Tag Archives: hopes

Hopes for luxury goods market as China’s retail sales surge in October

Hopes for luxury goods market as China's retail sales surge in October

China released economic data revealing a boost in retail sales and slower declines in home prices, signalling economic recovery amid recent stimulus efforts. This recovery could benefit European luxury and mining stocks, as China’s demand strengthens. ADVERTISEMENT China’s latest economic data showed recovery momentum in the world’s second-largest economy, largely influenced by a range of recent stimulus measures. October’s retail …

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UK inflation falls to 3-year low boosting hopes for another rate cut

UK inflation falls to 3-year low boosting hopes for another rate cut

Lower air fares and petrol prices dragged down price increases in September in the UK, prompting hopes that there will be another interest rate cut on the cards. ADVERTISEMENT Inflation in the UK has fallen to its lowest level for more than three years, official figures showed on Wednesday, a drop that has cemented market expectations that the Bank of …

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