Blasts in Brussel cause European exchanges fall

Source: CNBC
On Tuesday, several deadly explosions have rocked at the airport and metro system in the Belgium capital, Brussel. The Euro dropped to $1.12, whilst the Swiss franc jumped to 1.0879 per euro. The European index, STOXX Europe 600 Travel & Leisure lost 2.75%. Belgium Bel 20 declined by 1.25%, French CAC 40 by 1.4%, German DAX by 1.77% and Dutch AEX tumbled by 1.34%.

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Wed, 23 Mar 2016 16:01:24 GMT

US home sales grow 2% in February

The Commerce Department reported that home sales in the US jumped by 2% on a monthly basis in February to an annual seasonally adjusted pace of 512,000. In addition, there are more signs showing US housing market strength as the total quantity of houses for sale at the end of February was at the highest levels since October 2009 and

Wed, 16 Mar 2016 17:11:05 GMT

US housing starts at 5-month high

The Commerce Department reported 5.2% increase in housing starts in the US in February. The main driver of the spike was single-family house starts, which rose 7.2% to a yearly rate of 822,000, the highest level in nine years. The housing sector is said to be the main driver of the economic growth in 2016 in the US as decrease

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