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InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

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Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

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InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

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2020.04.0805:28:00UTC+00Australia Housing Loans Fall Unexpectedly In February

Australia's housing loans declined in February, data from the Australian Bureau of Statistics showed Wednesday.

The value of new loan commitments for housing fell 1.7 percent in February, confounding expectations for an increase of 2 percent.

New loan commitments for both owner occupier housing and investor housing were down 1.7 percent and 1.9 percent respectively.

The statistical office said there was no notable impact of the coronavirus, or COVID-19 on new lending commitments for February.

The reference period fell at a point where there was only a relatively low number of confirmed COVID-19 cases within Australia and before it was declared a global pandemic.

Another report from ABS showed that building approvals decreased 5.8 percent in February from the previous year.

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