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From Australia, yesterday, only, house price index figures were released.The price index for residential properties for the weighted average of the eight capital cities rose 0.2% in the December quarter 2015. Analysts were anticipating increase by 0.1%. The index rose 8.7% through the year to the December quarter 2015. The total value of residential dwellings in Australia was $5,885,967.2m at the end of December quarter 2015, rising $31,557.1m over the quarter. The mean price of residential dwellings rose $800 to $612,100 and the number of residential dwellings rose by 38,700 to 9,615,800 in the December quarter 2015.

Aussie was supported by gold prices. April Comex Gold rallied more than 1 percent on Tuesday as investors sought protection from a possible break in risky investments due to the terrorist attacks in Brussels. Gold had weakened the previous three sessions, driven lower by concerns over the direction of U.S. interest rates.

 

There will be no data releases from Australia tomorrow. In the US session New home Sales figures will be published. Analysts forecast annual rate of 512,000.

 

Figures to watch:

 

New Home Sales (Wednesday 16:00)