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Realistbear

Bank Of Japan I R Hike Now Imminent

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http://edition.cnn.com/2006/BUSINESS/04/27...reut/index.html

Japan prices point to rate move

Friday, April 28, 2006 Posted: 0245 GMT (1045 HKT)
TOKYO, Japan (Reuters) -- Japanese consumer price inflation stayed at its highest in eight years in March, with advance April data for the Tokyo area showing a further pick-up, reinforcing expectations the Bank of Japan may soon raise interest rates.
Separate government data also released on Friday showed industrial output was stronger than expected in March, while the unemployment rate remained at an eight-year low of 4.1 percent.

With China already talking about another hike to quickly follow yesterday's surprise move the world trend in much higher IR is gaining momentum. TTRTRates in the UK soon? :o

( :D )

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http://edition.cnn.com/2006/BUSINESS/04/27...reut/index.html

Japan prices point to rate move

Friday, April 28, 2006 Posted: 0245 GMT (1045 HKT)
TOKYO, Japan (Reuters) -- Japanese consumer price inflation stayed at its highest in eight years in March, with advance April data for the Tokyo area showing a further pick-up, reinforcing expectations the Bank of Japan may soon raise interest rates.
Separate government data also released on Friday showed industrial output was stronger than expected in March, while the unemployment rate remained at an eight-year low of 4.1 percent.

With China already talking about another hike to quickly follow yesterday's surprise move the world trend in much higher IR is gaining momentum. TTRTRates in the UK soon? :o

( :D )

In other words: re-arrange the following to make what will soon be a well known phrase or saying:

"Carry trade unwinding means the, cheap money end of,a HPC leading to."

This development is more significant than some may think.

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Go. To. Bed.

:D

Pehaps he's an early Riser!

Morning :) RB

PS. Wot a luvley post to wake up to.

Edited by Baz63

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Pehaps he's an early Riser!

Morning :) RB

PS. Wot a luvley post to wake up to.

Top of the morning to fellow HPCers! I am in Texas for a few days and jet lag is wreaking havoc so its time to review today's good news. :) Overall, it seems that we are seeing more bearishness coming from the press with the VIs tending to reach back further and further into history to spin out the good news for awhile longer.

It seems that the US and UK are in the same precarious position with regard to IR. Both economies have high levels of spending going on at the same time as HPI is stagnating or going down which you would expect to lower consumer confidence--which is has not--apparently. I think the public are spun out by the VIs and there is a great deal of confusion in the market.

The local reports on the US economy are extremely bullish with GDP far stronger than the UK or EU yet the $ is falling. Japan's economy is likewise extremely strong and yet the Nikkei goes ballistic on the on-again-off-again IR talk from the BoJ. The Korean market collapsed today following the hawkish comments on IR from China and India sustained a 4% crash before recovering later in the day.

Oil is down $4 a barrel and Iran is talking about developing "energy sources" with fellow Muslim nation Indonesia. If like-minded nations can stick together they can begin a new cold war standoff where the first one to blink gets evaporated. :o

Could all this turmoil be telling us something nasty is brewing? Conundrums abound and central bankers seem to be lost--or at least the commentators trying to work out what they will do next seem to be.

My only thoughts are that we are entering a new phase of the economic cycle and some turmoil is breaking out. Cash seems to be a good investment these days. :blink:

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My only thoughts are that we are entering a new phase of the economic cycle and some turmoil is breaking out. Cash seems to be a good investment these days. :blink:

Yep indeedy - deflation dead ahead.

Yours, a crazy fiat AND gold bull !!!! ;)

Edited by vinny

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Yep indeedy - deflation dead ahead.

Yours, a crazy fiat AND gold bull !!!! ;)

Word must already be out among the non-sheeple:

http://www.insidebayarea.com/business/ci_3762163

Money funds fine receptacles
IT'S HARD to believe that just 17 short months ago I was hyping money market mutual funds for their "attractive" yields of about 1.5 percent. How times have changed over that short period, which really means: How interest rates have climbed!
With rates soaring sharply to about 4.5 percent and headed to 5 percent, thanks to the Federal Reserve, money fund assets are currently $2.05 trillion, up from $1.8 trillion in November 2004,
an increase of better than $2 billion a day.

A LOT of investors are going to cash it seems.

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Word must already be out among the non-sheeple:

http://www.insidebayarea.com/business/ci_3762163

Money funds fine receptacles
IT'S HARD to believe that just 17 short months ago I was hyping money market mutual funds for their "attractive" yields of about 1.5 percent. How times have changed over that short period, which really means: How interest rates have climbed!
With rates soaring sharply to about 4.5 percent and headed to 5 percent, thanks to the Federal Reserve, money fund assets are currently $2.05 trillion, up from $1.8 trillion in November 2004,
an increase of better than $2 billion a day.

A LOT of investors are going to cash it seems.

In general it is best to avoid money markets during times like these.

However, turning over high quality short term debt should make satisfactory returns versus alot of other investments in the comming years.

Buying fixed price, fixed yield government bonds might be the way to go - but even this has a risk of default.

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  • 301 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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