Australian building approvals surge in January

Source: RTT News
Building approvals, which were issued in Australia in January of this year, climed 6.8% on a montly basis, reaching as many as 17,514. At the same time, analysts predicted a small rise of 0.5%. Moreover, year-on-year, the indicator surged 34.6%, beating forecasts of 24% as well. Meanwhile, the decline for December was revised positively from -2.9% to -1.3%.
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Tue, 04 Mar 2014 07:54:20 GMT

Australian current account improves in Q4

Current account deficit in Australia dropped 19% in the last quarter of 2013 from the previous three months, reaching $10.14 billion, while experts waited for a $10 billion shortfall. At the same time, the indicator for the July-September quarter was revised positively to a $12.54 billion deficit. It is worth pointing out that surplus of trade for goods and servives

Tue, 04 Mar 2014 06:39:23 GMT

Natural gas drops as winter near to end

Natural gas futures dropped to the lowest settlement in six weeks in New York amid speculation that demand will decrease with milder weather forecast. Natural gas for delivery in April dropped 11.7 cents to $4.492 per one million of  Btu on the NYMEX, the lowest price since Jan. 21. The futures  dropped 25% in the prior week, making the biggest

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