US market slips as jobs data fails to impress
The US dollar is set to end the week with a cushioned thump now that the markets believe interest rates will remain low for longer.
Twist in the tale of BoE rates (+video)
The prospects of an early UK interest rate rise receded yesterday, after the Bank of England left borrowing costs at a record low of just 0.5%.
CD South Africa: US dollar takes a pounding
Isn't it refreshing to see a currency other than the rand struggling?
Sterling powered up for Super Thursday (+video)
A resurgent pound cancelled out most of its January losses, rising sharply against the US dollar as services Purchasing Mangers’ Index data for January exceeded expectations.
CD South Africa: Rand roller-coaster continues
The rand is back under 16/$, this time thanks to New York Fed Governor William Dudley who stated that financial conditions are "considerably tighter than expected."
Foreign owners are flocking to sell Florida properties
Many communities near the Disney area are “zoned for short term rentals,” which make them the ideal foreign investment. Not only do they offer investors a regular vacation destination, but they can generate a healthy income from rentals.
Markets remain nervous (+video)
Risk momentum continues to be shaky, with stock markets dipping yesterday. The move was likely triggered by oil prices falling once again and confirmation from the Exxon Mobile Corporation of its weakest annual results in over ten years.