How it Effects
—————

New Home Sales Data will be announced at 7.00 p.m tonight.
If it comes greater than the given forecast, it will make dollar stronger and hence gold etc. will show negativity in the market.
Traders Use it for knowing the market expected next move.
New home Sales Data is the leading indicator which shows the real health of an economy. If New home Sales Data comes more than forecast it shows the growth of an economy.