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FTBagain

A Rock And A Hard Place

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IR rise in Japan is now looking like it could happen sooner rather than later.

http://news.bbc.co.uk/1/hi/business/4898166.stm

And Oil prices approaching record levels;

http://news.bbc.co.uk/1/hi/business/4898196.stm

And the BRC reports that it all hangs on Easter Weekend. Here's hoping for a cold weekend. :huh:

http://news.bbc.co.uk/1/hi/business/4897924.stm

The Rock and a Hard Place appears to be getting even more painful for the MPC.

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Guest Riser

The Japanese have more spin than Greenspan. They were going to raise rates last month and we got headlines about the end of the carry trade, now they have left them on hold for a second month, I just wish they would get on with it. An increase in Japanese rate could be the only thing left which will cause gold to pause and give me a chance to reload my longs.

As for house prices here in the UK I don't think much will change until rates start to move up and even then there will be a lag of around 10 months before we start to see sustained falls >1-2% per month. The longer the MPC put off increasing rates the more downward market pressure will build behind their false economy and the faster the correction wil be. When it eventually comes there will be one hell of a housing market crash :D

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I read a report from the Head of the BoJ last week and he was suggesting the end of the year before rates rise. If todays expectations come to pass then the summer will definately be an improvement from our perspective.

As for the spin, suspect that was sourced from Western Observers, Wall Street etc..

Nevertheless, the end is nigh, :) I hope. <_<

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  • 336 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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