Economic News Category

Central Bank Extravaganza Persists as SNB and BOE Take Center Stage Later Today Yesterday, after the Federal Open Market Committee (FOMC) meeting, it became clear that the Federal Reserve (Fed) might lower interest rates in June. The Fed’s projections, called dot plots, showed they might reduce rates by 75 basis points this year. Fed Chairman

Bank of Japan’s Interest Rate Shift Brings Optimism to China The recent move by the Bank of Japan (BOJ) to end its 23-year-long quantitative easing (QE) policy and the world’s last negative interest rate regime marks a significant shift in global economic dynamics. On March 19, BOJ Governor Kazuo Ueda announced the end of Tokyo’s

China’s Bond Market Flourishes Amid Global ‘Asset Famine’ for Investors In an unprecedented trend, Chinese sovereign debt is experiencing a record-breaking surge, indicating a mix of low confidence in the country’s financial system and an excess of liquidity in the form of cash and bank deposits. The longer end of China’s bond market has seen

Rightmove Reports Largest Increase in Property Listing Prices in 10 Months for March In March, average property asking prices in the UK experienced a 1.5% increase, reaching £368,118, as reported by Rightmove. This latest data, focusing on newly-listed homes, indicates a £13,000 rise since December. However, the average asking price remains £4,776 below the peak

UK Housing Market Gains Momentum in February, RICS Survey Reveals In February, the UK housing market experienced an uptick, as indicated by a recent industry survey. This development comes amidst speculations regarding the trajectory of the Bank of England’s interest rates, which could potentially influence future demand. The survey conducted by the Royal Institution of