Will the UK and US Cope with Inflation?
Every week we expect many interesting events that can shake the market.
China's month-on-month home price surge is still sturdy in May
In May, prices in China's sizzling property market kept growing, thus demonstrating resilient demand notwithstanding the imposition of tougher official measures to tame ascending prices.
Sturdy price revenues actually highlight the challenge the Chinese government faces in taming an overheating market without affecting the national economy, where real estate appears to be a key driver of surge.
In May, average new home prices in China's 70 key cities inched up 0.7% from last month, which is in line with April, as Reuters calculated from an official poll on Monday.
Compared with last year, new home prices tacked on 10.4% in May, decreasing from a 10.7% revenue in April, according to National Bureau of Statistics data.
In May, in the country’s biggest cities, including Shanghai and Beijing stopped soaring on a monthly basis, while prices went down in Shenzhen, the fastest pace for three months.
Similar
What to Trade on August 22–26?
How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3 Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…
What Will Fluctuate the Market on August 15–19?
A new week means new trading opportunities! Here are some events that can fluctuate the market actively…
Latest news
Assets Won’t Survive This Week
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Post-Fed Releases for USD & CAD Traders
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
FED and BOE Make Another Attempt to Beat Inflation
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.
