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US Home Prices Drop For 7th Consecutive Month; Real Estate Stocks Hit Lowest Levels Since October 2022

The value of residential real estate in 20 major U.S. metropolitan cities, as measured by the S&P CoreLogic Case-Shiller Home Price Index, continues its downward trend and recorded an average decline of 0.6% in January, marking the seventh consecutive month of losses.

BXP

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Gold Breaks Above $2,000: 5 Gold Mining Value Stocks With Highest Upside Potential In 2023

Gold prices continued to push higher on Thursday's session, breaking the $2,000/oz psychological barrier and delivering widespread gains across mining stocks.  Investors flocked en masse to gold following the U.S. banking crisis and amid growing speculation about the end of the Fed hiking cycle.

BTG

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Bank Of England Hikes Interest Rates To 4.25%: Pound Edges Higher, UK Stocks Hold Steady Ahead of Wall Street Open

The Bank of England raised interest rates by 25 basis points to 4.25% Thursday, as widely anticipated by the market, in a 7-2 vote.  Further tightening of monetary policy will be required "if there were signs of more persistent price pressures," the central bank said in a statement. 

EWU