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US Housing data

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DZ
Contributor
Hi guys. If US housing data is positive do you think we see a reversal of todays trend? What I'm hearing is that it could be good news, otherwise we are in for more trouble.
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3 REPLIES 3
SimonPB
Valued Contributor
nobody knows how the market will react to data, be it good, bad or ugly data.
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DZ
Contributor
the negativity in the market at the moment is mostly due to interest rate concerns, but there is a lot of data coming out this week, including the us gdp and housing, so I think it will be up n down.
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Not applicable
Interest rate is not a concern anymore due to the 10yr rallying this morning.
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