More good news on the housing market. This morning, the S&P/Case-Shiller Home Price index posted its biggest annual increase since 2006â€â€Âjust before the housing market crash. Home prices in all 20 metro areas included in the index rose for the second month running. Phoenix led, with a 23% annual increase […]
Author: InvestAdvocate
Eurozone inflation falls to 3-year low in April
Falling inflation and high unemployment puts pressure on European Central Bank to cut rates Pressure is mounting on the European Central Bank to cut interest rates this week after figures Tuesday showed inflation in the euro area at a three-year low and unemployment at another record high. Expectations were already […]
Nigeria forex reserves rise to $48.84 bln by April 26
Nigeria‘s foreign reserves rose to $48.84 billion by April 26, 0.59 percent up on the previous month, the latest figures from the central bankshowed on Tuesday, as Africa’s top energy producer booked more savings from its crude exports. The forex reserves of the continent’s second biggest economy stood at $48.55 […]
