US new home sales rise 7.6% in May

25/06/2012 | 14:00 GMT

We don’t need no stinkin’ QE, right?

That’s the biggest bounce in new homes sales since April 2010.

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In-line CPI report leads to a blockbuster day for US stock markets
US stocks open higher led by the NASDAQ index
USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
USD/JPY looks to US CPI report to potentially break ping pong range
BOJ reportedly erring towards keeping interest rates unchanged next week
USD/JPY back above 153.00

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