Posts Tagged ‘mortgage’

The BoE Conundrum: When to Raise Rates

by Christopher Lemieuxon March 28, 2014 10:38 am BST
The Bank of England (BoE) has done a lot to separate themselves from potential interest rate hikes as the economy strengthens, despite leading market participants with forward guidance that postures differently. BoE officials do not want to increase rates in fears that an unstable economy could be toppled, but there are dangers of low interest […]

US Housing Data Hits Post-Bubble Levels

by Christopher Lemieuxon November 27, 2013 4:08 am BST
The building permits and housing price increase data reported during the US trading session reached levels not seen since the housing bubble burst. Building permits for future construction hit five-and-a-half year highs in October. This suggests that there may still be demand for new homes in the eyes of the builders. Permits jumped to 1.03 […]

Sterling Weakness In Response to Weak Loan Data

by Christopher Lemieuxon November 26, 2013 2:16 am BST
The Sterling see some profit taking today after U.K. mortgage approvals fell in October. Speculation that the British economy is still frail and that gross-domestic product will fail to exceed exceptions caused the Sterling to fall below 1.6200 to 1.6127 before finding a little support. Former Bank of England policy maker Adam Posen has said […]

Consumer Confidence Falls to Six Month Low

by Christopher Lemieuxon October 29, 2013 3:42 pm BST
Consumer confidence has quickly faded as the economy continues to stagnant, income gaps widen and politicians play games that directly affect the country’s livelihood. Numerous indicators, including the University of Michigan’s confidence and Gallup’s economic confidence, have deteriorated over the last couple months as Americans continue to struggle. Now, the Conference Board’s Consumer Confidence data […]