Rising rates, price slump deal double blow to Hong Kong homeowners

An aerial view shows the Choi Hung public housing estate and other residential buildings with Lion Rock peak in the background, in Hong Kong, China, 3 June 2021. Photo taken on June 3, 2021 with a drone. REUTERS/Joyce Zhou Sign up now for FREE unlimited access to Reuters.com Record HONG KONG, Sept 22 (Reuters) – … Read more

U.S. home sales drop for 7th straight month, house price growth cooling

Existing home sales fall 0.4% in August The average price of housing increases by 7.7% compared to the previous year Housing supply at 1.28 million, unchanged from a year ago WASHINGTON, Sept 21 (Reuters) – U.S. existing home sales fell for the seventh straight month in August as affordability deteriorated further amid rising mortgage rates … Read more

Some investors fear Fed will tighten rates too far as inflation bites

The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid/File photo Sign up now for FREE unlimited access to Reuters.com Record Sept 19 (Reuters) – Just a few months ago, investors worried that the Federal Reserve was not fighting inflation aggressively enough. After several giant rate hikes, … Read more

Wall St Week Ahead As markets churn, investors hide in cash despite surging inflation

A Wall Street sign is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York, U.S. December 28, 2016. REUTERS/Andrew Kelly Sign up now for FREE unlimited access to Reuters.com Record NEW YORK, Sept 16 (Reuters) – A tough year in the markets is prompting some investors to seek refuge in cash as … Read more

Turkish bank stocks’ rollercoaster ride leaves investors reeling

Morning sunlight breaks through residential homes stretching to the Istanbul skyline in Turkey June 13, 2018. REUTERS/Russell Boyce Sign up now for FREE unlimited access to Reuters.com Record ISTANBUL, Sept 16 (Reuters) – The dizzying volatility in Turkey’s bank shares has left investors reeling after a market rise this year, buoyed by the highest available … Read more

China’s property woes deepen in Aug as prices, sales and investment drop

Sign up now for FREE unlimited access to Reuters.com Record New home prices fall at fastest pace in month since November 2021 New home prices fall at fastest year-on-year pace since August 2015 Property sales fall for the 13th month in a row BEIJING, Sept 16 (Reuters) – Problems in China’s property market worsened in … Read more

European stocks fend of rate risks, yen droops again

European stocks rebound after two days of falls Fed looms over broader markets; risk of 100bp increase next week China real estate stocks buoyed by hopes of official help The risk of intervention keeps the dollar below the barrier of 145 yen LONDON, Sept 15 (Reuters) – Stock markets were sluggish and the dollar and … Read more

Analysis: European governments defy market volatility with green bond bonanza

Wind turbines of the Mozura wind farm are seen in Ulcinj, Montenegro, June 18, 2020. REUTERS/Stevo Vasiljevic/File Photo Sign up now for FREE unlimited access to Reuters.com Record Sept 15 (Reuters) – Euro zone governments have raised 15 billion euros ($15 billion) of green bonds in the past two weeks, lifting volumes above a year … Read more

Analysis: ‘More damage to be done’ as sizzling inflation seen lifting Treasury yields

Plastic letters arranged to read “Inflation” are placed on a US dollar bill in this illustration taken June 12, 2022. REUTERS/Dado Ruvic/Illustration Sign up now for FREE unlimited access to Reuters.com Record NEW YORK, Sept 14 (Reuters) – Expectations of a more aggressive Federal Reserve are prompting some investors to review how much higher bond … Read more

Morning Bid: Terminal diagnosis? | Reuters

A trader stands below a trading floor screen showing the Dow Jones Industrial Average on the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., 13 September 2022. REUTERS/Andrew Kelly Sign up now for FREE unlimited access to Reuters.com Record A look at the day ahead in the US and world markets from … Read more