UK home prices advanced in March

Note: This section contains information in English only.
Source: Bloomberg
UK home prices soared last month first time in almost two years as purchasers rushed to take an advantage of expiring property tax exemption. The average value of a housing in Whales and England climbed 0.2% compared to February. On March 24 expired the property tax exemption for first home purchasers who buy a house or an apartment for less than GBP 250 000.
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Mon, 02 Apr 2012 09:46:06 GMT

Base metals were mixed on Friday ahead of China's PMI data

Industry metals were mixed on Friday with soaring nickel and copper and falling zinc and aluminium. Weaker US Dollar and firm European and US equities lent some support to the base metals pack. However, softer than expected German retail sales and Chicago PMI data limited the upswing. Traders also were cautious ahead of China's PMI data release that was due

Mon, 02 Apr 2012 11:25:08 GMT

Euro Zone officials to look for global help

17-country FMs voted in favour of a firewall package adding EUR 500 billion (USD 667 billion) fresh rescue cash to EUR 300 billion already provided to bailout programs. The overall firewall size now totals USD 1 trillion plus about EUR 1 trillion ECB aid to the region's lenders. Europe has met the requirements and now awaits talks with IMF on

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