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25 Feb 2014
Flash: US consumer confidence data coming up - TDS
FXStreet (Barcelona) - Strategists at TD Securities noted the next bout of key data from the US.
Key Quotes:
"Ahead of housing and durable goods reports later in the week, markets will pay attention to tonight’s consumer confidence and home prices".
"We look for February confidence to edge modestly lower to 79.5 from 80.7 as improvement seen later in the month due to rising equities and the removal of debt ceiling uncertainty was likely not captured in the survey".
"The annual pace of home price appreciation is also set to ease from 13.7% to 13.3% (+0.5%/mth) in December".
Key Quotes:
"Ahead of housing and durable goods reports later in the week, markets will pay attention to tonight’s consumer confidence and home prices".
"We look for February confidence to edge modestly lower to 79.5 from 80.7 as improvement seen later in the month due to rising equities and the removal of debt ceiling uncertainty was likely not captured in the survey".
"The annual pace of home price appreciation is also set to ease from 13.7% to 13.3% (+0.5%/mth) in December".