Global Markets: Drone strikes hit Moscow office tower again

By MarketsFarm

 

WINNIPEG, Aug. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

 

  • A Moscow office tower containing three Russian government ministries was struck by a drone for the second time in three days on Tuesday. Ukraine has not directly claimed responsibility for the strikes which Russia has called ‘terrorist attacks.’ There were no reported casualties, but the drone strikes were seen as a sign of the intensifying conflict between the two countries.
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  • Evacuation efforts are reportedly underway in Niger, as France and other European nations prepare to help citizens in the West African nation. Unrest is mounting in Niger after a coup on July 26 overthrew the democratically elected government of President Mohamed Bazoum.

 

  • House prices in the United Kingdom were down by 3.8 per cent in July compared the same month a year ago, marking the largest annual decline since 2009, according to a report from mortgage lender Nationwide. The declining house prices were in line with expectations and seen as a sign of the weakening activity caused by rising interest rates.

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