SINGAPORE, Feb 13 (Reuters) - Gold strengthened on
Monday after Greece's parliament finally approved a deeply
unpopular austerity bill to secure a second EU/IMF bailout to
avoid national bankruptcy. 	
    	
    FUNDAMENTALS	
    * Spot gold added $3.70 an ounce to $1,723.09 an
ounce by 0029 GMT, having fallen to $1,703.69 on Friday, its
lowest since late January, as uncertainty over negotiations for
Greece's bailout package prompted investors to cash in.  	
    * U.S. gold for April delivery was steady at
$1,725.60 an ounce.  	
    * Cinemas, cafes, shops and banks were set ablaze in central
Athens and black-masked protesters fought riot police outside
parliament before lawmakers voted on an austerity bill that
demands deep cuts to pay, pension and jobs - the price of a 130
billion euro bailout needed to keep Greece afloat.
 	
    * Chinese Premier Wen Jiabao has said China will start to
fine-tune its economic policy in the first quarter, the official
Shanghai Securities News quoted him as saying on Monday, the
government's most explicit indication yet of a monetary easing.
  	
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    MARKET NEWS	
    * Asian shares and the euro gained modestly on Monday, along
with Japan's Nikkei share average, relieved by the Greek
parliament's passage of austerity measures.   	
    	
    DATA/EVENTS (GMT)	
    0700 - GERMANY WHOLESALE PRICES INDEX FOR JANUARY     	
    0815 - SWITZERLAND PRODUCER PRICES FOR JANUARY    	
    N/A  - WHITE HOUSE RELEASES BUDGET	
    2145 - NEW ZEALAND FOOD PRICE INDEX FOR JANUARY    	
         	

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