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19 March
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Economists say house prices in Great Britain are about to fall 10% or more next year
Due to increasing interest rates and deepening recession, the British property market is experiencing more and more stress. This sphere, which used to be prosperous during the pandemic, might face price decrease by 10% over the next year.
21 December 2022
U.S. business equipment loans up 9% in November
According to the Equipment Leasing and Finance Association (ELFA), in November, American firms raised 9% more loans for equipment investments compared to the same period last year.
21 December 2022
U.S. natural gas dropped 9% due to milder weather in January
U.S. natural gas futures fell about 9% to a seven-week low on Tuesday. This drop occurred amid forecasts about warming in late December and early January. It’s noteworthy that the drop in prices came despite increased demand for heating due to an expected cold snap by next week.
21 December 2022
Canadian retail sales rose 1.4% in October, but may have fallen 0.5% in November
It is noted that retail sales in Canada for October increased by 1.4% compared to September. The figure is lower than analysts' forecasts, which is an increase of 1.5%. However, it is the largest growth in the last 5 months. According to estimated data, November sales may have fallen by 0.5%.
21 December 2022
Overall inflation in Mexico could rise and core inflation could slow
On Thursday, inflation data for the first half of December from the Statistical Institute of Mexico is expected to be released.
21 December 2022
The new Cleveland Fed housing data shows lower inflation
New data from the Federal Reserve Bank of Cleveland, regarding housing inflation, shows that one of the key drivers of rising prices may be less of a problem in the future.
21 December 2022
Goldman Sachs: Bank of Japan to remove its negative rate next
The Bank of Japan's next move could be a reversal in its negative rate (-0.1%), as Goldman Sachs Group Inc. said. This step can be taken due to an unexpected widening of the government bond yield band (JGB).
21 December 2022
Bank of Japan’s unexpected move to help soften a rising energy crisis
The Bank of Japan’s (BOJ’s) unexpected move will help to soften the country’s rising energy crisis by reducing spending on foreign fuel. The central bank’s actions caused a one-day surge in the yen.
21 December 2022
Small business confidence in China continues its decline despite reopening
According to information provided by Standard Chartered Plc, economic activity of small business in China continued decreasing in December. A rise of COVID cases during reopening has worsened prospects for the country’s companies.
21 December 2022
New home building in the U.S. continues to fall
In November, home building declined again. Buyers faced a sharp increase in mortgage rates to 7%. In this regard, homes became unaffordable. During the month, mortgage rates declined slightly, but are still double last year's rates, which significantly affects the purchase of new homes.
21 December 2022
