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US: February home sales see small rebound, but supply growth is 'sluggish'
Home sales made a small gain to start the year, but higher mortgage rates now could throw cold water on the spring season. Existing home sales in February rose 1.7% from January to a seasonally adjusted, annualized rate of 4.09 million units, according to the National Association of Realtors. Sales were down 1.4% from February of last year. This count represents closed sales, so deals were likely inked in December and January, when mortgage rates fell a bit and stayed solidly in a low range near 6% on the 30-year-fixed mortgage. Rates were about a full percentage point higher the year before. "Despite the modest gain ... (full story)
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From fxempire.com|Mar 10, 2026|2 commentsGold continues to see buyers on dips as we continue to see a lot of noisy behavior in the overall markets. With a couple of major wars going on, and the central banks around the ...
From cnbc.com|Mar 10, 2026Defense Secretary Pete Hegseth on Tuesday said, “Today will be, yet again, our most intense day of strikes inside Iran.” “Iran stands alone, and they are badly losing on Day 10 of ...
From think.ing.com|Mar 10, 2026|1 commentChina's exports grew by 21.8% year-on-year in the first two months of 2026, up from 5.5% in 2025, well above market expectations. This marked the highest monthly YoY growth level ...
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From @financialjuice|Mar 10, 2026|19 commentsUS Energy Secretary Wright: The US escorted an oil tanker through the Strait of Hormuz.
From kiplinger.com|Mar 10, 2026|1 commentInflation's always been a hot topic for economists. But since June 2022, when the Consumer Price Index (CPI) hit its highest level in 40 years (9.1%!) and the Federal Reserve ...
From @zerohedge|Mar 10, 2026|12 commentsUS Energy Secretary Chris Wright deletes X post announcing US navy had escorted an oil tanker pic.twitter.com/LZgFq2usBK
A Wright Mess: US Energy Secretary Posts US Escorted Tanker In Straits Of Hormuz, Then Immediately Deletes It Game-changer? Oil dropped on the huge headline that the United States Navy has escorted an oil tanker through the Strait of Hormuz: US NAVY ESCORTED AN OIL TANKER THROUGH THE STRAIT OF HORMUZ WRIGHT'S POST ON HORMUZ OIL TANKER APPEARS TO HAVE BEEN DELETED Newsquawk notes right away crude complex extends on recent weakness, lifting stocks to fresh highs, as US Navy escorted oil tanker through the Strait of Hormuz. This was quickly met with White House 'confirmation' (of sorts), in a now deleted tweet by Energy Secretary Chris Wright: "President Trump is maintaining stability of global energy during the military operations against Iran. The U.S. Navy successfully escorted an oil tanker through the Strait of Hormuz to ensure oil remains flowing to global markets," Energy Secretary Chris Wright announced. Fox News denies Scy Chris Wright report of US navy escort through Strait
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- Mar 10, 2026 11:41am Posted byFundamental Analysis1,199
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