the Federal Housing Finance Agency reported U.S. July home prices declined 0.5% month over month and 3.3% year over year. Prices in June were also revised downward to 1.2% from 0.3%. Economists claim existing inventory is increasing at its fastest rate in three years, and this is causing lower home prices.
Crude-oil inventories countered analysts' expectations of a decline, and increased by 1 million barrels for the week ended Sept. 17. Reserves of distillates, which include diesel and heating oil, also rose by 300,000 barrels, compared with the predicted 100,000-barrel increase.
( before 1150 is kind of safe. after 1150 we need check the trend again.
1180 is our prediction before end of year. )
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