Thursday, 18 August 2011

U.S. prices rise by most since March

Economists say prices are not likely to rise much higher. Gas prices have come down this month and are expected to drop further. And retailers are reluctant to charge more when unemployment is high and consumers are already spending cautiously.

Tuesday, 16 August 2011

Real estate buyers to focus on low interest, ignore market turmoil: economists

TORONTO - Canada's real estate market is now expected to grow this year rather than decline, as buyers take advantage of continued low interest rates that are intended to offset recent economic turmoil, economists said Tuesday.

Thursday, 11 August 2011

Optimism among UK private property landlords continues to grow

Almost a quarter of landlords in the UK are feeling more optimistic about the prospects for their property portfolios, rental income and yields, according to a new survey.

Canada rates seen lower for longer; cuts unlikely

TORONTO (Reuters) - A dovish U.S. Federal Reserve will likely force the Bank of Canada to keep its interest rates lower for longer, but market bets on a Canadian rate cut by year-end are unlikely to pay off.

Wednesday, 10 August 2011

Housing could get boost from market chaos

The upside in a global stock market rout may ironically be a healthier housing market – at least in the short term, say economists.

Tuesday, 9 August 2011

Rwanda holds rates, upbeat on growth

Rwanda kept its key repo rate at 6.0 per cent on Tuesday to support lending in the central African nation and its central bank said economic growth in 2011 was likely to exceed an initial forecast of 7 per cent.

Monday, 8 August 2011

U.S. will take a long time to dig out of this hole

How to put this politely? While not a deadbeat, the U.S. is no longer among the world’s most creditworthy nations. America now has a lower credit rating than Liechtenstein. And the Toronto-Dominion Bank.
Mind you, that’s a matter of opinion.

Friday, 5 August 2011

World markets bleed

Investors are losing faith in the global economy and the policymakers in charge of keeping it afloat, putting the two and a half-year bull market in serious jeopardy.

Wednesday, 3 August 2011

Italian borrowing rates touch new record

MILAN - Italy's borrowing rates touched a new euro-era high Wednesday as a global market sell-off reignited fears that the debt crisis will engulf the eurozone's third-largest economy.

Tuesday, 2 August 2011

U.S. debt crisis averted as budget deal passes

WASHINGTON—America’s dismal debt crisis ended Monday night with an astounding twist — the show-stealing return of Arizona congresswoman Gabrielle Giffords, back on the House floor to cast a heroic vote to save the country from default.