September 2018

UBS made the list of cities with high probability of property market bubble

September 28, 2018 - 11:45
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UBS made the list of cities with high probability of property market bubble

Hong Kong is leading in the list of cities with high probability of property market bubble, Bloomberg reports with the reference to UBS Group AG.

Munich, Toronto, Vancouver, Amsterdam and London follow Hong Kong in the Global Real Estate Bubble Index of UBS, which includes 20 major world centers.

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Wall Street is rising amid optimistic economic outlook

September 28, 2018 - 09:50
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Wall Street is rising amid optimistic economic outlook

Wall Street rose on Thursday due to growth of Apple, Alphabet and Facebook, as well as confidence of US Fed in country’s economy expressed in third interest rate hike this year, Reuters reports.

Eight out of eleven sectors of S&P 500 were up. Recently renamed and reorganized communication sector increased by 0,8%.

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French government is getting ready to sell its stake in Air France KLM

September 27, 2018 - 15:51
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French government is getting ready to sell its stake in airline Air France KLM

French government is getting ready to sell its stake in airline Air France KLM, which equals to 14% as of today, Reuters reports with the reference to Financial Times.

Supporting airline is quite expensive activity for the state that has other areas to spend its money on.

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Stocks fall after US Fed rates hike: Market News

September 27, 2018 - 12:30
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Stocks fall after US Fed rates hike: Market News

According to Bloomberg, shares in Europe and Asia are sliding today as investors are evaluating future rates hikes by the US Fed.

Euro lost 0,2% falling together with Italian bonds and British pound. Dollar is rising with Bloomberg Dollar Spot Index gaining 0,3%. Turkish lira is up 0,4% to 6,0876 per dollar.

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