Tag: market

February 2, 2023

Adani Group’s market losses swelled to more than $100 billion on Thursday, sparking worries about their potential systemic impact, a day after its flagship company abandoned a $2.5 billion stock offering. The withdrawal of Adani Enterprises’ share sale marks a […]

February 1, 2023

The property market’s slowdown continued into 2023 as house prices fell for the fifth month in a row, according to Nationwide’s latest house price index. House price growth slowed to 1.1% in January from 2.8% in December. Prices fell 0.6% […]

January 20, 2023

U.S. existing-home sales fell last year to their lowest level since 2014, as surging mortgage rates made home purchases too expensive for many buyers. Sales of previously owned homes, which make up most of the housing market, slid 17.8% in […]

January 3, 2023

The Japanese Yen has continued to strengthen today with USD/JPY dipping below 130 for the first time since June last year. The Bank of Japan’s pivot on policy in December has led to speculation of further potential tightening in 2023. […]

November 30, 2022

U.S. markets are flat ahead of a highly anticipated speech by the chair of the Federal Reserve that may give clues about future interest rate hikes. On the last trading day of the month, futures for the Dow Jones industrials […]

November 29, 2022

European stocks are likely to open on a steady note Tuesday after China reported a drop in the number of daily infections for the first time in more than a week and the country’s regulator announced new measures to support […]

November 29, 2022

Global shares were mostly higher Tuesday as jitters over protests in China set off by growing public anger over COVID-19 restrictions subsided. Hong Kong’s benchmark surged 5.2% and most other markets in Europe and Asia advanced. U.S. futures edged higher. […]

November 28, 2022

Zoopla said that discounts had been absent from the market during 2021 and the first half of this year but the tougher economy was now taking a toll on activity. Falling demand and sales meant that current sellers were having […]

November 8, 2022

Election Day brought another rise for Wall Street, with stocks climbing Tuesday for a third straight day. The S&P 500 rose 21.31, or 0.6%, to 3,828.11, though it flipped between an even bigger gain and a modest loss to get […]

November 7, 2022

House prices have recorded their biggest monthly fall in October, with the average property value lower by 0.4% – the third month-on-month drop in the past four months and the biggest drop since February, according to the latest Halifax House […]

October 31, 2022

Saudi Arabia stocks were higher after the close on Monday, as gains in the Insurance, Media & Publishing and Industrial Investment sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share rose 0.30%. The best performers […]

October 17, 2022

New U.K. Chancellor Jeremy Hunt said Monday he is reversing nearly all the government’s proposed tax cuts and will pare back an energy price cap as he moves to undo Prime Minister Liz Truss’s debt-fuelled growth plan in an effort […]

October 11, 2022

Grocery inflation is running at 13.9% over the 12 weeks to 2 October – meaning that the average annual bill was £643 more expensive, Kantar Worldpanel data shows. It marked a sharp increase compared to a month ago when the […]

September 1, 2022

House price growth fell to 10% last month, down from 11% in July, but actually increased when taking account of seasonal effects. Meanwhile, house prices have risen by almost £50,000 in two years. “There are signs that the housing market […]

August 12, 2022

Honest Company (HNST) – Honest Company’s stock rose 1.6% in the premarket in spite of a wider-than-expected quarterly loss. The natural consumer products maker now sees a wider full-year loss than previously thought, due to cost pressures, but expects improvement […]

August 11, 2022

Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month. Thursday’s report from the Labor Department showed […]

August 11, 2022

Wall Street is rising again Thursday after another encouraging dose of data showed inflation cooled last month. The S&P 500 was up 0.6% following a report showing inflation at the wholesale level slowed more than economists expected. It bolstered hopes […]

August 9, 2022

The US Dollar continues to consolidate ahead of tomorrow’s CPI report. Last week saw a bounce in the US Dollar from a key spot of support, and that was pushed-along by a series of comments from Fed-speakers, all of which […]

August 9, 2022

Gold prices rallied more than 0.8% since the start of the week with XAU/USD trading at 1790 ahead of the US open on Tuesday. The advance takes price into technical downtrend resistance and we’re looking for a breakout of the […]

August 5, 2022

Global stock markets and Wall Street futures were mixed Friday ahead of an update on the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation. London, Paris and Frankfurt were lower […]