The lone ranger Draghi is struggling to make Europe more competitive.So the currency , conveniently slipped on his comments. The other positive news arising out of slippage is the renewed fall in oil prices. With Chinese data unhelpful, Aussie and Kiwi had slipped too. These seem reflecting fundamentals.
The small bit of news that Singapore real estate is falling should trigger some concern. Australian, European and Middle Eastern (= Dubai) real estate could also be expected to retreat as the asset managers sell to protect values. LTV margins would also be under stress and real estate might see a move south.
Views without risk and responsibility.
The small bit of news that Singapore real estate is falling should trigger some concern. Australian, European and Middle Eastern (= Dubai) real estate could also be expected to retreat as the asset managers sell to protect values. LTV margins would also be under stress and real estate might see a move south.
Views without risk and responsibility.
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