Aussie, Kiwi decline amid new home sales data

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Source: Bloomberg
The Aussie continued a four-day decline versus the Yen as private data posted the South Pacific nation's new house sales tumbled for the first time in four months. On Tuesday, the Aussie was at $1.0365, after touching $1.0345, the least since July 26. It dropped 0.3% to 81.29 Yen. The Kiwi slid 0.1% to 80.76 U.S. cents and 0.4% to 63.45 Yen. The MSCI Asia Pacific Index slipped 0.5%.
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Tue, 28 Aug 2012 13:35:06 GMT

Gold advances in London on demand for wealth-protection

Gold rose after a two-day fall in London amid belief the Euro-debt crisis and additional BoE stimulus will fuel demand for wealth-protection. On Tuesday, bullion for immediate delivery gained 0.1% to $1,664.95 per ounce in London. Futures for December delivery traded 0.5% down at $1.667.20 in New York. Silver added 0.4%, while platinum lost 1.2% and palladium slid 1.1%.

Tue, 28 Aug 2012 12:57:07 GMT

Pound falls amid lower property prices

The Pound depreciated versus the Euro for the first time in three days on belief declining real estate prices will drive the U.K. economy deeper into the crisis, adding signs the BoE will purchase more assets to boost growth. The Pound fell 0.4% to 74.96 pence per Euro, after reaching 79.55 pence, the least since Aug. 7. The Sterling dropped

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