UK inflation rate in surprise October increase
The UK Consumer Prices Index (CPI) inflation rate rose unexpectedly to 3.2% in October, official figures show, on the back of higher fuel prices.Analysts had expected the CPI figure to remain unchanged at 3.1%. The news forced Bank of England governor Mervyn King to write again to the chancellor explaining why inflation has remained more [...]
November 19, 2010
Tags: Bank of England, inflation, Interest Rates, Mervyn King, Oil Posted in: Bank of England, Borrowing Costs, Credit Crunch, Interest Rates, Uncategorized, inflation 
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Spooked investors short US rally
Spooked traders unraveled a stock market rally late on Wednesday as worries mounted about banks and a jump in the price of oil. The Dow Jones industrial average ended down 92 points after having risen 78 points earlier in the day to a new high for the year. The Dow Jones industrial average fell 92.12, [...]
October 21, 2009
Tags: home loans, Loan calculator, Oil, sub prime loans Posted in: Uncategorized No Comments
After the rises investors now take profits
The FTSE 100 slid into negative territory yesterday as investors booked profits after a six day winning streak came to an end. The index closed 38.53 points down at 5,134.36, after hitting an intra-day low of 5,108.35. The biggest drag on the London market came from the mining sector, with shares falling on the back [...]
September 22, 2009
Tags: consolidate debt loans, Credit Crunch, falling interest rates, Loan calculator, Oil Posted in: Uncategorized No Comments
UK Inflation falls to 1.6%
Inflation fell less than expected in August to 1.6 per cent after rising fuel off set a decline in utility and food bills. The Consumer Prices Index (CPI) measure of inflation – the labour Government’s preferred measure – fell from 1.8 per cent in July and below the 1.4 per cent expected by analysts. Retail [...]
September 15, 2009
Tags: inflation, Oil, uk recession Posted in: Uncategorized No Comments
Wall Street lifted by jobs data
Wall Street ticked higher in early trades as the latest report on jobless claims turned out to be better than expected and retail sales improved. The Dow Jones was up 62.13 points at 8,801.15 at midday in New York, the S&P; 500 was up 8.57 at 947.72, and the Nasdaq was up 11.48 at 1,864.56. [...]
June 11, 2009
Tags: new home sales, Oil, retail sales, unemployment Posted in: Uncategorized No Comments
UK buoyed with positive house price data
Lots of positives in the global markets this morning. Firstly we have seen the Nationwide House price index survey show a surprise bounce as the average house price rose 1.2% in May- this is the strongest monthly gain for 19 months. Although this is a good indicator that the severe downturn in the property market [...]
May 29, 2009
Tags: Credit Crunch, Gold, home loans, mortgage calculator, Oil, recession Posted in: Uncategorized No Comments
Asian shares founder after North Korean nuclear test
Markets foundered today as the United Nations condemned North Korea’s nuclear test and investors awaited more clues about the health of the world economy. Tensions on the Korean Peninsula showed no signs of easing after the UN Security Council criticized North Korea’s test of a nuclear bomb as a “clear violation” of international bans. But [...]
May 26, 2009
Tags: Credit Crunch, Oil, sub prime loans, uk recession Posted in: Uncategorized No Comments
Loan Calculator sees feel good factor returns
Overnight the UK government has hinted it may look to sell a portion of the debt it has taken on in the nationalised UK banking sector. Over in the US the feel good factor continues as the Treasury Secretary Geithner adds to the Growing Belief that we have turned the corner. This, added to bullish [...]
May 20, 2009
Tags: consolidate debt loans, Loan calculator, Oil, sub, UK loans rates, uk recession Posted in: Uncategorized No Comments
How low can interest rates go?
Another day and more record lows for GBP/euro are€“ currently at all time lows. This cross is trading in uncharted territory and is struggling to find support with many expecting to see parity before the year is out. However, UK retail sales just out at better than expected levels (0.3% versus -0.6%) should lend support [...]
December 18, 2008
Tags: Credit Crunch, Oil, retail sales, UK loans rates, unemployment Posted in: Uncategorized No Comments
Lots of data and comment out yesterday- and it was all bad
Where does Loans Calculators start? Well, following the recent positive trend in consumer confidence (which, as pointed out in previous posts, is seemingly just on the back of lower oil and petrol prices) the market was jolted back to the dreadful reality of the manufacturing and retail sectors with very weak data and further job [...]
December 2, 2008
Tags: falling interest rates, Loan calculator, Oil, uk recession Posted in: Uncategorized No Comments
