Business
US homebuilder sentiment dips to five-month low on affordability
Mortgage rates are near the lowest in more than a year, but still double the level that prevailed throughout much of 2021 HOMEBUILDERS’…
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US-China friction sends Asian currencies to five-month low
The risk-off sentiment has extended beyond currency markets, with regional stocks also slumping Asian currencies slipped to the weakest…
Business
Eurozone inflation at five-month high will keep ECB on hold
Eurozone inflation probably jumped to a five-month high in September, a reading that may reinforce policymakers’ resolve to avoid cutting…
Business
Europe: Shares close at five-month highs after Powell hints at September rate cut
European shares closed at their highest level in more than five months on Friday (Aug 22) after US Federal Reserve chair Jerome Powell…
Business
Europe: Stocks close at five-month highs as investors monitor progress on Ukraine
European shares closed at their highest level in more than five months on Tuesday (Aug 19) as investors assessed the chances of an end of…