MNI: GERMANY NOV UE RATE (SA) 6.1% (FCST 6.1%); OCT 6.1%

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

MNI: GERMANY OCT RETAIL SALES -1.5% M/M

MNI BRIEF: Trump Tariffs To Push China, EU Cooperation - BOC

MNI: PBOC Net Drains CNY156.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1877 Fri; -1.39% Y/Y

MNI: ITALY NOV FLASH HICP +0% M/M, +1.6% Y/Y

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MNI: UK OCT M4 MONEY SUPPLY -0.1% M/M, +3% Y/Y

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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Vancouver Housing Market Remains Resilient

CANADA DATA
  • The Vancouver housing market continued to grow strongly in August, with prices extending gains to 2.5% Y/Y and home sales increasing 21% Y/Y, albeit softer than the previously reported 29% Y/Y from July.
  • The market continues to hold up extremely well considering 5Y GoC yields in August touched fresh highs since 2007.
  • In other housing news, CBC reports that Ontario Premier Doug Ford says his government will "re-evaluate" controversial Greenbelt land swaps panned by two provincial watchdogs as rushed and flawed, but insisted development will move ahead if the sites "stand on their own merit."
  • It follows Ontario housing minister Steve Clark yesterday resigning from his position in the province’s cabinet after an ethics watchdog found he violated integrity rules as part of his department’s efforts to build homes on previously protected lands.
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