Mike Paterson’s daily Forex brief
It seems like the Eurozone is bracing itself for the Greeks pulling out after their failure over the week-end to put together a government and Syriza has ruled out forming a coalition
Business & Finance
So, why can’t you afford to buy a house?
Here we are in the great 21st century and the average inhabitant of the UK can’t buy an average house. Now why would that be?
More market jitters as JP Morgan announce $2 billion credit derivatives loss
Mike Paterson’s daily Forex brief
Markets had another case of the jitters in late NY trading when US banking giant JP Morgan announced $2 billion losses on its “synthetic” credit derivatives trading,
Money on Toast, the new financial supersite
Many people use different websites for different aspects of their financial affairs. This can be cumbersome but a new website has been launched that wants to give the UK online financial services a shake-up by doing everything from one site.
BOE leaves interest rates at 0.5% and QE on hold at £325 billion
The Bank of England’s Monetary Policy Committee decided today to keep interest rates at their historic low of 0.5% and to maintain the asset purchase programme at £325 billion.
Eurozone fears remain and Pound trims recent gains
Mike Paterson’s daily Forex brief
Eurozone fears remain and GBP trims its recent gains ahead of UK data and interest rate/QE decisions.
Greece is the word as Eurozone remains firmly in the spotlight
Mike Paterson’s daily Forex brief
The Euro faces a tough examination over the next few days and weeks as recent complacency gives way once again to real fears of political and economic melt-down.
Euro falls on post-election jitters and GBP surges when we least need it
Mike Paterson’s daily Forex brief
After socialist victories in France and Greece the repercussions on Franco-German relationship and fears of Greece not adhering to the conditions of their bailout,
Markets stutter after French and Greek elections
The French electorate has given us the first socialist president of France for thirty years and Greece has been left in an even more volatile position with no party having a clear majority.
House prices fell 0.6% in March says the Land Registry
The latest house price index from the Land Registry, which covers England and Wales, shows that the price of an average house fell by 0.6% between February and March and 0.6% over the preceding year.
UK manufacturing growth slows
A leading index indicates that manufacturing growth in the UK, despite still being in positive territory, has slowed below expectations as new export orders have fallen at the fastest rate since May 2009.
House prices rise 3%
UK house prices have risen by 3% in the first three months of 2012 according to a leading house price index.
The House Price Watch from Assetz puts the price of an average house in March at £202,017.
