Analysis: Excessive exuberance: Canada home prices boil over as policymakers sit back

4/4 © Reuters. FILE PHOTO: A Royal LePage real estate sign is marked “Sold” in front of a house in Ottawa 2/4 By Julie Gordon and Nichola Saminather OTTAWA (Reuters) – Canada’s red-hot housing market has become a bonfire, spurring comparisons to earlier bubbles and prompting calls for cooling measures. But policymakers are standing back, […]

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Pound Shrugs off Warning of ‘Excessive Optimism’ to Hit Multi-Year High

© Reuters. By Yasin Ebrahim Investing.com – The pound jumped to a more than two-and-a-half year high Thursday, despite experts warning of “excessive optimism” in the currency amid uncertainty over the U.K. economy, which is set to suffer a further dent from an extended lockdown. rose 0.39% to $ 1.3740 its highest since March 2018. […]

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