US reports on real estate supported the dollar and stock indices

After the announcement the dollar began ekonompokazateley
strengthened against the euro, while the Dow
Jones and S P
stopped falling. how
According to Bloomberg, the purchase of new homes
US unexpectedly rose in February to
a seven-year high, which means,
that most of the profit will help support
industry in this harsh time.

Sales rose by 7.8%
-. To 539 thousand, the highest rate
with February 2008. Such data are voiced today in the Ministry of Commerce
Washington. Totals exceed
even the boldest forecasts of economists
Bloomberg portal. By the way, the average analysts
It gave a figure of 465 thousand.

"Do you have a steady
job growth, income growth
a little weak, but still
positive, is still very low
mortgage rates - all of this
gradually eases access to credit".
- said Gus Faucher, senior economist
PNC Financial Services Group in Pittsburgh. He added,
that is waiting for further growth this year.

Following the publication of reports
the market reacted immediately: the dollar
I began to grow in tandem with the euro, and to the 17:22 MSK pair
EUR / USD traded
at the level of 1.0907. At the same time, US
index stopped falling and went to
a slight increase: the Dow
Jones added 0,05%, S P
500 rose to 0.06%, by Bloomberg data.