Tags » 1.Market Observations

11 Aug 2018 (BBC online) - Trump doubles metal tariffs on Turkey as lira falls by 20pc

(11 August 2018, BBC News online)

‘President Donald Trump has doubled US tariffs on Turkish steel and aluminium, as the precipitous fall of the Turkish lira accelerates. 64 more words

1.Market Observations

11 Aug 2018 (CNBC online) - Turkey fallout could continue to hit global markets, as Erdogan 'hangs tough'

(11 August 2018, CNBC online, Patti Domm)

‘Turkey’s collapsing currency and reeling economy have fallout for other emerging markets and expose vulnerabilities at some European banks, but strategists do not now see it as a trigger for a broader banking or financial crisis. 85 more words

1.Market Observations

11 Aug 2018 (AFR) - ASX closes higher for the week on positive earnings

(11 August 2018, AFR, p32, by William McInnes)

‘The Australian sharemarket has closed the week higher, lifting on the back of three positive sessions and coming within a few points of a fresh 10-year high.  51 more words

1.Market Observations

11 Aug 2018 (AFR) - European Central Bank fears exposure of euro zone banks as Turkish lira plunges

(11 August 2018, AFR, p13, by Tuvan Gumrukcu)

Ankara | The European Central Bank has grown concerned about the exposure of some euro zone banks to Turkey following the lira’s plunge, the… 53 more words

1.Market Observations

9 Aug 2018 (AFR) - New Google search index shows increased interest in home buying

(9 August 2018, AFR, p34, by Su-Lin Tan)

‘An uptick in Google searches for housing could indicate a reviving interest in home buying, the new “ANZ Housing Search Index” shows. 63 more words

1.Market Observations

9 Aug 2018 (AFR) - Mortgage lending dips in June, investor loans fall to lowest in nearly five years

(9 August 2018, AFR, p34, by Michael Bleby)

‘Investor home loans fell to their lowest level in nearly five years in June, paving the way for housing prices to weaken further as investors pulled back from the market in search of better returns elsewhere.  55 more words

1.Market Observations

8 Aug 2018 (AFR) - Apartment building contracts at fastest pace in five years, new orders drop: PCI

(8 August 2018, AFR, p39, by Michael Bleby)

‘Apartment building contracted at its fastest pace in five years in July and new orders also hit the brakes, prompting warnings the… 59 more words

1.Market Observations