Australia' home loans advance 1.4% in December

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Source: Forexpros
Australian home loans increased more than expected in December, according to official data. The number of home loans added 1.4% seasonally adjusted in December from 0.7% in November, reported Australian Bureau of Statistics. Experts predicted home loans to gain 1.0% in December.
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Mon, 16 Jan 2012 07:57:31 GMT

Greek debt reduction plan enters critical stage

Greek officials and country's creditors return to talks this week to continue impeded discussions on debt reduction as Germany is increasing pressure to close the deal. Both sides disrupted talks on January 13 as they struggled to agree on the maturity and coupon size of the new notes which should determine investor losses. Uncertainty related to the outcome of talks

Mon, 16 Jan 2012 07:57:09 GMT

Gold futures advanced during Asian trade

Gold futures gained during the Asian trading session following the news about Standard & Poor's downgrade of the Euro Zone countries. Gold's February contract traded at $1,640.40 an ounce during the Asian trade as compared to Friday's close of $1,630.80, on the New York Mercantile.

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