Financial Markets - Real Estate Investor Pulse

Dollar dips as producer prices cool, euro hits one-year high

April 14, 2023 Mark Paul Cervantes Comments Off

The Dollar fell to a two-month low against a basket of currencies and a one-year low against the euro on Thursday after U.S. producer prices unexpectedly fell in March, boosting expectations that the Federal Reserve […]

Airbnb Stock: Is It A Buy Or Sell? Here’s What Fundamentals, ABNB Stock Chart Action Say

April 12, 2023 Mark Paul Cervantes Comments Off

Airbnb stock has intrigued investors searching for the best growth stocks since its debut in December 2020. From an initial public offering price of $68 per share, ABNB soared 223%. The Nasdaq-listed large cap hit an all-time high […]

Stock Market Fades Late Ahead Of Key Inflation Report; Homebuilders Surge As Skechers Scores Breakout

April 12, 2023 Mark Paul Cervantes Comments Off

Major stock indexes were on pace for their third straight close near session highs Tuesday. But sellers came into the stock market during the final half hour of trading as Wall Street grew jittery ahead of a […]

Diaspora Zimbabwen find safe haven in US dollars and real estate

April 12, 2023 Mark Paul Cervantes Comments Off

Banks too have been foraying into mortgage-based property developments targeted at Zimbabwean expats settled in countries such as South Africa and the UK. The Financial Sector Reform Initiative says that “Zimbabwe is at heightened risk […]

Dollar slips ahead of US inflation data, still hits month high against yen

April 12, 2023 Mark Paul Cervantes Comments Off

SINGAPORE – The Dollar dipped on Wednesday against most major currencies, with the exception of the yen, with investors expecting U.S. inflation data out later in the global day to hold some clue on how […]

Blackstone raises more than US$30 billion for giant real estate fund

April 12, 2023 Mark Paul Cervantes Comments Off

BLACKSTONE has closed on its largest global property drawdown fund, targeting opportunistic deals across sectors such as rental housing, hospitality and data centres. The company secured US$30.4 billion of total capital commitments for the fund, […]

No escape from the zero lower bound for top central banks, IMF says

April 11, 2023 Mark Paul Cervantes Comments Off

WASHINGTON, April 11 of COVID-19, with advanced economies again within sight of the “zero lower bound” and developing countries seeing rates in steady decline, the International Monetary Fund said in a new analysis of whether […]

US Equity Indices Drop As Traders Reassess Fed Hikes: Rate-Sensitive Real Estate, Tech Stocks Underperform

April 11, 2023 Mark Paul Cervantes Comments Off

The week kicked off with a significantly different and more risk-averse tone than the one that surrounded the U.S. stock market over the last month. Following Friday’s robust labor market data, traders have repriced the Fed’s rate path […]

American offices are half-empty. That could be the next big risk for banks

April 11, 2023 Mark Paul Cervantes Comments Off

LondonCNN — From Dallas and Minneapolis to New York and Los Angeles, offices sit vacant or underused, showing the staying power of the work-from-home era. But clear desks and quiet break rooms aren’t just a headache for bosses eager to gather teams […]

U.S. Dollar Gains as May Hike Bets Rise, but Rates Outlook May Hinge on Inflation Data

April 11, 2023 Mark Paul Cervantes Comments Off

The U.S. Dollar, as measured by the DXY index, started the week on a positive note, rallying more than 0.65% to 102.75, bolstered by risk-off sentiment and higher U.S. treasury rates in a session characterized […]