Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "George Moran"


3 mentions found


Over the last year, Swift's Eras Tour and its affiliated film cemented her economic prowess in the United States, injecting billions into the economy. AdvertisementLocal businesses are seeing Swift's impact weeks ahead of her concerts. Jo Hale/Getty ImagesEuropean economists monitoring inflation rates in the service sector are examining Swift's tour to see what impact it will have on Europe's economy. Barclays' Consumer Spend research found that Swift's tour is expected to boost the UK economy by £997 million ($1.26 billion). Economist George Moran told the Times, however, that he thinks it's unlikely Swift will impact decision-making at the Bank of England.
Persons: , Taylor, Swift, Taylor Swift's, Ben Julius, Julius, Taylor Swift, Jo Hale, Lucas Krishan, Krishan, Kevin Mazur, George Moran, Moran, Nomura Organizations: Service, Business, Tourist Italy, Wembley, Getty, European Central Bank, Barclays, Consumer, New York Times, Securities, Rights, Bank of England, Times Locations: Europe, United States, Italy, Milan, London, Central, Paris, France
Oil prices leapt nearly 6% on Friday, as investors priced in the possibility of a wider Middle East conflict. The first indicator of reaction to weekend developments will likely come when oil starts trading in Asia later on Sunday. Reuters Graphics"I have no clue whether markets will remain relatively well behaved," said Erik Nielsen, group chief economics advisor at UniCredit. The war between the Islamist group Hamas and Israel poses one of the most significant geopolitical risks to oil markets since Russia's invasion of Ukraine last year. Rising oil prices are unlikely to have a significant impact on U.S. gas prices or consumer spending, analysts noted.
Persons: Violeta Santos Moura, Ben Cahill, Erik Nielsen, Bernard Baumohl, Baumohl, it's, Nomura, George Moran, Matt Tracy, Dhara, Megan Davies, Muralikumar, Emelia Organizations: REUTERS, Rights, Hamas, Energy Security, Center for Strategic, International Studies, Reuters, U.S, Economic Outlook Group, European Central Bank, Chevron, Thomson Locations: Gaza, Kibbutz Beeri, Israel, Palestinian, Asia, UniCredit, Princeton , New Jersey, United States, Europe, Ukraine, Egypt, Washington, London
UK house prices set for 15% drop, Nomura predicts
  + stars: | 2023-01-12 | by ( Andy Bruce | ) www.reuters.com   time to read: +2 min
LONDON, Jan 12 (Reuters) - British house prices look on track to fall around 15% by mid-2024, economists from Japanese bank Nomura said on Thursday, a more severe drop than other forecasters have projected. The market is already showing signs of a reversal, after the COVID-19 pandemic and tax breaks spurred a 29% surge in house prices on the official measure. Mortgage lenders estimate British house prices are already 3.5% lower than their peak, Nomura said. British house prices were forecast to fall 4.7% in 2023, and drop by 10% from peak to trough. Nomura said slumping house prices would feed through into the Bank of England's monetary policy.
Total: 3