The Dollar weakened against most majors after New Home Sales in the US unexpectedly fell last month, coming at 355K vs. 439K expected, indicating the recovery will be slower than first anticipated. NASDAQ rose by 0.75% and Dow Jones closed unchanged. Crude oil jumped by 3.1% after oil inventories showed a drop and came out at -4.9M vs. -1.5M forecast. Oil closed at 76.6$ a barrel. Gold (XAU) increased by 0.7% closed at 1093.3$ an ounce. Today, Core Durable Goods Orders are expected at 1.1% vs. -1.3% prior, Unemployment Claims is expected at 471K vs. 480K prior.
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