The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

25.06.2014 - In the U.S. have bought more houses than it was expected

Growth in the real estate market data which was published yesterday was much better than analysts' expectations. According to statistics, the number of new home sales in the U.S. in May rose to 504 thousand, against an expected growth to 442 thousand. This figure is 16.9% higher than the result recorded in May of the last year. Growth of purchases in May was the highest for the last 6 years.

Growth in housing prices in 20 major U.S. cities slowed to 10.8% for the year, which is 0.9% less than the expectations of experts. Recovery in the construction sector gives hope for a more rapid decline in the unemployment rate and the growth of consumption in the United States. Despite this, the U.S. stock market looks quite overrated and requires correction.

Wish you the profits!

FXFINPRO Capital Analytical department.

calendar | Календарь
information

We would like to remind you that although trading of derivatives on margin may offer many benefits, it is important to note that it also carries a high level of risk. Please click here to read our full ‘Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.
I ACCEPT
The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
Close