Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Housing prices in the United Kingdom rose during the month of October, although revealing the second-weakest performance out of the nine areas surveyed and London remaining the country’s worst performing region.
Asking prices in the capital have risen 2.5 percent in the past year, data released by property website operator Rightmove showed Monday. On a yearly basis, house prices jumped 4.2 percent, up from 4.0 percent in the previous month.
On a monthly basis, asking prices in London rose 2.4 percent in October, while prices nationally increased 0.9 percent, compared to the 0.7 percent increase in September, the data showed.
Further, the number of sales agreed jumped 6.0 percent on-year. By region, total available stock in the south jumped an annual 16 percent, while stock in the north dropped 11.0 percent.
The average price of a house in the capital city of London is GBP645,833 or USD787,000, which is nearly double the national average, forcing home-buyers to search for options outside London to buy residential properties.
"London used to be the country’s jewel in the crown as far as an increase in property prices was concerned and it will come back again," Bloomberg reported, citing Miles Shipside, Analyst, Housing-Market sector.
