New Zealand's merchandise trade deficit stands at NZ$168 million

Source: RTT News
Merchandise trade balance in New Zealand came in deficit in the month of October, however, it was the smallest deficit recorded in almost 20 years in October, a report released by the Statistics New Zealand showed on Wednesday. The merchandise trade deficit stood at NZ$168 million in October after recording a shortfall of NZ$216 million in the month before.

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Wed, 27 Nov 2013 08:21:22 GMT

European shares rise before German consumer confidence

European equities increased on Wednesday as traders awaited reports showing results of the U.S. consumer confidence and durable-goods orders and as German consumer sentiment is forecast to advance to 7.1 in December from 7 in the prior month. The benchmark index Euro Stoxx 50 expiring in December gained 0.2% to 3,070 as of 7:16 a.m. London time.

Wed, 27 Nov 2013 09:49:03 GMT

Australia's housing affordability records further increase in Q3

Australia's housing affordability continued to increase in the three months ended in September driven by further reductions of interest rates, the Housing Industry Association showed in a report on Wednesday. The report showed that the HIA-Commonwealth Bank housing affordability indicator advanced 3.2% in the Q3 to a level of 75.1, while the aggregate city affordability index rose 2.6% to 72.2.

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