Scoreboard: Confidence booster

Positive data from the US and Europe revived markets, while improved metals prices boosted miners.

In US economic data, new home sales surged by a surprising 18 per cent in August to a seasonally adjusted rate of 504,000 units -- the highest level in six years. Despite the rise in sales the stock of new houses lifted to a four-year high. At August's sales pace it would take 4.8 months to clear the supply of houses on the market.


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