UK House Prices Edge Up in October, Nationwide says

LONDON, Nov 1 Reuters British house prices rose by a marginal 0.1 in October, slowing sharply from a 0.6 monthly increase in September but the market remained resilient and was likely to gain momentum as borrowing costs fall, mortgage lender Nationwide said on Friday. Economists polled by Reuters had forecast prices would rise by 0.3 […]
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Gold Prices Edge Higher ahead of US Payrolls Data

Gold hit record high of 2,790.15 on Thursday U.S. nonfarm payrolls data due at 1230 GMT US Q3 labour costs growth smallest in more than 3 years Nov 1 Reuters Gold prices ticked up on Friday and headed for a slight weekly gain, while investors braced for the U.S. payrolls data that could provide further […]
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China to Revise Law for Tighter Scrutiny of Govt Debt

BEIJING, Nov 1 Reuters China aims to step up supervision of government debt and plans to revise the law to do so, a spokesperson of the legislative affairs committee of the National People39;s Congress NPC said on Friday. The changes proposed by the NPC39;s standing committee will require annual progress reports on debt management work […]
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Hong Kong Curbs Disclosures of Confidential Information before Deals

HONG KONG, Nov 1 Reuters Hong Kong39;s securities regulator finalised its guidelines on confidential information communications ahead of share placements and large securities transactions known as block trades after collecting industry feedback. The new rules, which will become effective on May 2, 2025, detail the procedures by which brokers disclose confidential information to investors to […]
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Expert Technical Fundamental Insights 01.11.2024

EURUSD EURUSD is on the way for the first weekly positive closing after four consecutive weeks of loss. EURUSD was little changed today at 1.0875. Such a positive performance was mainly due to weaker USD, more than strength of EZ fundamentals. Inflation in EZ increased by 2 YoY in September, higher than before of 1.7, […]
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