by Bloomberg News

– Jitters surrounding London property are finally starting to show up in home prices

– Brexit uncertainty, rising interest rates, higher sales tax and stretched affordability

– Islington suffered the biggest declines, with home prices falling 7.8 pct in 12 months as per official data

– Surveys have shown declines for several months, but now the end of the boom is clear in official statistics too according to Bloomberg analysis

Business Finance

London median, Islington, Wandsworth & Southwark prices. Must See Interactive Graphic Piece From Bloomberg News

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News and Commentary

Gold inches down on rate hike views, trade worries (Reuters.com)

China’s record trade surplus with U.S. adds fuel to trade war fire (Reuters.com)

Behemoth gold nugget, possibly biggest in recorded history (News.com.au)

Nowhere to Hide In Crypto as Digital Asset Ties Tighten in Slump (Bloomberg.com)

Deutsche Bank Top Investor HNA Is Said to Plan Exiting Stake (Bloomberg.com)

Foreign exchange market

Source: @CharlieBillelo

Is gold set for a much brighter future? (TheNational.ae)

Financial crisis upturned politics – and it’s not done yet (MoneyWeek.com)

Major Currencies All Over The World Are In “Complete Meltdown” As The $63 Trillion EM Debt Bubble Implodes (TheEconomicCollapseBlog.com)

Tensions With Russia Are Higher Now Than During the Cold War Risking War – PCR (PaulCraigRoberts.com)

Even Mortgage Lenders Are Repeating Their 2006 Mistakes (DollarCollapse.com)

How the Great Recession turned America’s student-loan problem into a $1.5 trillion crisis (MarketWatch.com)

Gold Prices (LBMA AM)

07 Sep: USD 1,200.75, GBP 928.30 & EUR 1,031.32 per ounce

06 Sep: USD 1,204.30, GBP 931.65 & EUR 1,035.82 per ounce

05 Sep: USD 1,194.70, GBP 932.46 & EUR 1,031.74 per ounce

04 Sep: USD 1,195.75, GBP 932.57 & EUR 1,034.20 per ounce

03 Sep: USD 1,201.70, GBP 933.00 & EUR 1,035