Guardian Stockbrokers Key Economic News Thursday 27 October 2022

The key points from today’s economic news, brought to you by Guardian Stockbrokers.

US MBA mortgage applications fell in the week ended 21 October 2022

In the US, the MBA mortgage applications fell 1.70% in the week ended 21 October 2022, compared to a drop of 4.50% in the prior week.

US goods trade deficit widened in September

In the US, goods trade deficit widened to $92.20 billion in September, compared to a deficit of $87.60 billion in the previous month.

US new home sales declined less than expected in September

In the US, new home sales fell 10.90% on a MoM basis in September, compared to a revised rise of 24.70% in the prior month. Market expectations were for new home sales to record a fall of 13.90%.

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