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U.S. Day Ahead: U.S. new home sales seen improving

Thursday, February 23, 2012 - 02:38

Feb. 23 - New home sales are expected to improve in January, and the Thomson Reuters/University of Michigan index of consumer sentiment also gained some traction in its final reading.

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Here is your US days ahead new homes sales to about Friday and the pace may finally be catching up to home builders sentiment. Sales are expected to have climbed to 3151000. In January. From the 307000. Recorded in December. Also the Thomson Reuters University of Michigan index of consumer sentiment is released later in the morning. Index probably picked up on regains confidence late February. -- the final score revised up hair from 72 and a half to 73 -- For that president's visit to Big Apple to discuss housing monetary policy and a recovery and fiscal challenges. Battery reserve bank of Saint Louis president James Bullard and San Francisco fed president John Williams pulled the housing and fed policy. And York fed president William Dudley an -- that Charles Plosser. We'll take part innate physical challenges panel before the US monetary policy form sponsored by the University of Chicago Booth school of business. Bank of Canada Governor Mark Carney will give a speech at that event. On the earnings agenda JC -- Writers trees out correspondent -- while not as Walt expects JC Penney reported quarterly loss. After the department store chains face too weak sales in the first two months of the year. And had to slash prices. Investors will be focused on how shoppers are reacting to the store's new pricing strategy which dropped sales in favor of every day pricing. Companies also reporting earnings include one of the world's largest producers of gold Newmont Mining street money company's Northeast Utilities Pepco Holdings and typical west. As CC chairman Mary Schapiro is scheduled to give his speech to the practicing law is to examine -- in Washington DC Friday morning. Reuters SEC correspondent Sarah says she hopes to hear more about how the SEC we'll support ways for small businesses to raise capital. While we don't know exactly what she's gonna talk about one area I'm very interested in and you're more how -- what they're gonna use -- and trying to helps our capital formation for small businesses. For the past -- -- even looking at right proposals. Including numbers lifting restrictions on advertising for private placements come and raising the threshold for the number of shareholders -- -- for him. Public finance reporting triggered. They've been looking at this for a year now we know they're actively interested in putting something else but we haven't heard any specifics. Or US today ahead I'm Rhonda -- business writers.

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U.S. Day Ahead: U.S. new home sales seen improving

Thursday, February 23, 2012 - 02:38