Housing boom in Australia is «officially over» according to UBS

Digest #40 from DTI

Below you will find a selection of interesting articles from news resources. You can use the content list to select a topic of interest, or browse/hide it, and see the entire collection of news. Pure numbers, facts, food for thought.

Contents:

Economics

China exports grew by 8,1% in September, missing the 10% target estimated in a Bloomberg survey. Read more on Bloomberg.
UBS declared the Australian housing boom "officially over". Read more on Bloomberg.
Reserve Bank of New Zealand hints at further interest rate increase on revised inflation forecast. Read more on Bloomberg.

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Finance

Nikkei index is at its highest since 1992. Various factors, including Prime Minister Shinzo Abe’s re-election, influenced its growth, but bulls on the market believe the rally is not over yet. Ream more Bloomberg.
Oil touches two-year high on Saudi arrests, but disappointing stockpile statistic limits its growth. Read more on Bloomberg.
India’s stock market added another month to its 19-month streak of inflows, which were influenced by the government’s clampdown on tax. Read more on Bloomberg.
Anticipation of the House of Representatives rolling out their tax plan impacted the markets: stocks fell while dollar gained. Read more on Bloomberg.


Also published on Medium.