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Friday, June 8
US trade deficit shrinks
by
Jet-to-Let Magazine
on Fri 08 Jun 2007 15:58 BST
The United States trade deficit shrank by much more than expected in April as the weak dollar kept the lid on import demand and pushed exports to a record level. The Commerce Department reported a deficit of $58.5bn (£29.7bn), 6.2% down from a revised March deficit of $62.4bn. Wall Street ... more »
London property market remains hot
by
Jet-to-Let Magazine
on Fri 08 Jun 2007 15:54 BST
The cost of the average London home has risen to just under £350,000, according to the latest FT house price index published on Friday, well above the £200,415 average for the rest of the country, indicating the growing wedge between prices in the capital and the regions. The FT index, ... more »
Dominic Farrell - Interest rates & Germany
by
Jet-to-Let Magazine
on Fri 08 Jun 2007 13:41 BST
Dear Investor, Interest Rates Global interest rates are clearly trending upwards and it was no surprise to see the ECB raising rates by 25bps to 4% yesterday. In line with expectations, the Bank of England has kept rates on hold in the UK, but given the economic data we shouldn’t ... more » |
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