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In London, property owners increased their asking home prices by 3.4% in February, according to the Rightmove real estate website. The average cost of a house in the British capital thus rose to 614,182 pounds, although it still remained 2.1% lower than the cost of 2018. As the website's director, Miles Shipside, notes, property buyers continue to think that it might be worth waiting for a more stable situation after Brexit. According to him, new houses will be mainly in demand in spring. According to Righnmove, for the period from January 13 to February 9, average housing prices in the UK increased by 0.7% in monthly terms and by 0.2% in annual terms.
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
Gold prices traded lower in Asia on Friday morning amid hopes for COVID-19 vaccines from the U.S. and U.K. bolstered investor appetite. Sentiment was further boosted with the European Central Bank (ECB) signaling that it may leave interest ...
Gold prices fell earlier on Tuesday in Asia as the Dollar strengthened, pulling traction away from the yellow metal. Gold futures fell by 0.85% to $1,798.65 per ounce at 1:12 AM ET (6:12 AM GMT), still remaining above the $1,800 level. Losses ...
Gold prices rose earlier on Monday in Asia, remaining above the $1,800 as the COVID-19 pandemic continues to worsen around the world. Gold futures slipped by 0.29%, trading at $1,807.15 per ounce by 12:47 AM ET (05:47 AM GMT). Investors flocked ...
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