Sales of new US homes rise less than expected

Note: This section contains information in English only.
Source: Marketwatch

Sales of new US homes edged up 1.3% in the previous month to an annual rate of 307,000, according to the government report. Experts expected sales to reach an annual rate of 320,000 on a seasonally adjusted basis. The sales gained 8.9% as compared to the previous year but the market remains in the worst condition in modern times.

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Mon, 28 Nov 2011 16:47:49 GMT

EUR/JPY achieved 9-day high

The Euro experienced gains against the yen hitting 9-day high as hopes for combating with the crisis in the Eurozone increased demand for the Euro. EUR/JPY achieved 104.23 at the European afternoon trading, the pair consolidated at 104.37 with euro gaining 1.42%.

Mon, 28 Nov 2011 16:46:38 GMT

Energy stocks increase

Energy stocks have followed the trend of mainly growing stock prices on more optimistic outlook on the Eurozone developments. The NYSe Arca Oil Index increased by 3.7%, the NYSe Arca Natural Gas Index gained 3.5%. Top performers among energy companies were Alpha Natural Resources Inc. gaining 8% and Peabody Energy Corp. adding 5.6%.

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