Greetings,
The United States: According to Redfin, pending home sales are down 33% year-over-year.
The number of apartment units under construction hit a record high.
Equities: It’s not all doom and gloom out there.
Energy: European natural gas prices keep moving lower as temperatures rebound (2nd panel).
Europe: Central/Eastern European economies are heavily reliant on the Eurozone.
Canada: The 2-year yield climbed after the CPI report. Another BoC rate hike ahead?
Asia – Pacific: The China-Australia trade spat is thawing, prompting a climb in the Aussie dollar.
Food for Thought: Here is US employment in the semiconductor industry:
Edited by William Villacis
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