CWG finance News, November 27 (Wednesday)
ata and news released yesterday:New home sales in the United States fell 0.7% at an annualized monthly rate last month, expected to grow by 0.8% to a seasonally adjusted annualized rate of 73.3 units, expected to be 709000 units; sales in September were revised to 738000 units.The consumer confidence index of the American consultative chamber fell to 125.5 this month, with the previous value of 125.9 and the expected value of 126.8. The current situation index fell to 166.9 from 173.5 in November, the fourth consecutive month of decline.Federal Reserve Kaplan: monetary policy is currently at a good level.Brainard: negative interest rates are not considered to be effective in the United States.OPEC considers to extend the oil production reduction agreement for 3-6 months after March 2020.
ata and news released yesterday:New home sales in the United States fell 0.7% at an annualized monthly rate last month, expected to grow by 0.8% to a seasonally adjusted annualized rate of 73.3 units, expected to be 709000 units; sales in September were revised to 738000 units.The consumer confidence index of the American consultative chamber fell to 125.5 this month, with the previous value of 125.9 and the expected value of 126.8. The current situation index fell to 166.9 from 173.5 in November, the fourth consecutive month of decline.Federal Reserve Kaplan: monetary policy is currently at a good level.Brainard: negative interest rates are not considered to be effective in the United States.OPEC considers to extend the oil production reduction agreement for 3-6 months after March 2020.