Investment Property Worldwide.com
  • Introduction
  • Portugal
  • Bespoke Villas in Spain
  • SIPP details
  • Blog
  • Contact page

So, at long last it has happened!

10/10/2011

 
Following a summer in which Britain tripped on its own shoelaces in economic terms, the Bank of England has ridden to the rescue and announced another £75bn in quantitative easing.  
This could provide a much-needed shot in the arm. The BoE puts the impact of the previous round of £200bn quantitative easing (following the 2008 crash) at between 1.5 per cent and 2.0 per cent GDP. Of course, the bank cannot guarantee QE2 can provide an equal boost – but it is optimistic.  
(For blog followers that don’t know, quantitative easing is the process of injecting funds – hence, shot in the arm - into the market in hopes that businesses use the cash to invest. This then prompts economic growth.) 
BoE heroics aside, data from Britain in the last week has, in fact, been on the sunny side.  
Output in the dominant Services sector leapt to 51.1 last month according to the latest PMI - beating expectations of a decline to 48.9. This tells us that Services continues to expand in spite of the economic doom and gloom. In addition, the latest Price Producer Index (measuring the change in prices charged on domestic output) jumped to 1.7 per cent last month against 1.4 per cent forecasts. 
Turning to the Eurozone, economic conditions continue to resemble an old piece of bread that has been left in the sun too long: becoming rapidly mouldy.  
Last month, EU retail sales dived -1.0 per cent - collapsing more than 0.2 per cent expectations. In addition, German factory orders dropped -1.4 per cent. 
In fact, so dire has the situation become that French and German leaders Angela Merkel and Nicholas Sarkozy clubbed together over the weekend promising to announce a once-and-for-all solution to Eurozone woes at an upcoming G20 conference. The markets await this with baited breath.
In light of ongoing Eurozone turmoil, the US dollar has gone from strength to strength as investors flee to safe haven currencies.  
This is although economic data from the US has been tepid at best. For instance, the latest Non-Farm Payroll data (measuring new jobs created in non-agricultural areas) beat expectations – jumping to 103k last month against 73k forecasts. This though is beneath the 125k figure needed to reduce the US unemployment rate.

Currency dealings - link

    Author

    Investment Property Worldwide will try bring to you a diverse range of property, investment news.

    Archives

    October 2014
    January 2014
    July 2013
    June 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011

    Categories

    All
    2012
    5* Resort
    5 Star Resort
    Akbuk
    Akbuk Bay
    Algarve
    Algarve Coast
    Alternative Investment
    Alternative Investment
    Alternative Investments
    Alternative Investments
    Annuity
    Annuity Rates
    Asia
    Bakkan Oil Fields
    Bakkan Oil Fields
    Bank Discounted Property
    Banking
    Barbados
    Beach Club
    Belle Plagne Skiing
    Bespoke Villa
    Blu Hotel
    Boot Camp
    Britains Got Talent
    Buccament Bay
    Buccament Bay Resort
    Buy To Let Student Accommodation
    Care Homes
    Caribbean Resort
    Caribbean Resorts
    Cricket Academy
    Currency Exchange
    Currency Market
    Debt Management
    Debt Management Plan
    Discounted Properties
    Discounted Property
    Discounted Property.
    Economic Crisis
    Economic Recovery
    Economy
    Euro Bailout
    Euro Rate
    Euro Zone
    Excel Currency
    Finance
    France Skiing
    Fsa
    Gary Player
    Golf
    Golf Property
    Green Fees
    Greetland
    Guaranteed Return
    Guaranteed Return
    Harlequin
    Harlequin Air
    Harlequin Hotels
    Harlequin Hotels And Resort
    Harlequin Hotels And Resorts
    Harlequin Resorts
    Harmony Bay
    Healthcare Investment
    Help For Heroes
    Holiday Competition
    Holiday Inn Express
    Holiday Inn Investment
    Holiday Lets
    Holiday Scam
    Hotel Investment
    Hotel Investment
    House Market
    House Prices
    Housing
    Inflation
    Insured Investment.
    International Payments
    Investing In A Hotel Room
    Investing In A Hotel Room
    Investing In The Caribbean
    Investment
    Kerswell
    Lagos
    Landbanking
    Liverpool
    Liverpool Soccer Academy
    Loan Note
    Loan Note Investment
    Loan Notes
    London Riots
    Luxury Caribbean Holiday
    Marquis Estate
    Mini Hotel
    Mini Hotel
    Mini Motel Room Investment
    Mini Motel Room Investment
    Mmu
    Moneysupermarket.com
    Money Transfers
    Mortgage
    Mortgages
    Mortgages.
    Motel Investment
    Motel Investment
    Moving Overseas
    National Savings
    Off Plan
    Off Plan
    Oilfield Investment
    Oilfield Investment
    Padi 5 Star Status
    Paradise
    Pattaya Property
    Payment Protection Insurance
    Pension
    Pension Confidence
    Pension Funds
    Pension Investment
    Pension Investment.
    Pension News
    Pension Reform
    Pension Retrurns
    Pension Review
    Pension's
    Pension Shortfall
    Pension Transfer
    Performing Arts
    Place In The Sun
    Portugal
    Ppi
    Price Increase
    Property
    Property Market
    Property Recovery
    Property Search
    Property Sizes
    Qr Code
    Reduced Property
    Rental Market
    Resort Investment
    Retirement
    Retirement Age
    Return On Savings
    Rightmove Overseas
    Safe Havens
    Savings
    Scams
    Ses
    Sipp
    SIPP\\
    Sippable
    Sippable Products
    Sipp Investment
    Sipp's
    SIPP's
    Ski Lodge
    Ski Room Investment
    Spanish Property
    Standard & Poor
    State Pension
    Sterling
    St Lucia
    Student Accomodation
    Student Lets
    Student Pods
    Student Properties
    St Vincent
    St Vincent And The Grenadines
    St Vincents Airport
    Telegraph
    Thailand
    Tobago Cays
    Tourism Award
    Tourist Figures
    Travel Advice
    Travel Weekly
    Tripadviser
    Turkey
    Turkish Property
    Turkish Property Prices
    Urban Pads
    Usa North Dakota
    Usa North Dakota
    Website Qrcode
    West End Stars
    Western Algarve
    West Indies Cricket
    World Travel Awards
    Yorkshire Regiment

    RSS Feed

Powered by Create your own unique website with customizable templates.