Member Info for Eightyeight88

Fomc tomorrow +25bp..BofE thur.+25bp....very close call..but looks like it will be the last...the issue going forward is how long do rates stay at these levels...which are not historically high...some are saying now late 2024 and 2025...gla.

Obviously next week will be v interesting ....FOMC & BofE........a lot talk that rates may stay at these levels for longer than originally anticipated......gla

Sept 14 (Reuters) - The UK's FTSE 100 hit its highest in six weeks on Thursday after the European Central Bank signalled an end to its monetary tightening cycle, while industrial metal miners led the gains after a surge in iron ore prices.

The exporter-heavy FTSE 100 index (.FTSE) rose the most in over 10 months, soaring 2.0%. The midcap index (.FTMC) mirrored the moves and was up 1.8%.

The European Central Bank raised its key interest rate to a record high of 4% on Thursday but, with the euro zone economy in the doldrums, signalled that the hike, its 10th in a 14-month-long fight against inflation, was likely to be its last.

Very 50/50.....but wouldnt be suprised with + 25 bp..on both....v tough call....few different shares faring better today gla

Looking a lot better.....gla

+25bp next week?...very possible..as we've said before a real balancing act by the central banks..the talk is 5 5-5.75%the top...however what is being forecast is that rates may stay around 5% for longer than originally thought..2024/2025....tough call atm

....US cpi tom & ppi thurs could be very interesting........gla.....ps HLslow with lloyds divi this morning...

Will be watching with interest this week......esp US cpi & ppi........gla.

Morning...you must of been thrilled.......only pulling your leg lol.......M3 /M25 to negotiate this morning ...Bournemouth was really busy......gla

Buy order in @40.5...looking to re invest may 23rd div payment..in Bournemouth for the weekend..you wouldn't believe its September down here...Good weekend all...

Interested to see the latest cpi data expected 6.1%..........gla.

The general consensus seems to be another 5% fall/correction over the next 12 months......gla

Introduction: UK house prices drop 4.6% in year to August

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

UK house prices have fallen at their fastest rate since the aftermath of the financial crisis, new data confirms this morning, as high interest rates cool the property sector.

Halifax, the UK’s largest lender, has reported that the average property price fell by 4.6% on an annual basis in August, down from the record highs seen last summer. That’s the largest year-on-year decrease in house prices since 2009.

Still sitting on 23rd of may lloyds divi and we have another payment next tuesday....will re invest here when level hit..gla

4 x£100

1x£50

1×£25

=£475...tax free ...wd winners gla.

The general consensus is that the BofC will leave rates unchanged @5% next weds.....gla

Central banks going to take economies to the brink i feel......govt's and central banks have an agenda to lower inflation....and it seems the biggest weapon they have in their armoury is interest rate rises.....whether it will be a soft or hard landing is yet to be seen.....tough calls to be made by powell,bailey etc etc

Todays US employment data.....the focus of the week for me....will be watching with interest......gla.

Could be at least another 5% fall/correction...not shocked at all..house price inflation was unsustainable..gla

Thanks gate...Friday will be interesting...gl&atb