Tag "strengthens"


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Crude Prices Strengthen as Outlook Becomes Positive

Crude Prices Strengthen as Outlook Becomes Positive

🕔September 7, 2016

Crude oil prices started climbing toward $50 a barrel earlier this week, after the announcement that Saudi Arabia and Russia had agreed to work together to stabilize the oil market. But without the revelation of a specific plan to curb output, futures prices have struggled for direction.…

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US Pending Home Sales Strengthens Further

US Pending Home Sales Strengthens Further
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🕔August 31, 2016

A survey conducted by Thomson Reuters revealed that the number of contracts signed by home-buyers for the month of July rose higher by 1.3%, more than the 0.6% rise forecasted by analysts. The rise drove the Pending Home Sales Index higher as it reached its second highest level in over 10 years to 111.3, below the 115 level posted for the month of April.…

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