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Australian Home Prices Rise 8.1% in 2023, But Growth Slows Amidst Rising Rates and Inflation

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Australian home prices rose 8.1% in 2023, but growth slowed amidst rising rates and inflation. Affordability challenges and low consumer sentiment dampened the market, with the trajectory of interest rates playing a crucial role. Analysts predict a housing market slowdown in the first half of 2024. Stay updated on the uncertain outlook for Australian home prices.

UK Economy Shrinks Unexpectedly, Raises Recession Fears Before Election

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UK economy shrinks unexpectedly, sparking recession fears before election. Prime Minister Rishi Sunak faces challenge of regaining public trust amidst economic instability.

Australia’s Economy Contracts in Q3; Rate Hikes Slow Demand

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Australia's economy contracts in Q3 due to declining household spending and weak exports, indicating that interest rate hikes are slowing demand. The Reserve Bank of Australia may hold off on further tightening monetary policy.

Australian Service Sector Expenses Drive Up Inflation, RBA Seeks Further Interest Rate Hikes

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Australian service sector expenses drive up inflation as demand outpaces supply. RBA seeks further interest rate hikes to control economic stability.
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Wall Street Starts Higher, Set for Another Winning Week in Stock Market

Equity Market 0
Stocks open higher on Wall Street, heading for another winning week. Positive sentiment driven by strong earnings and stabilizing inflation.

Turkish Central Bank Governor and Finance Minister to Address Investors on Economic Challenges, Turkey

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Join Turkish Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet Simsek as they address investors and discuss Turkey's economic challenges in a meeting organized by JP Morgan.

Oberoi Realty Set for Massive FY24 Launches, Expects 74% Pre-Sales Growth, India

Equity Market 0
Oberoi Realty plans massive project launches in FY24, anticipating a surge in pre-sales growth. Find out more about their ambitious plans here.

Stock Market’s 2023 Surge Faces Federal Reserve Test Amid Profit Improvement, United States (US)

Stock Market 0
Stock market's surge faces Fed test amid profit improvement - Investors cautious as market awaits outcome of crucial central bank meeting.

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Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US

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Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.

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