UK House Prices Drop 11%

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🇬🇧 🇬🇧 UK house prices have plunged by 11% in real terms in just over a year, revealing the true extent of the downturn in the property market, calculations by Bloomberg Economics show
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Invesco Chief Sees 10% China Market Rebound

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🇨🇳 🇨🇳 BREAKING: The MSCI China Index may jump by more than 10% in 2024, underpinned by signs of a domestic economic recovery and more policy support, said Invesco Ltd.’s chief investment officer for Hong Kong and China
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UK’s Hunt Gifted £11B For Tax Cuts

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🇬🇧 🇬🇧 UK Chancellor Jeremy Hunt has been gifted an extra £11 billion ($14 billion) of headroom for pre-election tax cuts in the March budget thanks to a sharp fall in market interest-rate expectations over the past few weeks
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Singapore Takes Action On Vaping

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🇸🇬 🇸🇬 Singapore is tightening enforcement efforts against travelers arriving in the Asian nation with electronic vaporizers, part of a global crackdown on the use of e-cigarettes
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El-Erian: Fed Has A Communication Problem

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🇺🇸 🇺🇸 El-Erian: “The whole point of Fed communication is to do two things: One is to be transparent, and two is to enhance the power of forward policy guidance. Instead, Fed communication confuses people. I think we have a real problem”
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S&P Raises Brazil’s Rating

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🇧🇷 🇧🇷 S&P, which cut the nation’s score to junk back in 2015, raised Brazil’s sovereign rating by one notch to BB, two levels below investment grade. It had revised its outlook to positive in June, the first of the major three firms to improve its views on the credit profile of Latin America’s largest economy. Fitch Ratings upgraded Brazil to BB in July, in line with the nation’s Ba2 ratings at Moody’s Investors Service
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UK To Fund Two-Way Charging Technology

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🇬🇧 🇬🇧 The UK government awarded £4.8 million ($6.1 million) to four UK projects working on so-called vehicle-to-everything systems. The technology enables consumers to charge cars when electricity costs are low and then use the energy to run appliances at home when prices are higher
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Japan Stocks: Correction Due

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🇯🇵 🇯🇵 Nomura Holdings Inc. chief strategist Naka Matsuzawa expects Japan’s equities to drop around 5% over the next six months, while analysts at JPMorgan Chase & Co. and Saxo Markets see stock gains slowing to around 5% to 10% next year, after a more than 20% jump in benchmark indexes in 2023
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This Stock Has Climbed 400%

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🇺🇸 🇺🇸 This stock has climbed more than 400% this year and has more upside as its services have started to be in demand once again after a two-year hiatus
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Germany To Cut Debt Sales

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🇩🇪 🇩🇪 The German federal govt is set to trim federal debt sales next year following the German top court’s ‘debt brake’ ruling
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