The U.S existing homes sales rate slipped in September 2011 by 3.0%; this news
comes despite the recent gains in the housing starts report. According to the
recent report of the Realtors organization, the annual rate of US existing home
sales declined in September compared with Augusts annual rate. The seasonally
adjusted annual rate reached 4.91 million home sales in September compared with
an annual rate of 5.06 million home sales in August 2011, a 3.0% decrease
(M-2-M), but 11.3% above the 4.41 million annual rate of home sales in September
2010. This news is following yesterdays report of a sharp increase in the
housing starts during September compared with August. This news might adversely
affect trading including the trade in the U.S stock markets: the major American
stock indexes such are traded down: the S&P500 index slightly falling by 0.39%,
the Dow by 0.43%, and the NASDAQ by 1.09%. Current gold price, short term
futures (November 2011 delivery) is traded at $1,622.1 per t oz. a $24.9
decrease as of 15:51*. Euros to US dollar exchange rate is currently traded down
at 1.3729 a 0.2278% decrease as of 15:40*. Current Nymex crude oil price, short
term futures (November 2011
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