Rise in New Home Sales Welcomed Sign for Housing Market Federal Reserve Holds Rate at 2%
Aug 27

German inflation data and comments from ECB’s Lucas Papademos will top
the macroeconomic release menu for the European session as U.S. markets
prepare for durable goods, weekly oil inventories and a two-year bond
auction. Canada’s main releases for the day include some employment data
followed by a real return bond auction at noon.

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