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Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Reserve Bank of Australia |
Board decided to leave the cash rate unchanged at 0.75 per cent.
FEDERAL RESERVE SYSTEM |
FED decided to lower the target range for the federal funds rate to 1-1/2 to 1-3/4 percent
Bank of Canada |
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.
WORLD PROPERTY JOURNAL |
Single-family homes and condos sold for a median price of $270,000 in the third quarter, up 2.9 percent from the previous quarter and up 8.3 percent from a year ago -- reaching a new high.
European Central Bank |
The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively.
Bloomberg |
Going forward, scale will likely matter even more as banks head into an arms race on technology
WORLD PROPERTY JOURNAL |
National average residential rent in the U.S. decreased for the first time since February 2017, dipping by -0.1% ($1) from last month to $1,471.
Reuters |
Demand for newly built houses in England has fallen to a six-year low as home buyers await more certainty over Brexit before going ahead with a major purchase, according to an annual survey of small construction companies.
CNN |
Bubble currently exists in the southern German city of Munich, Amsterdam is not far behind, while Paris and Frankfurt. Hong Kong, and Canada's Toronto and Vancouver, are also in bubble territory
Reserve Bank of Australia |
Reserve Bank of Australia Board decided to lower the cash rate by 25 basis points to 0.75 per cent.