Forex Consulting

US mortgage delinquencies rise to 4.8% from 4.24%

Mortgage foreclosures fall to 1.23% from 1.29% The delinquency rate for mortgage loans rose to 4.8% in the third quarter versus 4.24% last quarter. Earlier today in the US, housing starts for October advance sharply to 1290K vs 1135K last month. That was much better than expectations of 1190K. Copyright 2015 Forexlive.com

Forex Consulting

A week-end of decision for Germany

The coalition talks continue in Germany this week-end 18 Nov After Thursday’s self-imposed deadline passed without any deal, and almost 2 months after the election results, Merkel’s CDU continue to try and thrash out a compromise with the FDP and Greens. Copyright 2015 Forexlive.com

Forex Consulting

Canada CPI (NSA) MoM for October 0.1% vs 0.1% est.

CPI YoY for October 1.4% vs. 1.4% estimate Overall the data has a little wiggle up in the core common YoY and a little wiggle down in the core Median (vs expectations. The trimmed measure split the difference and came in as expected. Inflation remains well below the 2% target though.  Copyright 2015 Forexlive.com