The Canadian housing market hit a new record with more properties changing hands in March than any month in history, as sky-high prices lured more homeowners to try to cash in.
Italy is targeting an 11.8% budget deficit this year as it seeks billions of extra euros in borrowing to keep its economy afloat, according a government official. The country’s debt is also forecast to rise to 159.8% of gross domestic product at the end of 2021.
JPMorgan Chase & Co. is tapping into retail demand for trend-following by giving rich investors access to a kind of complex stock strategy that’s usually reserved for institutional managers.
South Africa’s central bank is likely to maintain its accommodative monetary policy stance to support the economy for as long as it has room to do so, according to Governor Lesetja Kganyago.
Mortgage rates in the U.S. fell for a second straight week, slipping to the lowest level in more than a month.
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