufacturers in Virginia, Maryland, Carolinas, District of Columbia, most of West Virginia
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Topics
First Word DC - Foreign Policy

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