EUR/USD
1.16076
0.317%
Gold
4356.78
3.470%
Oil
78.663
-5.089%
USD/JPY
160.089
-0.069%
GBP/USD
1.34276
0.128%
GBP/JPY
214.964
0.057%
Real-time News
June 15th - U.S. homebuilder confidence declined further in June, driven by rising mortgage rates and building material costs, while confidence in the southern region deteriorated significantly. Data released Monday by the National Association of Home Builders (NAHB) and Wells Fargo showed that the housing market index, which measures overall market conditions, fell 2 points to 35 this month, below market expectations. As the largest homebuilding region in the U.S., the South saw its largest drop in confidence since November 2023. The NAHB stated that June marked the 14th consecutive month the index had remained below 40, the longest sustained period of weakness since 2011-2012. Looking at the sub-indices, the current sales conditions index fell 2 points to 38, while future sales expectations and potential homebuyer visits remained unchanged. The NAHB attributed the overall index decline to rising building material prices, increased financing costs, and regulatory factors hindering home construction.The UN Security Council voted to extend the mandate of the UN mission in Afghanistan for another year.EUROSAM (European Air Defence Corporation) is negotiating with Hungary and Kuwait on alternatives to the Patriot air defense missile system. A progress meeting will be held to discuss EU review.The U.S. NAHB Housing Market Index for June was 35, below the expected 36 and the previous reading of 37.US Vice President Vance: Unless Iran fulfills its obligations, they wont get a penny. The funds were talking about are essentially sanctions relief.
