BBA mortgage approvals added more than expected

Note: This section contains information in English only.
Source: Forexpros

British Bankers' Associations reported on Tuesday that the amount of mortgages that were approved by the BBA grew more than expected in August. BBA mortgage approvals advanced to 30.5 thousand on a seasonally adjusted basis, compared to a figure of 28.4 thousand for the previous month. Analysts, however, expected that the BBA mortgage approvals would rise only to 28.6 thousand.

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Tue, 25 Sep 2012 10:35:23 GMT

Gold held steady on stimulus support

On Tuesday, prices for gold remained steady, consolidating above one-and-a-half-week low, which was reached during the previous session, as the demand for the metal was supported by central banks' stimulus measures. Spot prices were little changed and were equal to $1,765.10 per once at 06.51 a.m. London time, after hitting a 1-week low of $1,755.30 during the previous session.

Tue, 25 Sep 2012 10:13:25 GMT

Euro drops amid Europe sentiment data

The Euro slid to a more-than-a-week low against the U.S. Dollar on Tuesday as consumer confidence in Europe's biggest economy stayed unchanged and ahead of Italy and Spain bond auctions today. The Euro lost 0.1% to $1.2917, after touching $1.2887, the weakest since Sept. 13. Common currency slipped 0.2% to 100.48 Yen.

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