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Mexican Peso Rises After First Presidential Debate
By: xemarketanalysisOVERVIEW New home sales in the U.S. fell less than expected in August and the overall trend remains positive. Deutsche Bank shares continue to hit record lows affecting risk sentiment across the market. German two-year bond yields hit a record low as fear grows over the health of the country's largest bank. HIGHLIGHT The first presidential debate saw Hilary Clinton and Donald Trump trade blows over policies on the economy, trade, and immigration. Read more
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New home sales have more often than not peaked before housing permits, but they too are more volatile and often heavily revised:
So this morning's report on new home sales is particularly helpful.&p[images][0]=/s3/files/styles/large/s3/image_800.jpg?itok=CuORnG9C){kind=link}
