New Home sales

Bonds and gold paying more attention to the big beat in U.S. new Home sales then the Impeachment debate.Dollar index making news highs trading +.5% breaking out of a short term range with a bit of Momentum.Focus on the Economy for a bit is a welcome change to the Political ongoings. Treasuries heavy and Gold -.6%

From trading Economics “Sales of new single-family houses in the United States jumped 7.1 percent from the previous month to a seasonally adjusted annual rate of 713 thousand in August 2019, following a revised 8.6 percent slump in July and easily beating market expectations of a 3.5 percent increase. New home sales in the South rose 6 percent and those in the West soared 16.5 percent.”

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