Archive for August, 2011

Propertywire.com currency watch – 31st August

August 31, 2011

• Sterling falls as data adds to dim UK outlook
• Euro declines on signs of faltering European recovery
• Fed Officials weigh steps to boost growth
• Swiss Franc snaps two day slump versus euro

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29th-30th August – News from Propertywire.com

August 30, 2011

UK property prices fell marginally in August, index shows

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Buying cheaper than renting for first time buyers in UK, research suggest

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Slight improvement in property market in Portugal

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UK properties in top school areas cost 35% more, research shows

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Global demand for distressed commercial property soars

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UK regional cities outperforming London for prime property prices

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Property prices falls in Ireland slowing

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Propertywire.com currency watch – 30th August

August 30, 2011

• Encouraging consumer spending in US bolsters markets
• Global markets are helped by Greek bank tie-up
• Sterling suffers from weak economic reports as business confidence falls
• Swiss franc continues to fall in wake of last weeks SNB move to weaken Swiss currency

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Propertywire.com currency watch – 26th August

August 26, 2011

• Sterling slips versus euro and dollar in thin trade
• Central Bankers face uneasy mood ahead of Jackson Hole
• Euro zone prone to financial panic
• RBA’s Stevens cools rate cut hopes

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25th August – News from Propertywire.com

August 25, 2011

Foreign buyers increase their activity in Singapore property market

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Low cost property ownership schemes integral to UK housing market, say Halifax

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Switzerland is the most costly place in the world to build, report shows

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Propertywire.com currency watch – 25th August

August 25, 2011

• Dollar rallies versus majors as gold falls and stocks rebound
• Fed Chairman may disappoint on QE3 at Jackson Hole which starts today
• Sterling takes a nosedive on dollar strength and weak UK economic data
• Euro rebounds vs sterling on economic data from the UK and Germany
• Gold drops more than 5% as global equities rally

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Propertywire.com currency watch – 24th August

August 24, 2011

• Sterling gains versus dollar, but lacks conviction
• Euro outlook remains bearish
• Bernanke unlikely to announce big new plans
• Yen gains as Noda’s action disappoints

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Propertywire.com currency watch – 23rd August

August 23, 2011

• Dollar falls after China manufacturing survey
• Pound holds firm despite OECD report showing UK lags behind leading economies
• Oil rallies and gold prints new record high above $1,900.00
• Fear in the market for an intervention from Bank of Japan

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22nd August – News from Propertywire.com

August 22, 2011

Leading UK property business expects subdued outlook

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Scottish residential property market activity recovers from winter low

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US real estate sales down in July as lack of lending hampers recovery

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Propertywire.com currency watch – 22nd August

August 22, 2011

• Sterling hits 3-1/2 month high against the dollar
• Euro opens higher despite further tensions
• All eyes focus on Jackson Hole
• NZ, Australian dollars gain versus Yen

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