The key feature of the U.K. July RICS housing survey was the glaring contrast between the strength of new buyer enquiries and the weakness of new vendor instructions (a difference between them is taken as a measure of ex…
The key feature of the U.K. July RICS housing survey was the glaring contrast between the strength of new buyer enquiries and the weakness of new vendor instructions (a difference between them is taken as a measure of excess demand for housing). This was the case across virtually all regions of the UK. The consequence of this was a steady upturn in the RICS price series.
"These features is expected to continue in the August survey. It is notable, however, that the widely-watched Halifax and Nationwide house price series have yet to show the upturn displayed by the RICS price series", said Societe Generale in a research note to its client.
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…