We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Where are Worldwide Rates heading ? - LIBORS

inspector_monkfish
inspector_monkfish Posts: 9,276 Forumite
edited 20 January 2010 at 12:25PM in Debate House Prices & the Economy
As a 'rough' indicator of where worldwide rates may be in a 12mths time, LIBORs aren't a bad indicator....

Here is some food for thought.

In the past 3mths....

12mths USD LIBOR has FALLEN by 37 basis points
12mths GBP LIBOR has RISEN by 13 basis points
12mths EUR LIBOR has FALLEN by 4 basis points
12mths JPY LIBOR has FALLEN by 8 basis points
12mths AUD LIBOR has FALLEN by 19 basis points
12mths NZD LIBOR has FALLEN by 4 basis points
12mths CAD LIBOR has FALLEN by 30 basis points
12mths SEK LIBOR has FALLEN by 7 basis points
12mths DKK LIBOR has FALLEN by 4 basis points


make of that what you will :confused:
Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)
«134

Comments

  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Inspector M what did you have in your signature? Thanks for your posts by-the-way.
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    edited 20 January 2010 at 1:37PM
    setmefree2 wrote: »
    Inspector M what did you have in your signature? Thanks for your posts by-the-way.


    just a link to a charity website for an illness which my daughter suffers from.
    was just trying to raise awareness of it, but MSE took a disliking to it.

    http://www.port-charity.org.uk/index.html
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    If I were you I'd PM misskool and ask her how to get preapproval for your link... there is a way to do it, but I've forgotten.

    Have you any funky charts with Libor rates over the last year or three.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    Anyone able to explain why GBP libors are the only ones to have risen, whereas everywhere else has fallen?

    & what (if any) implications are there for us?
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    Inflation. Everywhere else that matters is in deflation, or disinflation.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    lemonjelly wrote: »
    Anyone able to explain why GBP libors are the only ones to have risen, whereas everywhere else has fallen?

    & what (if any) implications are there for us?
    tomterm8 wrote: »
    Inflation. Everywhere else that matters is in deflation, or disinflation.


    Thank you.

    I like the nice, straight forward & simple answers. I can understand them...:D
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • tomterm8 wrote: »
    If I were you I'd PM misskool and ask her how to get preapproval for your link... there is a way to do it, but I've forgotten.

    Have you any funky charts with Libor rates over the last year or three.


    thanks i will try that


    no charts i can post here i'm afraid, but all u need should be on here...

    http://www.bbalibor.com/bba/jsp/polopoly.jsp?d=1638
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    As a 'rough' indicator of where worldwide rates may be in a 12mths time, LIBORs aren't a bad indicator....

    Here is some food for thought.

    In the past 3mths....

    12mths USD LIBOR has FALLEN by 37 basis points
    12mths GBP LIBOR has RISEN by 13 basis points
    12mths EUR LIBOR has FALLEN by 4 basis points
    12mths JPY LIBOR has FALLEN by 8 basis points
    12mths AUD LIBOR has FALLEN by 19 basis points
    12mths NZD LIBOR has FALLEN by 4 basis points
    12mths CAD LIBOR has FALLEN by 30 basis points
    12mths SEK LIBOR has FALLEN by 7 basis points
    12mths DKK LIBOR has FALLEN by 4 basis points


    make of that what you will :confused:

    Inspector, I do not wish to put words into your mouth...

    However, is there an implied sense in your post that IR's in the UK are likely to rise, whereas that likelihood is less in the rest of the world?:confused:
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • lemonjelly wrote: »
    Inspector, I do not wish to put words into your mouth...

    However, is there an implied sense in your post that IR's in the UK are likely to rise, whereas that likelihood is less in the rest of the world?:confused:

    nothing i am implying, just facts and figures.....
    i still firmly believe that rates will not rise at least for another year

    bottom line is, GBP 12mth LIBOR probably went too low 3mths ago


    looking at the data another way...

    USD 12mth LIBOR is currently 88 basis pts above base rate of 0.00pct
    GBP 12mth LIBOR is currently 77 basis pts above base rate of 0.50pct
    EUR 12mth LIBOR is currently 20 basis pts above base rate of 1.00pct
    AUD 12mth LIBOR is currently 158 basis pts above base rate of 3.75pct

    so we're pretty much in the line with the middle of things i would say...
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • tomterm8 wrote: »
    If I were you I'd PM misskool and ask her how to get preapproval for your link... there is a way to do it, but I've forgotten.

    Have you any funky charts with Libor rates over the last year or three.


    they backed down, and have allowed my sig back....
    :D
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.5K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.5K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.