
Monday – 11/28/2011
* USD – New Home Sales : at 3:00pm
It’s a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.
Previous 313K, Forecast 312K
* NZD – NBNZ Business Confidence : at 12:00am
It’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
Previous 13.2, Forecast
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