Economic Data Overview - The latest NAHB housing market index shows a slight improvement, coming in at 37, above the expected 33, but still indicates a contractionary sentiment in the housing market [2][3] - The Philly Fed manufacturing index has turned negative, dropping 36 points to -12.8%, the lowest since April, with significant declines in shipments [6][7] Housing Market Insights - The housing market remains in a dismal state, with any index below 50 indicating pessimism; however, there are signs that future interest rate reductions could stimulate buyer activity [3][4] - Inventory levels are increasing, which may lead to lower prices in the housing market [4] Manufacturing Sector Analysis - New orders in the manufacturing sector increased by six points, while the employment index slightly decreased to 4.6% [8] - The manufacturing landscape shows variability across different regions, with the Empire State manufacturing index performing better than the Philly Fed index [8] Commodity Market Trends - Gold prices are reaching new all-time highs, driven by FOMO trading and market volatility, with significant inflows into gold ETFs [11][13] - The energy sector is experiencing downward pressure on prices due to economic growth concerns, with natural gas prices also declining [15] Oil Market Dynamics - The oil market is skeptical about claims from India regarding reducing Russian oil imports, as alternative supply sources are not clearly defined [17][18] - A potential meeting between President Trump and Ukraine's president could lead to an LG deal, which may positively impact oil prices due to the correlation between LG demand and oil prices [19][20]

Market Trends - Canadian home sales experienced a decline in September, concluding a five-month period of increases [1] - The decrease in home sales coincided with a reduction in new listings [1]

Toronto home sales rose last month as the Bank of Canada resumed interest-rate cuts https://t.co/hDpyfXyaRZ ...

China’s home sales steadied in September, signaling potential stabilization nearly three years after support policies began https://t.co/zKc6wXI2Gi ...

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 150 points on Monday.Following the market opening Monday, the Dow traded up 0.19% to 46,333.68 while the NASDAQ rose 0.67% to 22,635.76. The S&P 500 also rose, gaining, 0.42% to 6,671.51.Check This Out: How To Earn $500 A Month From Lamb Weston Stock Ahead Of Q1 EarningsLeading and Lagging SectorsInformation technology shares jumped by 0.8% on Monday.In trading on Monday, energy stocks fell by 0.8%.Top HeadlineU.S. pending home ...

Um, you guys, you mentioned housing. There's an interesting wrinkle in existing today. Let's get to Diana Olick.Hey, Diana. >> Hey, Carl. I guess the wrinkle is that the uh AP has broken the embargo for 10:00.So, we'll just go ahead with the numbers right now. Existing home sales were essentially flat in August at a seasonally adjusted annualized rate of 4 million units. That's down 0.2% from July, up 1.8% from August of last year.Now, the street was looking for a slightly bigger drop of 1 and a.5%. Sales w ...

Singapore new home sales rise to their highest in nine months in August, underscoring a recent resurgence in demand as a slew of projects hit the market https://t.co/sMaA5OxQg9 ...

China’s home sales extended their slump in August even as prices declined and the country’s two biggest cities rolled out additional stimulus measures https://t.co/3KQrYr3wnH ...

Singapore new home sales rose to their highest level since February despite the introduction of new curbs, in an indication of renewed buying demand in the city-state https://t.co/ysRFM25Hvp ...

Home sales in Toronto rose the most in nine months as the Canadian economy appeared to hold up in the face of uncertainty sparked by President Trump’s trade war https://t.co/eoOsxkLF2p ...