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  • US: Durable Goods Orders: 3.300 % (FXstreet.com: Latest Economics Events)
  • US: Durable Goods Orders ex Transportation: 1.300 % (FXstreet.com: Latest Economics Events)
  • IT: Wage Inflation (MoM): 0.300 % (FXstreet.com: Latest Economics Events)
  • UK: BBA Mortgage Approvals: 32.200 (FXstreet.com: Latest Economics Events)
  • TR: Foreign Arrivals: 13.000 % (FXstreet.com: Latest Economics Events)

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The list, compiled annually by The Economist Intelligence Unit, is based on a study of 140 cities around the world. It rates cities across five areas: stability, healthcare, culture and environment, education and infrastructure.
Vancouver managed to score 98 points out of 100 mainly thanks to its high standards in terms of healthcare and education. It [...]

 
Are the markets really comparing the chances of an interest rate rise in the Euro zone with the chances of a rise in the UK or US? 
So what is Germany’s inflation is growing – there are 21 other states to consider (Inc the principalities). Spain has 20% unemployment! 
Whilst inflation can be measured in each EU [...]

Some interesting observations … read more

For property developers interested in investing overseas, British couples looking to retire abroad, or businesses needing to import goods from Europe, the big question remains – to buy or not to buy?…read more

Mervyn King gave a very interesting speech last May to the Cass Business School, City University, where he said the following…

Foreign exchange is like a bouncy castle if each currency and even country represented a tube in the castle floor – you cannot put pressure in one area without it effecting A) The area with least resistance on it and B) To a lesser degree the rest of the castle.