WELLINGTON, Dec 16 (Reuters) – New Zealand home prices increased in November as underlying demand remained stable, the Real Estate Institute of New Zealand (REINZ) said on Tuesday. Seasonally adjusted median house prices in November edged 1.2% higher from October and were up 2.3% on the previous year, REINZ data showed. National home sales, however, …
New Zealand house prices rise in November as demand stable Read More »
By Promit Mukherjee OTTAWA, Dec 15 (Reuters) – Canada’s annual inflation rate was 2.2% in November, unchanged from the previous month, and driven primarily by food prices rising at their fastest pace in more than two years, Statistics Canada said on Monday. A year-on-year drop in the costs of gasoline and shelter partially offset the …
Canada’s annual inflation in November holds at 2.2% Read More »
Dec 15 (Reuters) – Wall Street’s main indexes opened higher on Monday, rebounding from a tech-driven rout last week, while investors braced for a barrage of economic data that could set the course for interest rates. The Dow Jones Industrial Average rose 136.3 points, or 0.28%, at the open to 48,594.36. The S&P 500 rose …
Wall St opens higher as investors gear up for data-packed week Read More »
Dec 15 (Reuters) – Canadian factory sales fell by 1.0% in October from September on lower sales in both the chemical and wood products subsectors, Statistics Canada said on Monday. Excluding motor vehicles and parts, manufacturing sales were down 1.1%. Month/month change (%) Oct Sep(rev) Sep(prev) Sales -1.0 +3.6 +3.3 Sales ex-autos -1.1 +3.0 +2.7 …
Canada October factory sales down 1.0% on chemicals, wood Read More »
TORONTO, Dec 15 (Reuters) – Canadian housing starts rose 9.4% in November from the previous month, data from the national housing agency showed on Monday. The seasonally adjusted annualized rate of housing starts climbed to 254,058 units from a revised 232,245 units in October, the Canada Mortgage and Housing Corporation (CMHC) said. Economists had expected …
Canadian housing starts increase 9.4% in November Read More »
ATHENS, Dec 15 (Reuters) – Greece earlier on Monday paid off ahead of schedule debt worth 5.3 billion euros ($6.22 billion) that had been due after 2031, two government officials said. Monday’s payment would allow Greece to save 1.6 billion euros in interest payments until 2041 and lower its debt to below 120% of its …
Greece pays off debt worth 5.3 billion euros ahead of schedule Read More »
BRASILIA, Dec 15 (Reuters) – Brazil’s economy started the fourth quarter on a weaker footing, central bank data showed on Monday, as analysts closely monitor activity indicators to calibrate their bets on when a monetary easing cycle might start. The IBC-Br economic activity index, a proxy for gross domestic product (GDP), fell 0.2% in October …
Brazil’s economic activity starts Q4 on weaker footing Read More »
Dec 15 (Reuters) – European Union leaders meet for one last push to secure a deal and fund Ukraine with frozen Russian cash, while the United States releases overdue labour market and retail sales data. Meanwhile, central banks in the euro zone, Japan, Britain, Norway, and Sweden hold their last get-together of the year. Here’s …
By William Schomberg LONDON, Dec 15 (Reuters) – The Bank of England looks set for a knife-edge vote on interest rates this week with Governor Andrew Bailey expected to change his view and tip the balance for a cut. Barring a major surprise in economic data ahead of Thursday’s announcement, the BoE’s policymakers will vote …
Bank of England heads for close vote on likely rate cut Read More »
BEIJING, Dec 15 (Reuters) – Property investment in China fell 15.9% year-on-year in the first 11 months, widening from the 14.7% drop in the January-to-October period, official data showed on Monday. Property sales by floor area declined 7.8% year-on-year, after falling 6.8% in the first 10 months. New construction starts measured by floor area dropped …
China’s property investment falls 15.9% y/y in January-November Read More »
