US pending home sales rally in March

Note: This section contains information in English only.
Source: Bloomberg
The number of signed contracts to purchase US homes surged more than expected in March as cheap borrowing costs attracted buyers. The index measuring pending home deals jumped 4.1% to 101.4, reaching the highest reading since April 2010, National Association of Realtors said on Thursday. Experts questioned by Bloomberg predicted only a 1% gain. U.S. stocks advanced on the news. 
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Fri, 27 Apr 2012 09:46:15 GMT

South Korean current account surplus increased in March

South Korea's current account excess broadened in March, reaching a four-month record high as its shipments of electronics, oil products and cars advanced despite weaker demand from Europe. The current account surplus increased from revised USD 557 million in February to USD 3.0 billion in March, Bank of Korea said on Friday. South Korean Won appreciated 0.4% versus greenback.

Fri, 27 Apr 2012 09:37:46 GMT

US shares climb on earnings and housing data

US stock indices prolonged their gains on Thursday, supported by better than expected earnings and almost four fold increase in pending home sales. S&P 500 index gained 0.67% or 9.29 points and finished at 1,399.98, Dow Jones Industrial Average surged 0.87% or 113.90 points to 13,204.62 and Nasdaq Composite climbed 0.69% or 20.98 points, reaching 3,050.61.

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