Housing market in Canada improves in August

Source: Bloomberg
Sales of new homes in two main regions of Canada advanced this August from the previous year. Real estate companies' registrations of new houses in Toronto, the first large market in the country, were up 21% to 7569 units this August, while in Vancouver region new home sales surged as much as 52%. Moreover, the average new house price increased 5.4% to C$503.094.
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Thu, 05 Sep 2013 15:22:04 GMT

U.S. lawmakers may delay debt limit negotiations

According to the outlooks of leading EU and American banks, U.S. lawmakers will move the debt ceiling talks to mid-October, while the Treasury secretary Jacob Lew pointed that the limit can be reached by that time. It is worth to say that the current amount of debt the U.S. can allow stands at $16.7 trillion. Moreover, Lew said that on

Thu, 05 Sep 2013 10:48:04 GMT

European stocks almost unchanged before rate decisions

European stocks remained stable on Fed saying the U.S. economy is recovering moderately, as investors awaited central-bank meetings. The Stoxx Europe 600 Index gained almost 0.1% to 302.45 as of 9:53 a.m. London time. S&P's 500 Index futures lost 0.1%, while the MSCI Asia Pacific Index added 0.1%. The interest rates are expected to be kept unchanged at 0.5%, according

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