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5. 30 6 million homes. This is after a gain of 4. 7 of the prior month. Economists were looking for a figure of 5. 4 million on an average day so its coming in a little worse than anticipated. This is not necessarily a number that will move the overall market but i am watching the xhb which is the homebuilder etf and were not seeing much movement. It remains higher by about half of 1 . It looks to be taking a little bit of a leg up after these headlines came out. Erik thank you. Coming up come the best week of the year for the s p 500 and stocks appear to have stalled today. Surprise due to th...

Year e had the best week of the year last week. All three major averages are remaining higher even if it is only marginally so in terms of macromedias we did have data sales. The existing home we had a decline for the month that was larger than had been estimated. That is largely because of lean inventory. Not as many houses out there as people want to buy. At the same time however, we have holding permits last week that showed we could see boulders staying busy in the coming months. Existing home sales pulling back a little bit from a high level. Touching a twomonth high. The homebuilders the...

Tom keene in new york. Equities are focusing on m a. Tom yesterday, markets were subdued. A continued slowdown off of thursday or friday. Maybe off the reality of how entrenched europe will be. The photo at the beginning of the show of the two chambers of the french government meeting with mr. Hollande was quite something. Francine it was. Now the shift we see towards russia may happen in the next couple weeks if not earlier. At least they have a common fight. Investorhe german zew expectations, and little less than we were hoping. Lets get news. A second day, french planes attacked Islamic St...

Year low, excuse me. The big story of the day was from home retail. The sunday times says the private Equity Companies are considering and that for retail. The price tag is one billion pounds. A small she is compared to the 160 billion deal we have today. I would like to know from you, what the takeaway is from todays Manufacturing Service data. Mark the ecb would have been encouraged right the economic component when you bring together the services and the manufacturing composite. He have the best Economic Activity in for. 5 years 4. 5 years. Dont forget what Mario Draghis head on friday. He ...

Welcome to the pulse. Im Francine Lacqua. Lets get straight out to guy johnson live from my cap headquarters with some very exclusive interviews. This is the companys ceo. Guy, over to you. Guy thank you indeed, francine. Welcome to icaps charity day. Raised 8 they million. It is a colorful affair. I feel massively underdressed. The good news is that Michael Spencer is also in his suit. Good morning to you. 8 million last year. Million pounds u. S. El 180 million dollars. Slightly is marketdependent, isnt it . Your sense for this year . Michael sounds good here. Listen, i dont control that, bu...