London house price boom over, at least for now
The days of London house price rises hugely outpacing inflation won’t be returning anytime soon, even if Britain and the EU strike a Brexit deal.
The days of London house price rises hugely outpacing inflation won’t be returning anytime soon, even if Britain and the EU strike a Brexit deal.
Global equities drive lower as investor confidence dwindles
Risk aversion hit US equities as stocks plunge with all sectors trading lower. Oil’s collapse to a 13-month low also helped drive stocks lower. The US dollar traded higher against the Japanese yen and may have seen its correlation to equities come to an end. The backdrop for a stronger dollar may remain if expectations for the Fed to continue its tightening cycle grow.
The bloodbath continued across global equities markets on Tuesday. The FTSE closed down 0.7% in a better showing than its European peers, thanks in part to a weaker pound.
The rout in equities and oil is “costing” gold in a peculiar way.
Samsung Electro-Mechanics showed the highest improvement in profits among MLCC makers and will maintain momentum in the fourth quarter, said Kiwoom Securities on Nov. 20.
NEW YORK — A company doesn’t need to be as big as Amazon (AMZN[NGS] – $1,512.29 Trade ) to get a good deal on real estate.
Among the S&P 500’s biggest fallers on Monday November 19 was Applied Materials Inc. (AMAT). The stock experienced a 2.77% decline to $34.42 with 14.8 million shares changing hands.
Among the S&P 500’s biggest fallers on Monday November 19 was Apple Inc. (AAPL). The stock experienced a 3.96% decline to $185.86 with 41.38 million shares changing hands.
Wheaton Precious Metals Corp (TSE:WPM) – Equities researchers at National Bank Financial lifted their FY2018 EPS estimates for Wheaton Precious Metals in a research note issued to investors on Wednesday, November 14th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.65 per share for the year, up from their prior forecast of $0.62. National Bank Financial also issued estimates for Wheaton Precious Metals’ Q4 2018 earnings at $0.12 EPS, FY2019 earnings at $0.54 EPS and FY2020 earnings at $0.69 EPS.