Stocks and oil rise before Zelenskyy-Trump meeting in Washington, UK house prices fall in August – business live | Business
Key events
The most important economic events is the US Federal-Scebe Symposium of Jackson in Kansas in Kansas until Saturday, Whose theme's policy plants of labor market transfer '.
Fed chair Jerome Powell is due to the speaking on the economic view and central bank policy.
Andrew HollenhorstMain Economony at Citi Research, said:
Chair Powell will probably signal that risks to the relevant employment and inflation, to return to the return of returning the returning the returning the returning the returning.
But Powell will stop, explicitly signaling a cut of native of September rate, wait for the August and inflation reports. This would be free for marks already fully prices in a cut of September.
Markets see an 85% chance of a quarter-point rate cut at the next meeting on September 17, followed by the following diminution by December.
“There is a swell of optimism at the beginning of the week, Amid hopes for an abandoned of geopolitical risk and a more clement worldwide economic environment,” said Susannah StreeeterCase post and brands at Hargreaves launch.
Indexes in Asia have benefited from a large pulse of positivity, with the Nikkei-Reave fresh record levels. As this manry returned to Corporate Japan, said that a new rate regime was agreed, it has been helped for boots.
The weaker Yen has also been a positive strength, saw it increasing the value, made the value of overseas. Auto Makers Toyota and Hondaas of Uniqlo owner Fast RetailingAre at the biggest benefit of the bigest benefits that will remain remaining consumers of the consumers, to cut their products that seen the larger clarity of prices.
The FTSE 100 Look Setup for a small dose MOCOMMATION, Helping Submer Submit SOME IF CLOSING INCLUDING A CLOSED FULLS ARE THE GLOBAL Econloos.
Investors also wait for the upcoming Jackson Hole Hole Central Banking AssociationFor directions about the direction of interest rates in the United States, with expectations that the recent data will pack the road for more cuts. Despite the fierce criticism he had to go shoulder from President TrumpFed chair Jerome Powell is not expected to set a firm path for taryer liders. He will probably say that he will remain driven by the last inflation and jobs available. Wall street provide a positive start for the S & P 500 and the Tech-heavy Nasdaq, and there is the potential for a push backup to backup to levels.
The future of Ukraine is heavily hanging heavily and zelensky, flanked by European leaders, preparing prepared for Trump. Putin's High Bar for a peace location can hoped Skupper on the conflict, but with more details that can be in eastern Oukraine. Seems to be more substance. With less conversation of Togher seashes, oil prices back as offers faded, but in the middle of the continuously involved in the passage of the continuously involved and has returned above $ 66 in barrel.
The fall in fuel costs since June are welcome through households, though it will take time to filter by filtering and not fully filtered in the inflation in the UK.
Right from the right of right from the right of right that that 34% of UK-Houses look a reduction in price at the marketing. In data that returns to 2012, this figure has been only in this time of the year in 2023, and a two-speed market becomes more moving.
The general average to find a buyer is 62 days, with the high number of houses for sale causing buyers to make and negotiate their choice.
The bank of the Third Rintes of England cut This year, who was probably a different impulse of trust for the market on the remaining months of the year, the website website said.
Colleen Babcockproperty expert by Rightmove, said:
Buyers have the upper hand in this high-offer market so a seductive price is essential to vote a sale. The strategy works, with the number of salt in the full month of July was in this time of the birthday since 2020. The time had recently opened to the first Pandemic lockdown, and generous stamp duty.
However, the high number of priced suits, however, we are an indicator, that some sellers are yet to notice with too high price and then reduced to become competitive.
Introduction: Stocks and oil rise for meeting Ukraine meeting in Washington, UK House prices fall in August
Good morning, and welcome to our scrolling coverage, the financial markets and the world economy.
Financial brands are directed to meetings at the Oval office in Washington between Donald Trump and European leaders including Keir Starmer, Emmanuel Macron, Friedrich Merzand Volodymyr Zelenknyy.
After meeting with Vladimir Putin In Alaska Trump again set up on the Ukraine president in the Ukraine president to agree to a quick settlement, saying that he could end the war with the war 'if he wanted. The US President also ruled out Ukraine also to join NATO to do or Russian occupy Crimean as part of subsignments with Moscow.
Brent RudeThe global benchmark for oil has received 0.5% up to $ 66.16 a barrel while gold AHS risen by 0.4% to $ 3.348 an ounce.
Asian stocks have gone to a good start to the week and European and US futures are also upAfter Wall Street Acquires Drops from the Record Estables of the Expectations of the Expectations in the Federal Reserve's Meet Meeting, maybe even a half-pressed under political pressure of the White House.
Attention turns to Fed Chair now Jerome PowellThe appearance of the appearance at the Jackson Hole Symposium this week, start on Thursday. The inflation of data from last week were mixed, with the consumer prices were limited prices, while the producer prices index grows index.
In Europe, Stock brands extended gains last week after their highest levels since March, for the Tariff's Tariff announcements.
The Nikkei Rose by 0.77% and smote fresh record highs. The Shanghai exchange Rose at almost 0.7% after a 10-year-old, while the Shenzhen-Menyn jumped 1.38% and India, by 1.3%, cut in the late June-on-india-india trading pairs.
“Hope about anxiety,” says Ipek Ozkardeskaya, Senior analyst by SwissQuote Bank.
Both nations [China and India] May all the truce Welcome Between Russia and the west, given their desire to maintain ties with both camps. European and US Futures are also Firmer.
The yen is softer, while gold question remains strong, stays investors of Trump's meeting of Trump's meeting of Zelensky. Material progress could spare further oil weakness, a rally about gezing, and soft gold question. Disappointment would bring back oil bulbs, terminating conversion (excluding defense), and lift gold.
Turn to the UK housing market, spreads, spread, prices realist, have ridden the best July, because for a priced, with prices in August, according to the Pawn website.
Lower asked prices and good buyer choice are boost activities, and the number of seller is agreed to 8% forward from this time last year. The number of houses for sale is 10% up on this time last year.
The average price of a property comes to the market for sale dropped by a seasonal 1.3% to £ 368,740 in August, in a line with the 10 years old, to the early – than-usual decreases in June. With many people on holidays usually fall in August.
The Agenda
