China’s housing minister - Confident of stable/health property market development

China’s housing minister Chen Zhenggao was on the wires last minutes via MNI, commenting on the country’s home prices.

Key Quotes:

House inventory still high

Confident of stable/health property mkt develop

China to stabilize home prices in tier 1,2, cities

Mar 15, 2016

AUD/USD Sellers in control post-RBA minutes, below 0.7500

The AUD/USD pair extends losses for the second straight session this Tuesday, moving further away from eight month tops reached the day earlier, after the RBA minutes was read a tad more dovish than expected.

Gold sits near 2-week lows around $ 1230, Fed in focus

Gold futures on Comex extend the sell-off for the third consecutive day this Tuesday, and hovers near the lowest levels since March 2, as all eyes remain on the upcoming central banks’’ events globally.