ILEI

Lower mortgage rates boost US home sales in February

Summary Existing home sales jump 14.5% in February Median house price falls 0.2% to $363,000 from year ago Supply increases…

Gold dips 2% as banking fears recede in run-up to Fed decision

Summary Companies Fed statement due at 1800 GMT on Wednesday Market seeing heavy profit taking – analyst SPDR Gold Trust…

U.S. labor market remains tight; housing market stabilizing

Summary Companies Weekly jobless claims drop 20,000 to 192,000 Continuing claims decrease 29,000 to 1.684 million Single-family housing starts increase…