AUD/USD Slips Below 0.6700 As Australia’s Inflation Expectations Ease
AUD/USD edges lower after registering slight gains in the previous session, trading around 0.6680 during the Asian hours on Thursday.
WTI Posts Modest Gains Above $60.00 As Traders Assess Iran Protests
West Texas Intermediate, the US crude oil benchmark, is trading around $60.35 during the Asian trading hours on Thursday. The WTI price edges higher amid persistent tensions in Iran.
December Existing Homes Sales Add Evidence To The “Green Shoots” Thesis For Sales
Although the government shutdown is long over, the most recent government housing updates have been for October, I.e., two months stale.
Real Retail Sales And The Business Cycle
While November retail sales grew faster than expected, there being no reported November inflation rate, it’s hard to figure out if it’s true that it outpaced inflation, as asserted.
The Case For The Single Family Rental REITs
In an attempt to improve home affordability, President Trump announced a possible ban on institutional ownership of single family homes. This resulted in a selloff in the two leading single family rental (SFR) REITs.