Forex Trading News & Analysis

U.S. commercial crude oil inventories decreased by 3.3 million barrels from the previous week

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.3 million barrels from the previous week. At 463.2 million barrels, U.S. crude oil inventories are in the upper half of the average range for thi…

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Forex Trading News & Analysis

US new home sales declined significantly in July

Sales of new single-family houses in July 2017 were at a seasonally adjusted annual rate of 571,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 9.4 percent below the revised June rate of 630,000 and is 8.9 percent (±15.4 percent)* below the July 2016 estimate of 627,000.

The median sales price of new houses sold in July 2017 was $313,700. The average sales price was $371,200.

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Forex Trading News & Analysis

US private sector companies signalled a sharp and accelerated increase in business activity during August – Markit

This was shown by the seasonally adjusted IHS Markit Flash U.S. Composite PMI Output Index rising from July’s reading of 54.6 to 56.0, to indicate the fastest growth of overall activity since May 2015. Driving the headline composite index higher was…

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