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US Crude Steady, New Home Sales Shines

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 24, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    US crude has posted slight gains and is trading at $48.67 in the North American session. Brent crude is trading at $48.90, as the Brent premium is a negligible $0.23. On the release front, US New Home Sales jumped to 619 thousand, well above the estimate. Richmond Manufacturing Sales declined[​IMG]

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