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This Thursday 22 Apr at 02:00 PM GMT the latest US Existing Home Sales number will be released.
If the number is less than than economists’ consensus there is a 80% probability that UB will trend up following the news event.
This probability is based on the last 12 US Existing Home Sales events, in which 4 of the last 5 events where the actual number was less than than the economist consensus resulted in an up trend of UB.
Here are images of the past events:
Monday 22 Mar at 02:00 PM GMT:
Tuesday 22 Dec at 03:00 PM GMT:
Wednesday 22 Jul at 02:00 PM GMT:
Tuesday 21 Apr at 02:00 PM GMT:
Disclaimer: Past performance may not be indicative of future performance