Rate cut expected this week - LNU News
WEBSep 17, 2024 · Currently, the Fed Funds benchmark rate is in a fluctuation band of the 5.25-5.50%. The market appears to be trending higher: Fed Watch futures at the CME are giving a 59% chance of a 50 point cut from 30% a week ago, while only 41% are in favor of a reduction of 25 points, down from 70% a week ago. In any case, the economists agree in ...
good week for the real estate sector - LNU News
WEBAug 24, 2024 · The real estate sector had a very good week at European level, where the index Stoxx 600 Real Estate reported a +3.3% on a weekly basis, bringing the performance since the beginning of the year to approximately +2%. A better performance was achieved by Italy, where FTSE Italia All Share Real Estate Index …
LNU News - Breaking News Today
WEBThe September 17, 2024starting from 3:45 PM local time of the capital of Lebanon Beirut (4.45pm Italian time), the secret ...
Real Estate Rises on Central Bank Moves - LNU News
WEB3 days ago · US Real Estate Confidence Improving summarized by the NAHB index which breaks a streak of four consecutive monthly declines. Existing Home Sales in the United States recorded a decrease of 2.5%, according to the National Association of Realtors (NAR), after the +1.5% reported in July. 3.86 million homes were sold …
Markets Predict Bigger Rate Cuts: Are They Right? - LNU News
WEBAug 21, 2024 · This is good news. for inflation. THE Markets predict 50 basis point cuts and by the end of the year and another 100 basis points in 2025. 5-year swap rates are now below 4% and mortgage rates for the best credits have adjusted. I think we will reach 50 basis points by the end of the year, but that markets are too optimistic for 2025.
Real estate sector positive on rate outlook - LNU News
WEBAug 17, 2024 · Among the listed real estate companies Piazza Affari and components of the sector index, s a positive week was recorded for Gabetti (+2.04%), followed by IGD and Abitare In both up by more than two percentage points. The worst performances, however, were those of Risanamento (-9.01%). Brioschi (-3.5%) and Dotstay ( …
OPEC cuts growth forecast. China weighs - LNU News
WEBChina weighs. August 13, 2024. Downward revision The Organization of the Petroleum Exporting Countries (OPEC) has raised its forecast for global oil demand growth in 2024 by 135 tb/d from the previous month’s assessment, now standing at a “healthy” 2.1 million barrels per day (mb/d), well above the historical average of 1.4 mb/d recorded ...
Fed, waiting for Jackson Hole and Powell’s words on rates
WEBAug 18, 2024 · Federal Reserve Chairman Jerome Powell will discuss the economic outlook at 10 a.m. Eastern Time (4 p.m. CET) on August 23rd continuing a precedent of the Fed chief giving a keynote speech at the three-day conference. Powell will use his Jackson Hole speech to prepare the ground for an interest rate cut …
recover losses after positive macro data - LNU News
WEBAug 16, 2024 · recover losses after positive macro data. August 16, 2024. Positive week for global stock markets with Piazza Affari recording a +2.20% on the FTSE MIB on Friday (outperforming the other European lists due to the recovery of the August 15th holiday closure) and a +4% on a weekly basis. In an eighth …
About us - LNU News
WEBWelcome to LNU News, your frontline source for objective and insightful reporting.We’re not just a media outlet; we’re a dedicated team of truth-seekers and narrative-weavers, committed to bringing stories that matter into the spotlight.