Thursday, February 07, 2008

Quick Overview

  • The National Association of Realtors said its index of pending home sales fell 1.5% in December. YoY pending sales fell 24%.

  • The Bank of England lowered its interest rate from 5.50% to 5.25%, as expected.

  • The unemployment rate in New Zealand improved from 3.5% to 3.4%

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