Sentiment of Australian consumers peaked in March

Note: This section contains information in English only.
Source: RTTNews
A survey by Westpac and Melbourne Institute revealed on Wednesday that consumer sentiment among Australians inched up by 2% this month, reaching a level of 110.5, compared to a figure of 108.3 in the preceding month. The March's level is the highest since December 2010 and is considered to be a result of interest rate cuts.
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Wed, 13 Mar 2013 14:58:03 GMT

Hong Kong shares down for a third day

Hong Kong equities retreated for a third consecutive day as Chinese developers and lenders slumped. The Hang Seng Index tumbled 1.5% to close at 22,556.65. All sectors in the gauge declined with basic materials posting the biggest losses on Hang Seng. Li & Fung Ltd was the only company posting gains, as its shares jumped 0.2% to HK$10.96 to cap

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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