Australian Real Estate – Bubble ready to burst yet?
Fines and jail terms is what the Australian Government has proposed currently to ease the real estate pricing that is forcing many locals into a lifetime of renting. The punishment will not only extend to investors but also agents that fail to comply. Whilst the changes will be announced in the coming week the Government […]More Info
US data positive all around – Euro Zone gloomy
Europe consumer confidence has fallen to its lowest levels since April. In the US positive results produced below expected unemployment numbers and jobless claims whilst existing home sales are on the up by beating expectations by .13M. This is fuelling downward pressures on the EURUSD which haven’t let up since Mario Draghi’s negative interest rate […]More Info
BoE triggers long GBPUSD opportunities
Two members of the BoE voted towards a rate hike indicated confidence in the UK’s progress. This is a good indicator of changing sentiment as other members did not vote for the rate hike solely based protecting growth targets and stress proofing the economy. Whilst the USD has received support due to housing and permit […]More Info