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US new home sales tumble unexpectedly
US new home sales fell 7.8% in January to an annualized 593 thousand units, compared to a 7.6% drop in December to 643 thousand, revised from a 9.3% decline, while analysts expected a 3.5% rise to 647 thousand units.
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Gold rises to one-week high as dollar trades flat
Gold futures rose in American trade to mid-February highs as the dollar index trades mostly flat, ahead of US housing data, and European Central Bank President Mario Draghi's testimony before the European Parliament.
MorePalladium rises to four-week high as dollar inches down
Palladium rose nearly one percent in American trade to January 30 highs as the dollar index dipped for the second session out of three from February 12 highs, ahead of US housing data, and European Central Bank President Mario Draghi's testimony before the European Parliament.
MoreOil hits three-week highs as dollar declines
Oil prices gained ground on Monday on track for the third daily profit in a row, hitting a three-week high as the dollar fell against a basket of currencies, and following remarks by Saudi Arabia's energy minister.
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