Gold trades lower in line with expectations

Source: WBP Online
The yellow metal traded weaker on the London Stock Exchange on Wednesday ahead of the FOMC meeting. Thus, gold dropped around 0.2%, trading at $1,227.5 per ounce by 9:00 GMT. Analyst from FxWirePro expected bullion to trade between $1,225 and $1,242 per troy ounce on Wednesday.
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Wed, 06 Apr 2016 17:05:06 GMT

US crude oil inventories fall, sending prices higher

The US government announced an unexpected decline in crude inventories on Wednesday, sending oil prices higher. According to the Energy Information Administration, US crude oil stocks dropped by 4.9 million barrels to 529.9 barrels in the previous seven days. WTI added almost $1.5 and Brent grew around $1.2, trading at $37.34 and $39.11 respectively by 14:45 GMT on the NYMEX.

Wed, 06 Apr 2016 16:17:06 GMT

Average property price increases in New Zealand

According to the latest results from Quotable Value announced on Wednesday, New Zealand's average property value grew 11.4% to $559,492 year-over-year in March. Moreover, the average house price index increased across all regions in the Q1 except Auckland, where the index showed a slight 0.2% decline to $931,061.

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