Vegetarian Community

Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: turmoil Scarpe Ecco Casual italia


Senior Member

Status: Offline
Posts: 416
Date:
turmoil Scarpe Ecco Casual italia
Permalink  
 


FLASH: BRITAIN'S GREG RUTHERFORD WINS MEN'S LONG JUMP AT ATHLETICS WORLDS

 

 

 

SYDNEY, Oct. 10 (Xinhua) -- Australian parents are now digging deeper into their pockets to help their grown up children purchase their first homes.

 

Bloomberg reported Monday that more Australian parents are taking advantage of record-low interest rates to refinance their properties and help their grown-up children onto the housing ladder amid sky-rocketing house prices.

 

Digital Finance Analytics estimates the number of Aussies getting help from their parents had soared to more than half of the first-home buyers from just 3 percent six years ago.

 

Australia's housing rally has favored baby-boomers and locked out youth, compounding an inter-generational shift of wealth.

 

As the number of bank loans to first-time buyers dwindles, the average slice of cash handed to them by parents has almost quadrupled in the past six years, DFA said.

 

The downside, a market that the Reserve Bank of Australia (RBA) is already wary of, may get further inflated.

 

First-time buyers are "being infected by the notion that property is about wealth building, rather than somewhere to live," DFA principal Martin North said.

 

That "may be tested if interest rates rise later, or property prices fall from their current illogical stratospheric levels."

 

Sydney, where values have risen more than 90 percent since the end of 2008, remains the priciest city, it was last month named the world's fourth bubbliest market by UBS Group AG.

 

The boom is turning some homes into cash dispensers.

 

More than two thirds of owners that refinanced houses worth more than 750,000 thousand Australian dollars (569,786 thousand Australian dollars ) did so to extract capital for reasons including helping their kids.

 

Near the start of 2010, the average helping hand from parents was about 23,000 thousand Australian dollars (17,474 thousand U.S. dollars), today, it's more than 80,000 thousand Australian dollars (60,780 thousand U.S. dollars).

 

Aussie first-time buyers had a somewhat easier time a decade ago, thanks to government grants to help them enter the market. The assistance has since been scaled back.

 

All this is food for thought for RBA's chief Philip Lowe who has made it clear he'll be paying attention to asset bubbles in the near future.

 

TOKYO Ecco Moc 2.0 italia , Aug. 15 (Xinhua) -- While the Japanese economy continued its momentum of "moderate" expansion with the April-June period growth rate reaching a better-than-expected annualized 4.0 percent, economic analysts here pointed out that the continuous growth still faces a number of challenges.

 

Though Japan's huge stimulus measures and overall ultra-easy monetary policy have helped the world's third-largest economy to grow theoretically, such policies have a shelf life and such fragile foundations mean that the Japanese economy is still facing risks, challenges and headwinds in the weeks Ecco Soft 7 italia , months and years to come, said analysts.

 

MONETARY POLICY WANING

 

Japan's ultra-easy monetary policy over the last four years, the subsequent depreciation of the Japanese yen, coupled with robust exports Ecco Track 6 italia , are the key reasons for the nation's growth, said Zhu Yan, professor of economics at Takushoku University.

 

The Bank of Japan (BOJ) has injected massive liquidity into the market by purchasing large amounts of Japanese government bonds since it decided in 2013 to target an inflation rate of 2 percent.

 

By February 2017, Japan's monetary base had reached 434 trillion yen (3.95 trillion U.S. dollars) Ecco Jeremy italia , 3.8 times of that compared to the end of 2012, and equivalent to some 80 percent of Japan's GDP.

 

The depreciation of the yen, as a result of the loose monetary policy, boosted the performance of Japanese enterprises Ecco Gtx italia , as well as the stock market and the real estate market.

 

This consequently lifted the income of employees of big corporations and domestic consumption. Corporations also increased investment in research and investment. Hence the recovery of Japan's economy, according to Zhu.

 

However, with the effects of the monetary policy gradually waning, risks and side effects have become more obvious Ecco Toe Tie italia , according to Zhu and other analysts including Katsuyuki Hasegawa, chief market economist at Mizuho Research Institute.

 

The risks come from both home and abroad. Domestically, a spate of scandals has plunged Japanese Prime Minister Shinzo Abe's cabinet support rate to below 30 percent at one point, and damaged the political cohesiveness of the government.

 

Political instability could prevent the government from addressing pressing economic and trade issues and hurt investors' confidence in Japan Ecco Sneakers italia , according to Hasegawa.

 

Japan is also facing risks from overseas factors, such as further interests rate hikes from the U.S. Federal Reserve or the European Central Bank, the trend of protectionism in the world, as well as the situation on the Korean Peninsula.

 

In times of geopolitical tensions or turmoil Scarpe Ecco Casual italia , investors are quick to switch out of riskier assets like stocks and into safe havens like gold and the yen, analysts said.

 

This subsequently sees the yen spike against basket of other major currencies, which hurts Japan's key export sector which relies on a weak yen to boost profits when they are repatriated from overseas, they added.

 

In addition Ecco Dress italia , rising geopolitical tensions can also wreak havoc on the stock market, as investors not switching to safe havens tend to dump stocks or hit the sidelines indefinitely until positive cues are seen.

 

FRAGILE BALANCE

 

Another cause of potential risk to the Japanese economy is the huge financial debt of the Japanese government which is like a ticking bomb, according to analysts.

 

Xing Yuqing, professor at the National Graduate Institute for Policy Studies of Japan Ecco Sandali italia , said that in the past four years, the ratio of th.



__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse
Powered by ActiveBoard