Archive for November, 2010

Todays currency watch

November 30, 2010
  • Dollar advance increasingly dependant on Euro
  • Irelands problems cause the Euro to drop like a stone
  • British pound declines as OBR lowers growth forecasts and housing price slide.
  • Australian dollar under pressure as countdown to 3Q GDP

Pound:

It is important to note that the pound’s performance is heavily influenced by the health of its primary counterpart – the euro. Economic and financial troubles easily bleed through these open borders. That said, there was a specific drive for the sterling in the biggest drop in housing demand in nearly two years as well as a downgrade in 2011 / 2012 GDP forecasts from the Office for Budget Responsibility.

Read more here

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News from Propertywire

November 30, 2010

Central bank in Singapore warns the property prices are too high and set to rise again
Read more

UK residential property prices down again a seasonal slowdown starts early
Read more

Brazil is popular choice for overseas real estate investors, consultancy research suggests
Read more...

Rural properties in Scotland more than double in last ten years, new report shows
Read more

Free reports available to download

Eurozone crisis

International Pensions

International Tax Guide

Todays News from Propertywire.com

November 26, 2010

Todays News from Propertywire.com

 

Mixed outlook for main UK real estate sectors, new report suggests
Read more

Celebrity homes in US selling at bargain prices
Read more...

European commercial property market hots up, according to researchers
Read more…

US National Association of Realtors goes global with new services for international buyers

Read more...

 

Outlook for UK construction industry worsens in face of spending cuts

November 19, 2010

read more

2010 Eurozone Crisis Report

November 18, 2010

Old fashioned long-term attitudes will see eurozone investors through the debt crisis, new report suggests

For Immediate Release Thursday November 18 2010

A diverse and balanced portfolio is needed in the current market with investors prepared to take an old fashioned and long-term approach, says a new report on the eurozone fiscal crisis published by Investment International.
As the Ireland debt talks continue make markets jittery, there are concerns that the country’s fiscal crisis has highlighted how fragile the eurozone can be with fears also being voiced by various commentors about debt in both Portugal and Spain.

In this new report Mark Richards, head of sales at Barclays Wealth International and Barclays Wealth Intermediaries, says that there is a crisis of confidence in the eurozone with polarised views on how to deal with the problem.

Mr Richards says: ‘We have a strong belief that there are opportunities in equities that are generally underpriced, however, the downside of equities is that they need to be seen as a long-term investment and your capital is at risk’.
This is in line with the overall strategy at Barclays Wealth which is to restore confidence amongst investors and encourage them to see their portfolios over the longer term. Mr Richards says: ‘Concerns about Greece are likely to persist in the short-term but a balanced portfolio can see the investors beyond this.’

He adds: ‘The key is balance and diversity, looking at equities and secure government stocks. It is not about short term wins and gains, but about going steadily forward. This may not offer the highest possible return and it might be regarded as an old fashioned approach, but it is one that is needed in this very modern crisis.’

The report also looks at how the eurozone’s sluggish competitiveness could be a threat to the European Monetary System and impact on wider global recovery and emerging market currencies.
Michael Sneyd, currency economist at Barclays Wealth International, points out that the full brunt of austerity policies have not yet been felt in many countries and the euro could be vulnerable for some time to come.

Overall he expects that the euro area will come through these difficulties though, saying: ‘Even if Greece does not turn around in time, it may be offered more support by other European Union members if it is on the right path. However, we do expect that the euro area’s sluggish growth will cause the euro to weaken over the next year or two, especially against other European currencies such as Sterling and the Swedish krona. We do not expect the euro to weaken much against the US dollar though.’

The detailed report also gives a blow by blow account of how the eurozone crisis developed and is available to download free from www.investmentinternational.com.

Note to Editors:
For further information please contact Ray Clancy, editor Investment International.
00 33 233 496412   ray@thepublishinggroup.co.uk

Investment International is part of The Publishing Group (TPG)

About TPG’s Publications:
Investment International is a long established offshore investment website aimed at the high-net-worth expatriate investor who is interested in bonds, funds, equities and offshore savings accounts. Readership varies from UK based individuals looking to invest in global opportunities, to international investors interested in tax efficient investment offers and institutional investors.

Mortgage Introducer is a leading industry magazine and website aimed at the mortgage professional and independent financial advisor. Now in its 10th year of publication, it is leading the way for mortgage professionals by maintaining a strong editorial focus on development and training.

Property Wire provides daily breaking news covering global property markets as well as in-depth analysis and commentary. It covers residential and commercial property sectors around the globe with the latest information on both traditional and emerging markets. It is aimed at professional investors and analysts as well as those involved in the real estate industry.

Every Investor is an online publication offering the latest independent financial news. It also has comparison tables, research reports and free guides and newsletters that are aimed at everyone who is interested in investing.

Homebuying is a quarterly consumer magazine and website catering for home buyers and re-mortgagors in digital format to download or view online. It covers the latest tips about buying, selling or renovating your home and also home insurance and help on finding a mortgage adviser.

This weeks news from Propertywire

November 17, 2010

This weeks news from propertywire.com

Quality matters as the UK property market slows
Read more

Real estate market in Canada becoming ‘normal’ as activity rises for third month in a row
Read more

Scottish real estate market stabilises, latest index shows
Read more

Rural property outperforms the urban sector in the UK over the last 10 years, research shows
Read more

More units to be delivered in Dubai in first part of 2011 despite chronic oversupply
Read more

Singapore on track for record real estate sales in 2010
Read more

Industrial real estate market across the globe is recovery, report reveals
Read more

New Zealand real estate prices and sales fall, latest indices show
Read more

Govt figures show UK property prices falling in September but annual averages remain positive
Read more

 

If you would like to use any of these news stories or use sections as part of a quote please attribute them to propertywire.com

Latest news from Propertywire

November 12, 2010

Emergence of disciplined real estate investors looking at safe secondary property markets

Property buyers in the UK ignoring affordable housing schemes, research shows

Property prices and sales expected to fall in Canada in 2011

UK office occupier activity increasing but outlook is poor, report shows

New Brazilian president set to continue with reforms and incentives for growing real estate market



This weeks news from Propertywire

November 9, 2010

A thousand new ski properties to be built in French Alps, developer reveals Read more

Pending property sales in the US fall in September after two months of growth.  Read more

UK streamlined planning offers opportunities for property developers and land owners, agents believe. Read more

Old fashioned long-term attitudes will see eurozone investors through the debt crisis, new report suggests

November 3, 2010

Old fashioned long-term attitudes will see eurozone investors through the debt crisis, new report suggests

For Immediate Release  November 03, 2010

A diverse and balanced portfolio is needed in the current market with investors prepared to take an old fashioned and long-term approach, says a new report on the eurozone fiscal crisis published by Investment International.
In the report Mark Richards, head of sales at Barclays Wealth International and Barclays Wealth Intermediaries, says that there is a crisis of confidence in the eurozone with polarised views on how to deal with the problem.

Mr Richards says: ‘We have a strong belief that there are opportunities in equities that are generally underpriced, however, the downside of equities is that they need to be seen as a long-term investment and your capital is at risk’.
This is in line with the overall strategy at Barclays Wealth which is to restore confidence amongst investors and encourage them to see their portfolios over the longer term. Mr Richards says: ‘Concerns about Greece are likely to persist in the short-term but a balanced portfolio can see the investors beyond this.’

He adds: ‘The key is balance and diversity, looking at equities and secure government stocks. It is not about short term wins and gains, but about going steadily forward. This may not offer the highest possible return and it might be regarded as an old fashioned approach, but it is one that is needed in this very modern crisis.’

The report also looks at how the eurozone’s sluggish competitiveness could be a threat to the European Monetary System and impact on wider global recovery and emerging market currencies.

Michael Sneyd, currency economist at Barclays Wealth International, points out that the full brunt of austerity policies have not yet been felt in many countries and the euro could be vulnerable for some time to come.

Overall he expects that the euro area will come through these difficulties though, saying: ‘Even if Greece does not turn around in time, it may be offered more support by other European Union members if it is on the right path. However, we do expect that the euro area’s sluggish growth will cause the euro to weaken over the next year or two, especially against other European currencies such as Sterling and the Swedish krona. We do not expect the euro to weaken much against the US dollar though.’

The detailed report also gives a blow by blow account of how the eurozone crisis developed and is available to download free here from www.investmentinternational.com

Note to Editors:
For further information please contact Ray Clancy, editor Investment International.
00 33 233 496412   ray@thepublishinggroup.co.uk

Investment International is part of The Publishing Group (TPG)

About TPG’s Publications:
Investment International is a long established offshore investment website aimed at the high-net-worth expatriate investor who is interested in bonds, funds, equities and offshore savings accounts. Readership varies from UK based individuals looking to invest in global opportunities, to international investors interested in tax efficient investment offers and institutional investors.

Mortgage Introducer is a leading industry magazine and website aimed at the mortgage professional and independent financial advisor. Now in its 10th year of publication, it is leading the way for mortgage professionals by maintaining a strong editorial focus on development and training.

Property Wire provides daily breaking news covering global property markets as well as in-depth analysis and commentary. It covers residential and commercial property sectors around the globe with the latest information on both traditional and emerging markets. It is aimed at professional investors and analysts as well as those involved in the real estate industry.

Every Investor is an online publication offering the latest independent financial news. It also has comparison tables, research reports and free guides and newsletters that are aimed at everyone who is interested in investing.

Homebuying is a quarterly consumer magazine and website catering for home buyers and re-mortgagors in digital format to download or view online. It covers the latest tips about buying, selling or renovating your home and also home insurance and help on finding a mortgage adviser.