By CDMediaNetwork | January 27, 2020
With the market on pins and needles following the worsening of the coronavirus outbreak in China over the weekend, economic data released this morning was mixed, but closely watched.
Dallas Fed Manufacturing Business Index (Jan) surprised to the upside printing at -0.2 vs -3.1 consensus estimate.
New Home Sales (MoM) (Dec) printed at 0.694M vs .74M estimated.
New Home Sales Change (MoM) (Dec) printed at -0.4% vs 1.5% estimated.
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This piece originally appeared on CreativeDestructionMedia.com [3] and is used by permission.