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Markets
Housing affordability hits a 39-year low. ‘It’s fair to expect prices to weaken,’ expert says.
It’s an unwelcome blast from the past — home buyers are facing the most unaffordable housing market since the 1980s, according to a new report. With mortgage…
Short sell bans: Korea’s blunt market tool has a political aim
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.It took just one day for the euphoria to wear off. News…
Fed’s Goolsbee: Still a lot of data to parse before next meeting
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"As long as we are making progress on inflation, the topic…
Fed likely to cut rates below 3%, making bonds attractive now, Guggenheim says
Guggenheim Investments thinks investors should look past the carnage in bonds and gear up for the Federal Reserve to pivot to rate cuts. While the…
USD slide/CAD rebound can extend – Scotiabank
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The CAD had a solid week last week, rising over 1% against…
OPEC+ expects global economy to weather challenges
© Reuters. OPEC logo is seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File photo
By Ahmad Ghaddar, Natalie Grover and Robert Harvey LONDON…
Upside risks for inflation to limit the downside potential in USD – Commerzbank
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After the Dollar was sold off last week it was able to…
Tripadvisor stock surges as travel booker tops forecasts, and other stocks on the move
Here are some of the day’s biggest movers: Stock gainers: Shares of Tripadvisor Inc.
TRIP,
+2.29%
jumped 11% after the online travel…
USD likely to strengthen further, notably against EUR and GBP – HSBC
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Economists at HSBC still expect a stronger USD ahead.
USD…