Archive for January, 2009

More bad news follows bad news

EuroSat reported yesterday that Industrial Production in the Eurozone fell by a massive 7.7% in the past year to November following a downward revision to 5.7% for October. The Euro stuttered and fell as traders were taken aback by suddenness and size of the European economic slowdown. German data added to the gloom with a [...]

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January 15, 2009  Tags: , , , ,   Posted in: Uncategorized  No Comments

The Euro continues to be battered

With data from Germany hurting the currency ahead of the ECB Meeting tomorrow, the German GDP figure for 2008 came in exactly as the market had anticipated at +1.3% but the fall from +2.5% the previous year still made unpleasant reading. The €˜workday adjusted number (whatever that is!) was even worse with a reduction from [...]

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January 14, 2009  Tags: , , , ,   Posted in: Uncategorized  No Comments

No change in sentiment over the weekend

As it turned out, the US non farm payrolls headline figure was exactly in line with the expectations from earlier in the week and the rumoured large drop did not materialise. Dollar bulls took heart and continued to edge the currency better. But was the number as good as was initially made out? Well the [...]

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January 12, 2009  Tags: , , ,   Posted in: Uncategorized  No Comments

UK interest rates cut by half per cent

The MPC’s statement that followed the announcement of a further 50 basis point cut in UK rates agreed at yesterday’s meeting. At the December get together, at which, you will remember , the decision was made to cut rates by 100 basis points but the discussion was centred on whether this was enough. Yesterday, there [...]

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January 9, 2009  Tags: , , ,   Posted in: Uncategorized  No Comments

UK Interest rates cut by the MPC expected today

As a UK interest rate cut is built in, we might as well turn our attention to the outlook for Europe, Germany and Euro interest rates. We know that tomorrow’s UK data (industrial production) will be grim but we also know that the MPC will know that the numbers prior to their decision today. Therefore, [...]

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January 8, 2009  Tags: , , ,   Posted in: Uncategorized  No Comments

Yields, or rather the lack of them

Yields are again the major contributor to the loans calculators debate this morning. Everything that emerged yesterday pointed to a continuation in rate reduction with the lowly levels being maintained through the time horizon. Added to this, Quatitative Easing has raised its profile once again. Yesterday we saw further weak economic data from the Eurozone [...]

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January 7, 2009  Tags: , , , ,   Posted in: Uncategorized  No Comments

2009 a Recession or a Full-Blown Depression ?

Judging by the press consensus leading into the start of the New Year’s trading, this will depend upon Banks’ attitude and lending practices going forward. A continued squeeze on Credit availability (as witnessed by Friday’s BoE report) will cause the downturn to be far more severe and drawn-out than in previous recessions. The BoE latest [...]

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January 5, 2009  Tags: , , , , ,   Posted in: Uncategorized  No Comments

Loans Calculators wishes you a profitable 2009

Loans Calculators wishes you a prosperous New Year in 2009. For more information please see our Loans Calculators blog Loans Calculators Blog- loans rates blog for news about interest rates- unsecured and secured loans, mortgages, remortgages and refinancing including home loans, equity release and consolidate debt loans. Share and Enjoy:

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January 2, 2009  Tags: , ,   Posted in: Uncategorized  No Comments