Experience the latest bond market update. The ongoing conflict in Israel has driven investors towards safer assets, resulting in the best day for bond markets in months. During this rally, the yield on benchmark 10-year US Treasuries plummeted by 18 basis points to 4.62%, marking the most substantial drop since March. Additionally, the yield on …
In the wake of deadly attacks by Hamas from the Gaza Strip, oil prices have experienced a rapid surge. This military conflict in the Middle East has caused Brent crude, the international benchmark, to increase by over $3 a barrel, representing more than a 3.6% rise. While Israel has declared war and suffered over 700 …
A study has claimed that Sainsbury’s is now more expensive than Waitrose for a big shop. The study compared the prices of a trolley of 131 items at Asda, Morrisons, Ocado, Sainsbury’s, Tesco, and Waitrose. It found that in September, Sainsbury’s was almost £4 more expensive than Waitrose. This is the first time Sainsbury’s has …
Thank you for joining me. The Halifax house price index reports that average annual house prices have experienced a continuous decline for five consecutive months. In the year leading up to September, the average cost of a property has dropped by 4.7%, resulting in a typical home being valued at £278,601. 5 things to kickstart …
Barclays analysts have cautioned that the surge in bond yields, which is driving up government borrowing costs, is unlikely to subside until there is a significant downturn in stock markets. The recent bond sell-off has pushed UK 30-year gilt yields to their highest level since 1998, causing stocks to struggle due to rising yields in …
Thanks for joining me. The Asian stock markets are facing chaos due to an accelerating sell-off in US government bonds. Equities in Japan, South Korea, Hong Kong, Taiwan, Sydney, and more have all experienced a sharp downturn. In Asian trading, US Treasuries continued to decline, causing yields on the 10- and 30-year notes to approach …
Thank you for joining us. The housing market continues to face challenges as house prices have declined for the eighth consecutive month. This decline is due to buyers facing higher borrowing costs. In September, property values dropped by 5.3%, which is the same rate of decline as the previous month, according to Nationwide. Start Your …
The Rise of Cannabis Farms in Former Commercial Premises The recent discovery of a cannabis farm inside an old Marks and Spencer store, along with similar raids in various locations, highlights a growing trend. Criminals are taking advantage of the closure of shops on high streets across the country, caused by the Coronavirus pandemic and …
Thanks for joining me. China’s ambition to become the world’s largest economy is facing challenges due to the consequences of zero-Covid policies. A recent study by Bloomberg Economics suggests that China’s gross domestic product (GDP) will not surpass that of the US until the mid-2040s. Even then, it may only lead by a small margin …
Incredible Discounts on House Prices Lure Buyers Back to the Market Discover the largest discounts on house prices in the past four years, enticing buyers to enter the property market. On average, homes are being sold for 4.2% (£12,125) below their asking prices, according to Zoopla, a leading property website. In September, discounts reached their …