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Realistbear

U S Manufacturing Growth Up By A Massive 800% May To June

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http://www.signonsandiego.com/news/business/index.html

By Marcy Gordon

ASSOCIATED PRESS

6:26 a.m. July 17, 2006
WASHINGTON – Industrial production rose significantly in June, reflecting advances in manufacturing, mining and auto production.
The Federal Reserve reported Monday that output at the nation's factories, mines and utilities jumped by
0.8 percent last month following a gain of 0.1 percent in May
. The latest increase was stronger than expected; analysts had anticipated an increase of 0.4 percent.
The rise in production also marked a 4.5 percent increase over June 2005.

US $ anyone?

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http://www.signonsandiego.com/news/business/index.html

By Marcy Gordon

ASSOCIATED PRESS

6:26 a.m. July 17, 2006
WASHINGTON – Industrial production rose significantly in June, reflecting advances in manufacturing, mining and auto production.
The Federal Reserve reported Monday that output at the nation's factories, mines and utilities jumped by
0.8 percent last month following a gain of 0.1 percent in May
. The latest increase was stronger than expected; analysts had anticipated an increase of 0.4 percent.
The rise in production also marked a 4.5 percent increase over June 2005.

US $ anyone?

#

Love the stats [800% jump :-)] - though not as good as the current Halifax ad "50 times more interest" [than other banks] huh???? - then you see they're paying 5.25% - great!

Wonder if Banana Ben's still being 'data driven' - hope so, as this should help blow his 'pause' out of the water

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Bond markets seem to think Ben may have a good reason to increase IR woe:

http://www.iii.co.uk/news/?type=afxnews&am...;action=article

NEW YORK (AFX) - Treasury bond prices fell modestly by midday Monday, as the stock market bounced back and industrial production came in higher than expected.
Shorter-dated Treasuries, which had gained in previous trading sessions, fell in price, causing the yield of the two-year note to gain more on the 10-year note's yield.

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Bond markets seem to think Ben may have a good reason to increase IR woe:

http://www.iii.co.uk/news/?type=afxnews&am...;action=article

NEW YORK (AFX) - Treasury bond prices fell modestly by midday Monday, as the stock market bounced back and industrial production came in higher than expected.
Shorter-dated Treasuries, which had gained in previous trading sessions, fell in price, causing the yield of the two-year note to gain more on the 10-year note's yield.

On the subject of IR's, what do you think of the chances of Merv et al pushing through a quick 0.25% rise, just to piss off Brown for shoving another couple of unwanted doves into the BoE nest?

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US GDP increased at an annual rate of 5.6% in the first quater of 2006 so looks like their economy is able to withstand these small hikes with a few more yet to come.

That's an understament! - 5.6% GDP for country that isnt industrialising itself from 2nd world status, is more like overheating IMO

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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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