On the back of reports that Beijing has raised mortgage rates for first time home buyers, Richard Barkham, group research director at Grosvenor, notes that the incentives to invest in real estate are still strong. He shares his thoughts with CNBC’s Martin Soong and Bernard Lo.
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Reuters – Former guerrilla leader Dilma Rousseff won Brazil’s presidential election in resounding fashion on Sunday and promised to stick to policies that have lifted millions from poverty and made Brazil one of the world’s hottest economies.
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The strong Aussie dollar is here to stay, believes Kathy Lien, director of currency research at GFT. Meanwhile, Tai Hui, regional head of economic research, SE Asia at Standard Chartered Bank, tells CNBC’s Martin Soong why he expects the RBA to continue its hiking cycle.
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AFP – US voters demoralized by a faltering economy look certain to hand Republicans a mid-term elections triumph Tuesday after souring on President Barack Obama’s Democrats just two years into his crusade for change.
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The world’s most important central bank is expected to use quantitative easing as a routine instrument of monetary policy for the first time
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Reuters – Ruling party candidate Dilma Rousseff won Brazil’s presidential election on Sunday in a runoff vote and will become the first woman to lead Latin America’s largest economy.
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Reuters – Former guerrilla leader Dilma Rousseff won Brazil’s presidential election on Sunday after she promised to stick to policies that have lifted millions from poverty and made Brazil one of the world’s hottest economies.
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AFP – US voters demoralized by a faltering economy look certain to hand Republicans a mid-term elections triumph Tuesday after souring on President Barack Obama’s Democrats just two years into his crusade for change.
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Reuters – While U.S. voters cast ballots on Tuesday in an election expected to shift Congress to the right, the Federal Reserve convenes what could be its most pivotal meeting since the height of the financial crisis.
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Crucial monetary and economic decisions are to be taken by the Federal Reserve this week as details of a second round of quantitative easing are announced
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