Speculative investors moving large sums of money are those who influence how currency markets are behaving and this week they are starting out in a positive and risk taking mood. In currency terms, this means that currencies seen on the risky side, such as the Euro, are strengthening at the expense of the safe-haven currencies including the US Dollar, Japanese Yen and Swiss Franc.
Why has this happened? A spate of positive data has shored up investor confidence that the global economy may in fact be recovering rather than heading for the much feared double dip recession.
Para aquellos interesados en el yoga, pueden asistir a las clases de Brice Canipel. Las clases son pequeñas, por lo que cada asistente recibe una atención personalizada. Los ejercicios se hacen de forma segura y llegando al propio límite de cada uno. Él consigue que todos se sientan cómodos.
Las clases son en Motril, Salobreña y Almuñecar con el siguiente horario:
Motril: los martes y jueves desde las 18h hata las 19h30 cerca del hospital santa Ana.
For those of you interested in yoga classes, there is a wonderful, multi-lingual teacher offering classes in Motril, Salobrena and Almunecar.
Brice Canipel is French and speaks English and Spanish fluently. Classes are small, so each student receives a lot of personal attention to make sure everything is being done safely and that you are pushing yourself to your own limit. He makes everyone feel comfortable and welcome. The classes in Motril will be held Tuesday and Thursday from 18.00 to 19.30. They will be held near the Santa Ana Hospital. Classes begin on Tuesday, 14 September 2010.
Currency movements continue to be dominated by the talk and data surrounding how fast economies seem to be growing or slowing. Last week saw a frenzy over speculation of a double dip recession with increasing signs of slowing economies particularly in the US and UK. This caused a boost in safe haven currencies but the new week is starting out on a different foot with the Yen, Swiss Franc and US Dollar sliding down from their highs.
The key piece of information which has caused a turn in the rates between this week and last was US jobless figures on Friday.
Similarly to last week, currency movements in all major currencies this week are likely to be dominated by economic news coming out of the USA.
There is a continuing trend of poor US data bringing down currencies seen as risky – particularly the Euro, and pushing up currencies seen as ‘safe’ including the Japanese Yen and US Dollar itself; news from the US is continuing to be seen as a key indicator of the global situation in general which means that negative data from the nation is ironically not bringing down the Dollar.
This week is beginning with a lot of uncertainty in the currency markets with a weak Euro, strong Pound and volatile US Dollar… which could all change by the end of the week.
An already weak Euro has experienced some negative data this morning regarding the manufacturing sector in the single-currency zone. This follows its fall to a one month low against the US Dollar and a seven week low against the Pound as the French President has been preparing the nation for the most severe round of budget cuts in two decades.
Many people ask what the benefits of being a fiscal resident of Spain are. This is a complicated question and an important one. It is best to discuss this with a specialised tax consultant as every one´s personal situation is unique, but in general there are advantages to being a resident of Spain, especially when it comes time to sell.
The first advantage is that there is no retention for residents at the point of sale, whereby for non-residents there is a retention of 3% of the purchase price.
From the 23rd to the 27th of August you will get the chance to get to know a lot of different and new fragrance and essences.
If you want to know about how to create a fragance and what its all about the "nose work" come and find out!
Come to the Casa de la Cultura in Almuñecar and enjoy new aromas:)
The admission is free. For more information contact the Tourist Office at : 958 63 11 25 or send an e-mail to: firstname.lastname@example.org
From the 2nd to the 7th of August the Trends Festival offer once again the most national and international ecletic music and art.
You can enjoy the only folk concert in Andalusia of the Canadian Melissa Laveaux as weel as the spanish pop singer Nacho Vegas and the spectacular acrobatic work of the Atempo Circ.
Price: from 12,50 € to 17,50 €
Several shops at La Herradura and some artists living in the tow offered throughout the summer an outdoor exhibition with a particular flair.
It is an artistic journey through a different way to enjoy art, under the title 'Artecalle' from July to September.
Place: Paseo Andrés Segovia at La Herradura