The rate of UK house price inflation has been steadily falling from its peak of over 10% yoy in mid-2014 and now stands at roughly half that level. The RICS housing survey for March should corroborate that continuing wea…
The rate of UK house price inflation has been steadily falling from its peak of over 10% yoy in mid-2014 and now stands at roughly half that level.
The RICS housing survey for March should corroborate that continuing weakness with both the price and price expectations series remaining close to the February levels or even dropping a little.
In the chart the relationship between a measure of excess demand (RICS new buyer enquiries minus new vendor instructions) and the RICS price index lagged 10 months. This strongly points to a further fall in the price index in the coming months.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…