0.2% growth in the Euro Area
Newsflash: The eurozone economy grew by 0.2% in the last quarter, and the region did not continue to grow.
In the third quarter of 2018 it coincides with a 0.2% growth, and is the weakest four-year growth.
This means that 1.2% more than the Eurozone last year – weak performance.
The wider European Union grew by 0.3% in the last quarter and 1.8% in the last year.
Continue more …
It is not only the houses that catch Brexit chill.
At the end of the day, British cars were reduced to five years by 2018.
Industry is facing a danger of confronting Breit – would you invest in new machinery if you want to frighten the bulk of the masses in the ports and the supply chain during the week?
Samuel Tombs, UK economist Pantheon macroeconomicshe says:
"The uncertainty generated by Brexitek is, in principle, a fall in the inter-annual growth of home prices below zero, a fairly stable rate of around 2% of around 18% in November."
The Spanish economy has overcome expectations, as well as giving investors a boost, the main growth in the Eurozone is pending in Europe at 10:00 p.m.
The Spanish GDP grew 0.7% in October-December quarter, a little faster than expected. For this reason, the forecast for France also had forecasts with a 0.3% increase.
We expect Italian figures of growth so far, but I think it could really be at 10:00 … Rome will avoid a recession?
In more than one city, shares are undergoing relief. The central bank of the Americas has committed itself to the patient before increasing the interest rates so that the borrowing costs can be maintained for some time.
FTSE 100 got almost 50 points in nearly three weeks, European indexes have exceeded a period of two months.
SpreadEx's Connor Campbell has details:
After a large part of the belt at the end of January, the FTSE continued its closing month on Friday. He raised another 50 points so that he could watch 7,000.
It was not the macroeconomy that pushed the strength of the index; It has also been supported by some key accessories. Shell's 36% of annual yearly earnings increased the oil giant by 3.5% and Diageo increased by 3.7% while the owner of Guinness and Smirnoff was $ 660 million.
Price drops since last summer in the UK homes slightly more affordable (or a little less).
But the lists show that housing is much more expensive compared to wages than it was 20 years ago, and it was not much cheaper than the financial crisis.
Foxtons profits fell by 80% in the heavy market
London real estate agency Foxtons also has its commercial rates and well-known garish minis.
Foxtons has reported that the profit adjustments hope to plunge into 80% last year, less than £ 3m, £ 15m in 2017, reaching £ 118m and £ 111m.
Nic Budden, the CEO, said last year that it was the worst:
"2018 One of the toughest sales markets in London was one of the most historically traded stocks last year.
Given this, we have provided a good performance and this business is better for preparing for these conditions, using costs and improvements in prudent measures about our proposal. We are sure to offer our customers the best results in the model that offers our service model.
Foxtons has today received a £ 16m load, including £ 6m.
The Economist Howard Archer of EY Item Club has warned that the housing market will drive Brexit saga this year:
- In the UK, after all, the EU is launching an "agreement", we expect that home prices will have a modest profit of 2% in 2019. It is advisable to gradually increase the real income of consumers in the housing market in 2019, with high employment, still low interest rates and shortages. The home market may also offer some help
- Ends March of the UK in the UK Brexit "accepted" withoutHousing prices could fall by around 5% in 2019, with greater uncertainty and weakened economic activity
- Brexit has been delayed, constant uncertainty is likely to weigh in the housing market and stabilize or decrease the price of housing
Mark Harris, mortgage broker executive SPF private clientsIt also prevents economic anxiety in terms of the decline in house prices.
Uncertainty is the central issue in the housing market, with buyers and sellers who are looking to see what happens with Brexit.
This means that lenders offer attractive offers for anyone looking for a mortgage, he adds.
North London real estate agent Jeremy Leaf says in the housing market in the UK "Brexit storm to face the weather, but not the collapse"
The UK household costs £ 220,000, National Reports, £ 5,000 less than last year.
Good news for the first time buyers, of course.
Introduction: The homes in the UK stop prices
Good day, and welcome our world economy coverage, financial markets, the eurozone and businesses.
The British housing market is experiencing Breitle's chill, because prices continue to build huge financial uncertainty.
New national figures show that prices are 0.1% higher than one year before, which was a 0.5% increase in December.
February 2013 is the lowest annual growth rate.
The average prices of homes are lower than those for summer, although prices have risen by 0.3% in January, following the drop in December.
The economic pressure is another sign that is feeling less than two months before leaving the EU.
Robert Gardner, Of the nation Chief Economist declares the growth of home prices "almost in the ground that is almost in January."
Gardner prevents "uncertain economic prediction" by dragging the housing market.
"Household market activity indicators, the number of real estate transactions and the number of mortgages approved by home purchase, has stabilized in recent months, but future indicators have suggested some landlords.
"Especially, consumer confidence measures were weakened in December, and topographers sold more buyers of new buyers at the end of 2018. The number of properties included in the market slowed down, but it did not seem to be enough that the demand for the prevention and supply balance was sharpened in recent months for buyers.
With constant contact, Gardner adds that the economic perspective remains "unusual". It is true that this year they expect the price to be appreciated yes keep financial conditions.
Although economic growth continues, even though the unemployment rate and borrowing costs are approaching the current level, we expect the UK house prices to fall into a single pace of 2019. "
Continue the reaction …
They come today too
Italy may fall this morning this morning! The new Eurozone GDP index at 10:00 p.m., the third largest eurozone could contract 0.1% in the second quarter.
The wider Euro Zone expects only 0.2% growth.
European stock markets can make profits, after a tough Wall Street, last week, as the Federal Reserve said, interest rates would increase.
GMT: Italian GDP Q4 for 2018
- 10:00 GMT: Euro Zone GDP Q4 for 2018
- 1.30pm GMT: U.S. American workers