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Realistbear

I R Hiking Frenzy Spreads Over Asia To Combat Inflation

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http://www.voanews.com/english/2006-05-03-voa17.cfm

Higher Asia Interest Rates to Fight Inflation, Oil Prices

By Heda Bayron

Hong Kong

03 May 2006

As crude trades past $74 a barrel,
oil-importing Asian governments
are not taking any chances with inflation. Experts say Asian economies will weather high oil prices,
but interest rates will have to go up.

With the Fed IR soaring up up and away and the ECB due to begin tightening the screw it seems that Gordon will not be able to underpin his miracle economy based on HPI and MEW much longer?

http://freeserve.advfn.com/news_Fed-funds-...s_15251628.html

Fed funds futures see higher chance of continued rate hikes

NEW YORK (AFX) -- The fed fund futures market is pricing in a higher
probability of continued interest rate hikes by the Federal Reserve, after cable
channel CNBC reported late Monday that Fed Chairman Ben Bernanke reportedly felt
the media had misinterpreted his comments last week to mean that the Fed would
pause after one more rate hike. The June futures contract still implies a fed
funds rate of 5.01%, which suggests a 100% chance of a quarter percentage point
rate hike after the Fed's policy setting meeting on May 10. But the July
contract is now pricing in a 71% chance that fed funds will be at 5.25% after
the next 2 Fed meetings, vs. a 66% chance on Monday. The CNBC report surfaced
after the fed funds futures market closed on Monday.

As the now worldwide hiking frenzy builds we may well see some pre-emptive hikes in the UK much sooner than Gordon would like.

:o

Edited by Realistbear

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http://www.voanews.com/english/2006-05-03-voa17.cfm

Higher Asia Interest Rates to Fight Inflation, Oil Prices

By Heda Bayron

Hong Kong

03 May 2006

As crude trades past $74 a barrel,
oil-importing Asian governments
are not taking any chances with inflation. Experts say Asian economies will weather high oil prices,
but interest rates will have to go up.

With the Fed IR soaring up up and away and the ECB due to begin tightening the screw it seems that Gordon will not be able to underpin his miracle economy based on HPI and MEW much longer?

http://freeserve.advfn.com/news_Fed-funds-...s_15251628.html

Fed funds futures see higher chance of continued rate hikes

NEW YORK (AFX) -- The fed fund futures market is pricing in a higher
probability of continued interest rate hikes by the Federal Reserve, after cable
channel CNBC reported late Monday that Fed Chairman Ben Bernanke reportedly felt
the media had misinterpreted his comments last week to mean that the Fed would
pause after one more rate hike. The June futures contract still implies a fed
funds rate of 5.01%, which suggests a 100% chance of a quarter percentage point
rate hike after the Fed's policy setting meeting on May 10. But the July
contract is now pricing in a 71% chance that fed funds will be at 5.25% after
the next 2 Fed meetings, vs. a 66% chance on Monday. The CNBC report surfaced
after the fed funds futures market closed on Monday.

As the now worldwide hiking frenzy builds we may well see some pre-emptive hikes in the UK much sooner than Gordon would like.

:o

There is no inflation in the UK whatsoever. :lol: If inflation existed at all and there were any problems the government would tell us. In any case everyone would be buying up gold if there were a problem.

Keep the reports coming. Superb.

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US rates:

10-YEAR TREASURY NOTE (WCB:^TNX) Delayed quote data Edit

Index Value: 51.67

Trade Time: 11:35AM ET

Change: Up 0.57 (1.12%)

Prev Close: 51.10

Open: 51.24

Day's Range: 51.20 - 51.67

52wk Range: 3.80 - 5.14

1.12% on the 10 year in one day? :o

Edited by Realistbear

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Enormous increase in US factyory orders seal IR hikes as a done deal:

http://money.cnn.com/2006/05/03/news/econo....reut/index.htm

Factory orders jump, topping forecasts

New orders rose 4.2% in March, the biggest jump since May 2005, thanks to strong demand for transportation equipment.

May 3, 2006: 12:16 PM EDT

WASHINGTON (Reuters) - New orders at U.S. factories rose a stronger-than-expected 4.2 percent in March amid strong demand for transportation equipment, computers and electronic products, and machinery, government data showed Wednesday.
Wall Street analysts polled by Reuters had forecast a 3.5 percent factory orders rise. The March gain was the highest since a matching increase in May 2005.

With the US economy going from strength to strength it is a wonder how sterling and the Euro can continue to surge skyward. US IR may need to rise to 6% by year end at this rate.

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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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