Industrial slump deepens with Middle East shock – ING

ING’s Carsten Brzeski highlights that German industrial production weakened further in March, with a 0.7% monthly decline leaving first-quarter output more than 1% below late 2025 levels. He notes that the war in the Middle East, soaring energy prices and a sharply narrower trade surplus increase the risk of a downward revision to Germany’s first-quarter GDP growth.Industrial data signal renewed growth risks”German industrial production weakened further in March as the war in the Middle East…

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Bay Area luxury home prices surge 13% since AI boom, Redfin finds

The artificial intelligence (AI) boom has caused a surge in luxury real estate prices in the Bay Area, although more affordable areas in Silicon Valley haven’t seen the same gains since the launch of ChatGPT kickstarted the tech sector’s AI race. An analysis by Redfin compared the median home sale…

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