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Realistbear

Latest Data Points To 2 More Hikes From E C B

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http://www.businessworld.ie/livenews.htm?a...rollingnews.htm

Euro growth signals 2 more rate hikes'

Monday, August 14 11:37:05
(BizWorld)
Figures showing the strongest euro zone growth since 2000 have raised expectations that the European Central Bank will raise interest rates at least twice before the end of the year, economists said.
Second-quarter GDP outpaced expectations, rising a provisional 0.9 pct from the first and 2.4pc year-on-year.
Economists polled had been expecting quarterly growth of 0.8pc for an annual rate of 2.3pc.

What now for the bubble in Ireland? Time to sell and bank the proceeds in a savings account:

http://www.forbes.com/markets/feeds/afx/20...afx2946992.html

AFX News Limited
European govt bonds lower on strong euro zone GDP data
08.14.2006, 07:48 AM
LONDON (AFX) - European government bonds were lower after higher-than-expected GDP figures this morning continued to suggest that euro zone interest rates will have to rise further.

Lower bond prices mean higher IR.

VIs think its going to crash in Ireland as early as next year giving people precious little time to get their properties on the market before a major rush:

http://www.breakingnews.ie/2006/08/13/story271955.html

Mortgage brokers predict drop in house prices in 2007

1

3/08/2006 - 10:56:24
The Independent Mortgage Advisors Federation have predicted that the property
market bubble will burst next year
.
The mortgage brokers group have warned there are warning signs of major slowdown in the market that could lead to a fall in house prices in 2007.
Edited by Realistbear

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  • 302 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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