Rate cut expected this week - LNU News
WEB6 days ago · 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 ...
Piazza Affari toasts Federal Reserve week - LNU News
WEB2 days ago · After the second ECB rate cut last week, the Federal Reserve chose to start its monetary easing with a whopping 50 basis points on Wednesday. This boosted global stock markets, with the S&P 500 closing Thursday’s session higher for the eighth session out of the last nine, closing the session at an all-time high, while the Dow settled above the psychological level of 42,000 points, reaching a ...
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 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 ( …
Now it's Powell's turn - LNU News - latestnewsandupdates.com
WEBAug 22, 2024 · Waiting for Powell’s speech. The spotlight is now on the Jackson Hole symposium which starts today, August 22, and ends on Friday, August 24. The traditional meeting of central bankers, hosted in Wyoming by the Kansas City Fed, will reach its climax on Friday afternoon at 4:00 p.m., when the President Powell’s speech. If a rate cut in ...
revises downwards 2024 demand estimates - LNU News
WEBSep 11, 2024 · The cartel of crude oil producers has revised downwards global oil demand growth for 2024, indicating it will 2.03 million barrels per day compared to the 2.11 million barrels per day previously forecast. Also for 2025 there has been a very slight downward revision in growth forecasts, which will stand at 1.74 million barrels per day from the 1 ...
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.
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 ...
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.