Jump to content
House Price Crash Forum
Sign in to follow this  
roblpm

Short Sterling Down Again

Recommended Posts

http://www.futuresource.com/quotes/quotes.jsp?s=LSS

I always look at the December 06 on for no really good reason, never seen it under 95 before.

And this graph:

http://www.futuresource.com/charts/charts.jsp?s=LSSZ06 shows a .75% change from September.

And before anyone starts I do understand that the nearer we get to it the less risk there is etc etc etc.

My point is that the 2% from the Halifax today is good news for bears really as it brings the interest rate rise closer and quicker.

Hopefully this will be the trigger (though I am sure I will be accused of clutching at straws!!)

As I discussed elsewhere as well maybe it doesn't matter what the BoE do as if all fixed rate mortgages go up due to the markets that should have an effect anyway.

Share this post


Link to post
Share on other sites

As I discussed elsewhere as well maybe it doesn't matter what the BoE do as if all fixed rate mortgages go up due to the markets that should have an effect anyway.

Personally I think that the news headlines of a hike in the headline rate has more psychological effect.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.