BoE raise interest rates
Feb 5th 2004, 4:11 pm
#1
BE Enthusiast
Thread Starter
Joined: May 2003
Location: Exit UK 23rd Mar 2004, arriving in NZ 29th Mar (stop off LA Disney)
Posts: 385
BoE raise interest rates
and so you'd expect the £ to gain, yet the bloody £ is still losing against the mighty
AUD$ & NZ$
UK economy is suppose to be growing well compared to Euro zone, so you'd think the money markets would be starting to back the £, which to a degree has happened except the rubber dollars are still in favour.
Will the rebound begin when equity markets begin to become more favourable compared to Commodities?
Can't make sense of it, can others?
AUD$ & NZ$UK economy is suppose to be growing well compared to Euro zone, so you'd think the money markets would be starting to back the £, which to a degree has happened except the rubber dollars are still in favour.
Will the rebound begin when equity markets begin to become more favourable compared to Commodities?
Can't make sense of it, can others?
Last edited by GetMeOutOfHere; Feb 5th 2004 at 5:00 pm.
Feb 5th 2004, 4:17 pm
#2
?????????
Joined: May 2003
Location: Gold Coast
Posts: 1,974
Said on the radio today that Property was rising by £100 a day
thats alot of moola if you can believe it.
Also said that the rate would rise at least three more times this year to get to the 5% range by december, SO if your coming back to the UK a fixed mortgage is the order of the day it seems.
thats alot of moola if you can believe it.Also said that the rate would rise at least three more times this year to get to the 5% range by december, SO if your coming back to the UK a fixed mortgage is the order of the day it seems.
