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Free AccessUS Data: Highlights of Market Survey of Economic Forecasts
Repeats Story Initially Transmitted at 22:06 GMT Jan 17/17:06 EST Jan 17
WASHINGTON (MNI) - The following are highlights of forecasts for upcoming
U.S. economic indicators provided by Bloomberg forecasts. The comment section
presents the key elements behind the median forecasts.
November FHFA Home Price Index (percent change)
Wednesday, January 22 at 9:00 a.m. EST
Actual:
Median Nov19 Oct19 Sep19
Index: 0.3 -- 0.2 0.7
Comments: The FHFA Home price index is expected to accelerate slightly to
0.3%, reflecting rising but stable home prices.
December Existing Home Sales (millions)
Wednesday, January 22 at 10:00 a.m. ET
Actual:
Median Dec19 Nov19 Oct19
Existing Home Sales 5.43 -- 5.35 5.46
Comments: December existing home sales are anticipated to rise to 5.43m,
rebounding from November's 5.35m.
Initial Jobless Claims (thousands)
Thursday, January 23 at 8:30 a.m. EST
Actual:
Median Jan18 Jan11 Jan04
Claims: 214 -- 204 214
Comments: Jobless claims for the week ending January 18 is expected to rise
slightly but remain stable at 214,000 amid expected seasonal volatility.
December Conference Board Leading Economic Index(percent change)
Thursday, January 23 at 10:00 a.m. ET Actual:
Median Dec19 Nov19 Oct19
Indicators -0.2 -- flat -0.2
Comments: The Leading Economic Index is expected to drop -0.2% after
remaining flat in November and coming in negative from August through October.
The weakness in the forecast likely comes from ongoing weakness in ISM new
factory orders and jobless claims edging slightly higher. However, increased
stock prices and improved conditions for the U.S. Treasury yield curve are
helping to stabilize the Leading Economic Index.
--MNI Washington Bureau; +86 (10) 8532-5998; email: ryan.hauser@marketnews.com
[TOPICS: MTABLE]
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.