Dominant themes from 2004 continue to impact global markets, including UK house prices, demand from ...
Dominant themes from 2004 continue to impact global markets, including UK house prices, demand from China, the direction of global interest rates and the weak US dollar. According to Gerrards' economist Jim Wood-Smith, daily gyrations in global markets will continue to be directed by the rises and falls in the price of oil, the health of the dollar and by employment statistics and consumer confidence in the US. Barclays Global Investors (BGI) believes the UK and European markets look unappealing as a result of a weak consumer and expected weak economic growth. Haydn Davies, chief economi...
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