Now playing Next Economy Large properties boost Britain's housing market despite high rates Property prices rise to a near-record level in April, although buyers seeking smaller homes still face affordability challenges. 24/04/2024
Now playing Next Markets Markets report: Stocks rebound as fears ease over Middle East conflict Stocks were seen on the rebound as investors showed relief that a wider conflict in the Middle East might be averted. Gold and the dollar eased back as crude oil prices slipped following Iran's Friday comments that it is not looking to retaliate after Israel's reported drone attack. 22/04/2024
Now playing Next Economy UK inflation drops to two and a half year low as food prices cool Stabilising food inflation and falling house prices both contributed to UK inflation coming down further in March, leading to renewed hopes that the Bank of England might cut rates soon. 17/04/2024
Now playing Next Economy Here's why Germany's economy remains the most distressed in Europe France and Germany's economies are the worst-performing in Europe, while the UK is seen as doing moderately well. On the up side, Spain and Italy are seeing distinctly more positive signs. 16/04/2024
Now playing Next Business Goldman Sachs profits surge ahead to beat forecasts The Wall Street giant's investment banking and trading business drove the results past analysts' estimates. 15/04/2024
Now playing Next Markets Week ahead in the markets: Risk-aversion expected to take centre stage Geopolitical tensions and central banks’ rhetoric on monetary policy will remain the focus of market participants, also Netflix is scheduled to release its Q1 earnings result this week. 15/04/2024
Now playing Next Business JPMorgan opens earnings season with profit rise and risk warning JPMorgan reports a 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls. 12/04/2024
Now playing Next Markets Could the euro reach parity with the dollar as the ECB cuts rates? As the ECB hints at potential interest rate cuts, contrasting with expectations of delayed US Fed easing due to high inflation, the euro faces downward pressure, hitting a six-month low below 1.07 against the dollar. 12/04/2024
Now playing Next Markets The week ahead on the markets with all eyes on the ECB's rate decision This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic outlook. Additionally, the US will release its March inflation data, steering the global market’s sentiment. 08/04/2024
Now playing Next Economy Eurozone construction falls on dampened housing activity in March Reductions in commercial and civil engineering activity, as well as a decline in new business also contributed to this figure. 05/04/2024
Now playing Next Markets Weekly round-up: European markets lose steam amid bond jitters The European stock markets saw a decline for the week due to spiking bond yields, as some US Federal Reserve officials maintained a hawkish stance on interest rates, which rippled through the global markets. 05/04/2024
Now playing Next Economy Eurozone economic pulse quickens: Can stocks surge further? The Eurozone's private sector growth surges to a ten-month peak, fueled by a robust services sector. Investor confidence remains high, yet further stock market gains depend on continued disinflation and potential ECB rate cuts, with escalating oil prices posing a threat to stability. 04/04/2024
Now playing Next Economy Inflation cools in Germany as interest rates hamper growth Prices increased more slowly than expected in March according to official figures, fuelling hopes for an ECB rate cut. 02/04/2024
Now playing Next Economy Spain's economy expands: Why is it outperforming its European peers? Spain's Gross domestic product (GDP), the measure of value created through the production of goods and services, expanded 0.6% in the fourth quarter of 2023 from the previous quarter. 26/03/2024
Now playing Next Economy Turkey hikes interest rate to 50% in surprise move The increase comes after a pause last month which led experts to believe another freeze would follow suit. Yet chronic inflation still persists. 21/03/2024
Now playing Next Economy Why the Swiss central bank made a surprise cut to its key interest The Swiss National Bank (SNB) said on Thursday it is trimming its key interest rate, a surprise move that makes Switzerland the first major financial centre to announce a cut in recent months. 21/03/2024
Now playing Next Economy Fed clears path for rate cuts: Powell lifts stocks and gold higher The Federal Reserve has set the stage for interest rate cuts later this year, indicating a shift from its long-standing restrictive policy. March's FOMC meeting kept rates stable but hinted at three cuts in 2024. The projection spiked investor confidence, pushing the S&P 500 and gold to record highs 21/03/2024
Now playing Next Economy Germany's commercial real estate plunge could be a threat for banks Germany's commercial real estate crisis could mean trouble for the country's banks due to their high exposure to the sector. 20/03/2024
Now playing Next Economy Bank of Japan ends opts for first interest rate hike in 17 years Japan's central bank has decided to end its era of negative interest rates following signs that the country's decades-long deflation is coming to an end. 19/03/2024
Now playing Next Economy IMF: Emerging European economies need high interest rates for longer Inflation is proving more stubborn in central, eastern and southeastern Europe, says the International Monetary Fund, meaning a soft landing must be handled carefully. 15/03/2024