Hawks fill the skies

By Jeffrey Halley The procession of central banks hiking rates in an attempt to see off inflation has continued over the last 24 hours. The Bank of Canada hiked by 0.50% overnight,

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Markets snooze into week’s end

By Jeffrey Halley New York had a relatively quiet session overnight, with Europe’s announcement that its next round of sanctions would include Russian coal imports, having no impact on energy prices. A

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US housing up, but at slower pace

House prices in the US continued to rise in October, but at a slower rate for the second month in a row, according to Alpha Bank’s Cyprus Treasury bulletin. Despite the slowdown,

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US retail sales up 8.5% to Christmas

US retail sales were up 8.5% during the pre-Christmas period of November 1 to December 24, a period that included Black Friday and Thanksgiving, overshadowing worries of a fallout from Covid-19 on

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