CNNMoney: Foreclosures fall in most U.S. cities

Foreclosures fall in most U.S. cities
By Les Christie July 28, 2011: 8:46 AM ET

NEW YORK (CNNMoney) -- Foreclosures declined in more than 84% of U.S. metro areas during the first half of the year, according to the latest report from RealtyTrac, an online marketer of foreclosed properties.

Bloomberg: Existing Home Sales in U.S. Rose 2.4% in June

Related News: Bloomberg, Real Estate, US, Economy
Existing Home Sales in U.S. Rose 2.4% in June
By Bob Willis - Jul 28, 2011 11:28 PM GMT+0900

The number of contracts to purchase previously owned U.S. homes unexpectedly rose in June as buyers tried to take advantage of lower prices and borrowing costs.

CNNMoney: This isn't 2008 again. Or is it?

This isn't 2008 again. Or is it?
By Paul R. La Monica July 28, 2011: 2:00 PM ET

NEW YORK (CNNMoney) -- Call it stubbornness, willful ignorance or what have you. But many market experts still don't think that the current debt ceiling crisis is anything remotely as scary as the summer and fall of 2008.

WSJ: Warnings Feed Europe Debt Fears

MARKETS JULY 28, 2011
Warnings Feed Europe Debt Fears
Germany's Finance Minister Says Crisis Isn't Over; Credit Ratings on Cyprus and Greece Downgraded
By GEOFFREY T. SMITH And TERENCE ROTH

LONDON—Sober warnings that the European debt crisis didn't end with last week's summit of European Union leaders reignited concerns of contagion risks on Wednesday, boosting borrowing costs for high-debt governments and pressuring the euro.

CNNMoney: Economy still stuck in the mud

RECOVERY AT RISK
Economy still stuck in the mud
By Annalyn Censky @CNNMoney July 28, 2011: 5:25 AM ET

NEW YORK (CNNMoney) -- Despite a pick-up in growth at the end of last year, the economy has taken a hard turn for the worse in the last few months.

German Consumer Prices: Unexpectedly strong inflation pressures

German Consumer Prices: Unexpectedly strong inflation pressures

A higher than expected reading on German consumer price inflation is another indication that underlying price pressures in Germany are rising.

BNP: Impact of US Downgrade

A one-notch downgrade would not cause forced selling of USTs. Still, there could be a re-pricing, with UST rates rising by 25bp or more in long maturities

Office Market Frankfurt - Q2 2011

Office Market Frankfurt - Q2 2011

With an office space turnover of 230,200 sq m, the first half of 2011 was just under the result of the previous year (-0.4%). In contrast to the previous year when the proportion of owner-occupied transactions was at a high level, the first half result of the current year was characterised by a relatively low proportion of 10%.

Author(s): several
Source: CB Richard Ellis
Published: 27.07.2011

http://www.immopro24.com/market-report/office-market-frankfurt-q2-2011_1020.html

Japan: V-shaped recovery is now more than complete for Japanese consumers (T. Okubo)

V-shaped recovery is now more than complete for Japanese consumers

Retail sales in Japan jumped by 2.9% month on month (mom) in June, sizably stronger than the prior market expectation (E 1.5%).

CNBC: What Happens if the U.S. is downgraded?

What Happens if the U.S. is downgraded?
John Carney, CNBC, 2011-07-27

Implications of a US Downgrade