U.S. New Home Sales Plunge 6.6% In June

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The U.S. dollar slipped against its major counterparts during European deals on Monday, as treasury yields dropped after high-level talks between the U.S. and China failed to resolve outstanding issues ... Read more

The current monetary stimulus should be maintained for several quarters at least, and probably longer, Gertjan Vlieghe, an external monetary policy committee member of the Bank of England, said Monday. ... Read more

Gold futures settled lower on Monday although the downside was just marginal due to the dollar’s weakness. A drop in long-term treasury yields amid worries about growth due to rising ... Read more

The Treasury Department announced the results of this month’s auction of $60 billion worth of two-year notes on Monday, revealing the sale attracted modestly below average demand. The two-year note ... Read more

New home sales in the U.S. unexpectedly showed another steep drop in the month of June, according to a report released by the Commerce Department on Monday. The report said ... Read more

The pound was higher in the European session on Monday, after a drop in the nation’s daily virus cases for the fifth consecutive day on Sunday. The U.K. registered 29,173 ... Read more

The U.S. dollar lost ground against its major rivals on Monday ahead of the U.S. Federal Reserve’s monetary policy meeting which begins on Tuesday. The dollar fell as treasury yields ... Read more

After trending lower over the past few sessions, treasuries regained some ground during trading on Monday. Bond prices pulled back after seeing initial strength but managed to close modestly higher. ... Read more

Crude oil futures settled lower on Monday amid worries about outlook for energy demand due to the rapidly spreading delta variant of the coronavirus in several countries across the world. ... Read more