The US Existing Home Sales results where just released. The announcement is expected to affect the following instruments for the next few hours:
Due to the increased volatility in the market around this news event we would advise that you review any open positions in the market.
These statistics are based on the past 12 US Existing Home Sales events, in which these instruments were all affected
Why this event matters:
Existing Home Sales occurs when the mortgage is closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed.
Disclaimer: Past performance may not be indicative of future performance