The Case-Shiller home price index improved to -11.3% in August versus a year ago. The market expected a -11.9% outcome. On the month, prices were up 1.2% in August from July.
US equity markets have ticked higher and the risk trade is improving with EUR/USD up to 1.4885 after holding 1.4850 support in the last hour. Heavy sell orders are eyed in the 1.4920/30 area on rebounds once again.
