Tuesday, 29 July 2014

US pending home sales fall, services PMI unchanged

US economic data on Monday were mixed.

The National Association of Realtors' pending home sales index fell 1.1 percent in June. However, this decline followed three consecutive months of increase, including a 6.0 percent rise in May.

Markit reported that its preliminary services PMI for July was 61.0, unchanged from June.

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