RBA commodity index gained 2% in January

Note: This section contains information in English only.
Source: Forexfactory
Preliminary estimation showed that RBA Index increased by 0.2% in SDR terms, following decline by 1.3% in the preceding month. The top contributors to the index appreciation were prices of oil and gold. Industry metals and agricultural commodities also stimulated rise of the index. However, the ongoing fall in the coal price limited the gains.
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Wed, 01 Feb 2012 12:40:05 GMT

Home prices in the US fall on soft demand

House price in the US fell much more that initially projected in November. US prices for single-family houses declined by 0.7%, confounding the forecast of 0.5% increase. House price leveled off at the level of 2003 on the oversupply and weak demand. Consumer confidence also decreased in January, following gains over two preceding months.

Wed, 01 Feb 2012 12:21:14 GMT

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