Sentiment turns stronger for steel stocks

Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China’s weakness and rolling lockdowns have hit production and demand. China’s central bank recently cut rates […]

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Asian Markets Track Wall Street Higher

Asian stock markets is trading mostly higher on Monday, following the positive cues from Wall Street on Friday, as traders reacted positively to raising optimism about the health of the world’s second-largest economy after data showed Chinese manufacturing activity unexpectedly expanded in August. Asian markets closed mixed on Friday. Data […]

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UK House Prices Log Biggest Fall Since 2009

UK house prices declined at the fastest pace in more than 14 years in August as rising borrowing costs continue to dampen housing market activity, data published by the Nationwide Building Society showed on Friday. House prices posted an annual decline of 5.3 percent after easing 3.8 percent in July. […]

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