British house prices rose by 6.3% in January from the same month in 2022, the Office for National Statistics (ONS) said on Wednesday. The rise was smaller than December’s downwardly revised 9.3% increase. London saw the weakest annual price rise of all English regions, with prices in the capital up …

A two-day recovery in European stocks stalled on Wednesday as investors awaited the outcome of the Federal Reserve’s monetary policy meeting after signs of problems in the banking sector raised hopes that the bank would follow a moderate approach in raising interest rates. And by 0811 GMT, the European Stoxx …

British inflation unexpectedly rose to 10.4% in February, pushed up by higher food prices and pricier drinks in pubs and restaurants, official data showed on Wednesday, a day before the Bank of England announces its latest interest rate decision. Economists polled by Reuters had forecast that the annual CPI rate …

Gold prices moved in a narrow range on Wednesday, with some investors reluctant to trade pending the Federal Reserve’s decision on interest rates and a clearer picture regarding the future of monetary policy. Gold settled in spot transactions at $ 1940.11 an ounce by 0540 GMT, after falling 2 percent …

Asian stock markets rose on Wednesday as investors flocked to bargain financial companies amid lessening banking crisis worries. Attention is now fully on a Federal Reserve interest rate decision later in the day. One of the top performers for the day was Japan’s Nikkei 225, which increased by more than …

Oil fell in early Asian trading on Wednesday, trimming its gains for two consecutive days after a report showed US crude inventories rose unexpectedly last week in a sign of possible weak demand for fuel. Brent crude futures fell 48 cents, or 0.6 percent, to $74.84 a barrel at 0203 …

In March, the Bank of England (BoE) is expected to continue raising interest rates, albeit more slowly as the globe fights off threats to the financial system. On Thursday at 12:00 GMT, the BoE will make its interest rate decision public. It’s not a “Super Thursday” because neither the governor’s …

Wall Street’s main indexes were set to open higher on Tuesday as the rescue of Credit Suisse calmed nerves about a bigger banking crisis, while investors awaited the outcome of the Federal Reserve’s monetary policy meet. Traders now largely expect a 25-basis-point rate hike after the Fed’s two-day meeting concludes …

According to Statistics Canada statistics released on Tuesday, Canada’s annual inflation rate decreased more than anticipated in February as lower gas prices and slower housing cost growth helped down the consumer price index to its lowest point since January 2022. Inflation fell from 5.9% in January to 5.2% in February, …

While the rescue of Credit Suisse allayed concerns about threats to the global banking sector that may hinder economic development and fuel demand, oil prices increased on Tuesday, continuing their rebound from a 15-month low recorded the previous day. In the aftermath of UBS’ acquisition of Credit Suisse and after …