Where are property prices rising the most?

House prices in the UK are soaring – anyone trying to get their foot on the property ladder right now will attest to that. But Britain is the not the only place where people are shelling out even more for a home than they had to last month. Global property prices are on the rise, according to a measure of values around the world, but there are pockets of resistance where there are bargains to be found. The good news for anyone...

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Safe havens in vogue

Growing concerns about the standoff in Ukraine are spurring safe haven demand as markets look nervously to Sunday’s disputed referendum in the Crimea. Reports of Russian troop movements and escalating threats of western sanctions are also contributing to a sense of anxiety. Secretary of state John Kerry is due to meet his Russian counterpart, Sergei Lavrov, for talks in London today (March 14th). Japan’s yen and the Swiss franc both...

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Aussie dollar lower, euro near 2-year high

Australia’s dollar edged lower on Monday (March 10th) after disappointing Chinese data weighed on the currency. AUD/USD slipped 0.4 per cent to 0.9033 as figures showed Chinese exports last month fell 18.1 per cent from a year before. Sterling was also higher, with the GBP/AUD exchange rate up 0.25 per cent at 1.8481, erasing some of the Aussie’s gains last week. Meanwhile, the euro was trading close to the two-and-a-half year high...

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Head to Belfast for value for money

While a new report shows that Singapore is the most expensive city in the world, we thought it was worth checking out some of the cheaper areas to live. One place that comes up high on the list for value for money is Belfast, the up-and-coming capital of Northern Ireland. Compared with some of the top cities on the list, Belfast is a snip. Not only are house prices in Northern Ireland as a whole still around half the level seen before...

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Central banks running out of options?

Australia’s dollar neared a three-month high this week after the country’s top central banker said talking down the currency can only achieve so much. Indeed after several years of loose policy, the law of diminishing returns is in clear evidence. So are central banks running out of room for manoeuvre? Speaking this week, Reserve Bank of Australia (RBA) governor Glenn Stevens said the exchange rate is “high by historical...

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Local SA data will rule this week

This week is packed to the rafters with significant local releases, so make sure you gauge the level of risk you’re prepared to take on well ahead of the releases. The line up is Q4 GDP for 2013 on Tuesday, Finance Minister Pravin Gordhan’s budget speech on Wednesday, SA Production Price Index on Thursday and Balance of Trade on Friday. For today however, the plan is to bask in the weekend’s victory over the Aussies...

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