Pending home #sales came in at -0.4% vs. -1.4% estimated. Since - TopicsExpress

Pending home #sales came in at -0.4% vs. -1.4% estimated. Since good news are bad for the markets the #Dow Jones, S&P 500, and the #Nasdaq are down. But there is another factor: This week we will have crucial statements and interest rate decisions from the major central banks like the Bank of Japan, the #Fed and the #ECB. Market participants are taking profits at this point. The world-famous economist Nouriel #Roubini, meanwhile, has indicated that #gold could hit $1,000 by 2015.

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