Inflation in Italy declined in line with expectations

Source: RTTNews
The Italian statistical office reported on Tuesday that EU harmonized index of Italian inflation was equal to 2% last month, compared to figure of 2.4% in the preceding month. The reading was unchanged from the first estimate and in line with expectations. Month-over-month, the price index fell by 0.2%.
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Tue, 12 Mar 2013 18:01:08 GMT

Gold rallies to 2-week high

On Tuesday, futures for the precious metal were growing during US morning trading hours, almost reaching a 2-week high, as the commodity broke through a resistance level. On the Comex, April delivery futures for gold were traded at $1,593.10 per troy ounce, which was a gain of 0.95% during the day.

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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