Sharply higher home prices in the US. Consumer confidence is waning

Macro-economy
May 26, 2021

The yearly growth rate in home prices is close to a 15-year high in the US and consumer confidence is showing signs of weakening. US bond yields have continued to fall and the USD to weaken: the EUR/USD exchange rate climbed above 1.2250 and the highest level of the year so far (1.2349) may be the next target. Sharp improvement in French business confidence in May.

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Sharply higher home prices in the US. Consumer confidence is waning

You might also read :

ENVI’s vote for stricter EU ETS reforms lifted the carbon prices

The ECB takes the bull by the horns. The Fed will likely be forced to follow

OPEC meeting rescheduled for today

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