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Random article: Existing Home Sales Index
Sales of existing homes is the indicator helping to trace the number of sold houses per year on the existing home market. Also it can assist in forecasting about current confidence of buyers (consumer optimism) and their sentiment to buy precious assets. Index value is subject to great season fluctuations characterizing real estate market. Increase in volume of construction is closely related with the growth of income of population and is favorable towards economic growth. The data on the amount of sol houses is published on the fourth week of every month at 10:00 EST (New York). Market respond to this index is weak. Index growth is a positive factor for consolidation of national currency.
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Popular article: Durable Goods Orders
Durable goods orders – is a very important fundamental economic figure, publication of which greately influences the market. Durable goods include goods with long term of service, in particular, more than three years. Leading products of this group are passenger cars and trucks, construction material, everyday items. The goods related to transport and military orders were removed from this groups and included to special groups - Durable goods orders excluding transportation and Durable goods orders excluding defense.
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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