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

Massive Dow Sell Off Bodes Ill For Ftse Tomorrow

Recommended Posts

DJ INDUSTR AVERAGE (DJI:^DJI)

Index Value: 11,213.29

Trade Time: 7:15PM

Change: 206.60 (1.81%)

Prev Close: 11,419.89

Open: 11,410.13

Day's Range: 11,210.01 - 11,410.13

52wk Range: 10,098.20 - 11,709.10

Volume: 267,572,784

Interest rates are going to rise worldwide until the pips squeak. The bond markets:

http://uk.biz.yahoo.com/17052006/214/bonds-roundup.html

Wednesday May 17, 04:25 PM

Bonds roundup

LONDON (ShareCast) - Bonds were lower across the board as higher-than-expected inflation figures raised concerns of ongoing rate hikes.

The US Labour department said CPI (NYSE: CPY - news) rose to 0.6% in April but expectations were of a 0.5% rise. Core CPI rose 0.3% but forecasts predicated a 0.2% increase.
Euro area
HICP inflation was 2.4% in April up from 2.2% in March but excluding energy and food prices, it rose to 1.5% from 1.3% in March.
There was three-way split on the direction of interest rates at the last meeting of the Bank of England's Monetary Policy Committee, the minutes revealed.
Six members voted for rates to remain on hold at 4.5% in May. Stephen Nickell again voted for a reduction but this time David Walton wanted to see rates rise by a quarter point.
Yield on the two-year gilt rose 5 basis points to 4.79% while the ten-year gilt saw its yield rise 7 basis points to 4.69%. The yield on the 10-year German bund was also up by the same rate to 4.09.
The 10-year benchmark treasury note fell as yield rose 5.18% from 5.10% on Tuesday

Share this post


Link to post
Share on other sites
The US Labour department said CPI (NYSE: CPY - news) rose to 0.6% in April but expectations were of a 0.5% rise. Core CPI rose 0.3% but forecasts predicated a 0.2% increase.

Time for John Snow to dish out free bus passes for the over 60s.

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.

  • 335 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.