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Lebanon President Aoun says some in Lebanon find it difficult to keep their distance from Iran and the United States.
2026-07-03
Lebanon President Aoun says some in Lebanon find it difficult to keep their distance from Iran and the United States.
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2026-07-03
ECB governing council member Moulin said falling oil prices have eased price pressures in the euro area, leaving the central bank well positioned after last month's rate hike. He said it is too early to forecast the July and September meetings but officials have made clear "we will not enter a new rate-hiking cycle." Moulin added "for now we are in a favourable position" and that the "risk balance is at a reasonable level." He said the oil decline should relieve services inflation and that "we h
ECB governing council member Moulin said falling oil prices have eased price pressures in the euro area, leaving the central bank well positioned after last month's rate hike. He said it is too early to forecast the July and September meetings but officials have made clear "we will not enter a new rate-hiking cycle." Moulin added "for now we are in a favourable position" and that the "risk balance is at a reasonable level." He said the oil decline should relieve services inflation and that "we have not yet seen second-round effects."
2026-07-03
After earlier pullbacks, secondary-market signals for public REITs have turned constructive. Multiple brokerages say domestic public REITs are trading in a historically low valuation range; the rollout of index funds and firmer expectations of insurance inflows should improve supply-demand and lift long-term allocation appeal. As of June 30, the spread between distribution yield on property-rights REITs and the 10-year government bond yield reached levels seen at the market troughs in early‑2024
After earlier pullbacks, secondary-market signals for public REITs have turned constructive. Multiple brokerages say domestic public REITs are trading in a historically low valuation range; the rollout of index funds and firmer expectations of insurance inflows should improve supply-demand and lift long-term allocation appeal. As of June 30, the spread between distribution yield on property-rights REITs and the 10-year government bond yield reached levels seen at the market troughs in early‑2024 and early‑2025. Historically, such wide spreads have preceded valuation recoveries, suggesting recent adjustments have largely absorbed near-term negative pressure and strengthened the valuation cushion.
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