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US: Existing Home Sales rise 0.4% in January due to revision lower in November

November existing home sales were revised lower by -1.2%, from 4.94M to 4.90M. January data was expected to come in at 4.90M, but surprised by rising to 4.92M.

US Existing Home Sales (MoM) (Jan): 4.92M and Change grows 0.4%

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US: Philadelphia Fed Manufacturing Index disappoints at -12.5 in February

Philadelphia Fed Manufacturing Index in the US dropped from -5.8 to -12.5 in February, instead of rising to 1.0 as expected, disappointing investors.
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