U.S. homebuilder confidence drops for third straight month

Note: This section contains information in English only.
Source: RTT News
Homebuilders' confidence in the world's largest economy surprisingly dropped in April as costs for building materials increased and amid concerns about supply for skilled workers and developed lots, a data released by the National Association of Home Builders unveiled on Monday. The data showed the NAHB/Wells Fargo Hosing Market Index declined for the third month in a row from 44 in March to 42 in April.

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Tue, 16 Apr 2013 07:55:05 GMT

Gold tumbles the most in 33 years

Gold futures for June settlement lost 9.3% to $1,361.10 on the Comex by midday trading session in New York on Monday. That was the biggest loss since 17th of March, 1980. Market analysts say that such sharp drop was caused by weak data from China, what sparkled a selloff of the commodity amid concern that more money will be required

Tue, 16 Apr 2013 08:28:04 GMT

Corn tumbles despite winter weather in the U.S.

Farm commodities finished in the negative area on Monday on weak demand for riskier assets after dismal numbers from the U.S. and China. However, the declines were restricted as unfavorable weather in the U.S., Russia, Canada and Brazil created a supply risk premium for the commodity sector. Wheat dropped despite extended winter weather in the U.S., Canada and Russia. The grain

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