Copper declines on Eurozone worries

Note: This section contains information in English only.
Source: CNBC
Copper tumbled amid disappointment over stagnation in solving the euro area debt crisis and worries that China, the world's major commodities consumer, will start a campaign to ease inflation in the metals-intensive property sector. On Monday, three-month copper traded at $7,423 per tonne in London, after advancing 1.2% to $7,539 on Friday.
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Mon, 20 Aug 2012 17:41:45 GMT

China new-home prices increase on interest-rate cuts

China's new-home costs surged in the biggest number of cities in fourteen months in July amid interest-rate cuts, challenging the government's efforts to boost economic growth while constraining housing speculation. Prices rose in 49 of the 70 cities from preceding month, the most since May 2011, the National Bureau of Statistics reported on Monday.

Mon, 20 Aug 2012 17:19:45 GMT

Home sales and goods orders estimated to rise

Home sales and durable goods orders probably surged in July, showing the U.S. is rebounding from a second-quarter slowdown, analysts said ahead of upcoming reports. Combined purchases of existing and new homes are estimated to rise  to a 4.89 million annual rate, compared to 4.72 million in June. Orders for long-lasting goods are expected to increase the most in 2012.

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