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Fall in euro zone Nov business activity adds to recession expectations -PMI

The downturn in euro zone business activity eased last month but still indicates the blocs economy will contract again this quarter as the dominant services industry continues to struggle to generate... -December 05, 2023 at 04:00 am EST - MarketScreener
City Of United Kingdom Susan Fenton Hamburg Commercial Bank Composite Purchasing Manager Index Cyrus De La Rubia

Short supply of homes to push global property prices higher at slower pace: Reuters poll

Global property prices in most major markets will rise over the next two years, albeit at a slightly slower pace than predicted three months ago as strong demand and tight supply overshadow higher interest rates, a Reuters poll found. Home prices across the developed world have defied analysts' expectations, as they predicted at the start of the year prices would register double-digit falls from COVID-19-era peaks. While price rises are expected to continue into next year and 2025, higher...
New Zealand United Kingdom United Arab Emirates Liam Bailey Knight Frank Vijayalakshmi Srinivasan
Source: yahoo.com

RBA to hold rates on Dec. 5, Aussie home prices to rise 5% in 2024: Reuters poll

The Reserve Bank of Australia will keep its key interest rate unchanged at 4.35% on Tuesday and a rate cut is now not expected to happen until the fourth quarter of next year due to a strong housing market, according to a Reuters poll. Even with rates at a 12-year high, Australian home prices have recovered all of their 2022 losses since finding a floor in January. The interest rate poll, conducted Nov. 29-Dec. 1, showed 28 of 30 economists, including those at Australia's big four banks, ...
South Australia New South Wales Western Australia Devayani Sathyan Ben Picton Ross Finley
Source: yahoo.com

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