Subidón, Subidón!

As if moviesen to the beat of a song by Chimo Bayo (Hu! Ha!) Yesterday gave the American stock markets bounce by what is cute and that the FED likes to talk the language that the market wants to hear. He whispers as beautiful things that could reduce interest rates. The idyll is not served and that, the submission also, ultimately if the two are happy Why spoil this romance?.

Lately you may be giving importance to the bag, but basically the economy is much simpler than we have, just to have watched certain parameters to see how things are going. A little bag here, another over there inflation, interest rates on the one hand, oil in the other and little else. And now it's up to a little prominence to the bag because it is less clear factor in the equation and in the fund, if the bag goes well, all more contented and that is where the key lies in psychology, if all we are happy and we are optimistic in the future we will consume, borrow and keep moving the machinery that is based on economic sticks, but at least for the moment is sustained. At least that is how they see the big companies that face 2008 with optimism.

But not all subidones are good and there we have the HICP, which rises five tenths, to 4.1%, the highest level of May 2006 and what we still have that December is a month to go to tremble.

And put up with price increases we have to keep the average amount of mortgages on residential property rose 3.5% and reached 150,328 euros, and we continue to Erre Erre as 98.4% of mortgages formed in September using a type of variable from 1.6% fixed rate. But eye to the news, because if we compare or the average amount of mortgages in August this year, figures from INE show a fall of 1.32% and e l number of mortgaged homes fell by 10.39%

And see friends, today we'll see if tomorrow we subidón of hangover.

Update: As is the backyard! Commented on the increases before, it's up to Euribor and Oil (4%)

Update 2: Rankia sued by Ausbanc consumption. From here our support for Rankia (web that I read often) and my absolute rejection of the way of Ausbanc, some guys who certainly do not know how to act in such cases.

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Written by Carlos Lopez on November 29, 2007 with 201 points.



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201 reviews

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# 1, Carlos23

November 29, 2007, at 9:51.

This harmonized CPI inflation is not?
http://www.elpais.com/articulo/economia/inflacion/sube/41/noviembre/elpepueco/20071129elpepueco_4/Tes
here you have the data, 4.1% and rising. Trichet must raise rates because inflation we eat or by foot to all

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# 2, Seelah

November 29, 2007, at 10:00.

However, to see if it confirms the trend in the Euribor yesterday to stay above the figure for October : ( or if on the contrary, and as we have lately acostubrados, back down to wash his face ...

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# 3, Concerned

November 29, 2007, at 10:07.

Precocupante the situation. The rising inflation without stopping, forcing the ECB to raise rates, and on the other side of the pond thinking download ...

In our company we export to South America, the other day in a conversation with the boss, he told me it is getting very difficult to sell there, because with the different euro-dollar parity we are not competitive.

What the ECB should raise rates? I do not have as clear. Yes, on the one hand it triggers inflation, but on the other were hurt exports.
A rise in rates will not notice an immediate on the economy. In my case, the drop in sales will not affect them immediately, but if in the medium term (few months).

If the ECB rate rises and past x months realizes that he has gone hand in hand "and decided to rectify its economic policy is not it will be too late for many who may have been on the road or are already very touched?

This seems a war ECB - Fed. If rates rise in Europe is not it be the ECB to decimate their own troops in the medium term?

Many times I wonder if the price increase is justified only for reasons (cost of production, shortages of raw materials, etc.) Or, if not motivated by interests of certain sectors who want to get rich quickly.
Why does not the government act against these policies of the European enrichment instead of downloading the responsibility on the consumer end?

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# 4, Johnny

November 29, 2007, at 10:10.

Good morning:
Anybody know the date of publication of the Euribor rate in Boe, for the months of August, September and October this year? A greeting to all.

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# 5, kokito

November 29, 2007, at 10:14.

Good Morning, Vietnam.
To settle the issue yesterday, Futrohipotecado, it's your decision, that the strength and the Euribor accompany you. We are here for consultations as you want.

Today, inflation rising, the oil will continue to decline?.

The big companies are not going to be as optimistic if their increasingly large managers earn more. They up the CPI in its economy brings the family is weak, the Euribor for them is like the Lighthouse Alenjandría, no longer exists, and if they want to light a burning bundle of banknotes (Uf, uf, that old), say queía cards.

See you later

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# 6, Bhaal

November 29, 2007, at 10:16.

And in the end the same dilemma last month, when low bad, if rises worse, if it continues ... so we will most likely be maintained, but ... 1 ... Euribor does not drop at least it costs muchiiisimo, 2nd inflation rises , And continues to rise, until he left the top? 3rd Whatever you do is hit the export, if the ECB lowers rates will remain the euro-dollar (if fed low-tb), and exports will be damaged if the FED and the ECB remains low and keeps more of the same If the ECB goes up and down or EDF keeps bad for exports, 4th if the decision, whatever it is, it postponed the situation continues to deteriorate anger, like a bubble, rising inflation, worsening exports ... and we will puff! when? I do not know, but not far inside.
I think it would be necessary any more Measures, other than the rise / fall in rates, any extra regulation, reduce export costs, facilities to companies, something that did not touch rates for change but the solution, though clear, as I am no economist macroeconomic (or micro ...) I have no idea which could be done in particular, think? Only thing good that $ 92 oil. DO NOT notice in gasoline, but at 92 $ ... ..

Greetings and good day!

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# 7, kokito

November 29, 2007, at 10:22.

Good Morning, Vietnam
Just because you what I say, today elpetroleo up.

http://www.eleconomista.es/flash/noticias/321786/11/07/El-petr% C3% B3leo-ups-a-47-after-the-court-of-a-pipeline-that-goes - a-USA-.html

See you later
(First reported, then speak, learn first, then talk ... ....)

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# 8, zlatan

November 29, 2007, at 10:39.

Hi I have a friend who is going to buy house .... And have been told that appears in the CIRB. Since more than 15 years ago to guarantee a "friend"
and now to ask the mortgage you say it appears. It is normal that after so long without having notified him anything ... and without knowing anything, he denied the loan? It is legal to have so much time on that list? Now he has gone to the bank to see that milk was, you've been told that if you buy that house, seized him ... .. that has to take responsibility for the debt of the "friend" How do you clarify something from all this? Thanks in advance.

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# 9, kokito

November 29, 2007, at 10:46.

Good morning, Vietnam
While we await the Euribor, wing to practice Spanish.

http://news.yahoo.com/s/nm/enbridge_fire_dc

See you later

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# 10, CARLOS

November 29, 2007, at 10:47.

The Euribor real time makes me scared in their value to a month at 10:30 a.m.

EURIBOR 1M: 4.80 14.83% 10:30

: - /

Greetings

Source: http://www.infobolsa.es/v2002/DyT/DyT_Tipo.asp

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# 11, Bhaal

November 29, 2007, at 10:49.

I have the feeling of playing sim_city with that of the pipeline on fire ... and now what? a tornado? storms in the North Sea? Clopez also put a link to the prediction of the time in the northern sea ... (I'm kidding ...)

Greetings!

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# 12, MI007

November 29, 2007, at 10:50.

In our beloved Mr. Trichet will be no alternative but to raise rates, since it is assumed that the "work" Main ECB is to maintain these below 2%. Now that failure to do so will "banter" because with injections of capital that are doing lately ...
God have mercy on us ....

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# 13, manonegra

November 29, 2007, at 10:56.

Good morning to all s!

Causes of the rise in oil: invasion of Iraq, and repeated standing conflicts in the producing areas. Causative USA

Causes rise in basic food: Mr. Bush, who has the intelligence of a mosquito, that climate change is going to solve by converting grain into fuel. Accordingly rising prices of all edible (and here we complain) but that happens in surameriaca where most families are fed almost exclusively on this?

Currency crisis: Because subprime mortgages in the U.S. ...

In short: thank bush and expect tentgan early elections and choose a less bad (evil). Parallel to anybody here in Europe should get the batteries can not be that the lien in the USA and here we eat their brown, for a lot of globalization they want.

Salud2

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# 14, Carlos23

November 29, 2007, at 11:00.

This Christmas will be tough, very tough

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# 15, Font

November 29, 2007, at 11:03.

To # 13, manonegra:
"The causes of the rise in oil: invasion of Iraq, and repeated standing conflicts in the producing areas. Causative USA "... ... ... and" Why do not you shut up? jejejeje

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# 16, Solvent

November 29, 2007, at 11:04.

Good morning, everyone, this question is of note

While we are aware that if the Euribor 1 month to 2 months, if the Euribor has risen today ...

They stayed on the Euribor in force today is not it? ... That helps us or helps us to know the Euribor to a month or 2, what does this mean?

Thank you very much guys, ah, and C Lopez congratulations on the news yesterday, the amount of audience that you're happy ... but this will not be anything when in the forum include the sentimental point of consultations, tarot, and citations that blindly have yet a few days ago ....

A salute.

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# 17, Kandel

November 29, 2007, at 11:06.

I have commented that the rise in CPI is due to a decrease in supply (not to an increase in demand) and therefore the solution to these increases in CPI is not rising rates (which would be a valid solution when the Origin is an increase in demand).

Does anyone know if this is true or is a sovereign nonsense?.

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# 18, K50

November 29, 2007, at 11:06.

# 8 zlatan

Let's see the CIRB is the risk control of the bank of spain, if your friend's endorsement to guarantee that a person endures for the life of the loan, which would have, that is, if a loan was made for 30 years because during that time will appear. In the case that his "friend" to stop paying, he must cope with the debt payments to come as a guarantor. If you continue paying the debts it is not seized, but if you do not pay and buy a house in his name against iran.

Moral: DO NOT endorse or your brother

greetings

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# 19, manonegra

November 29, 2007, at 11:06.

You're right font
There are also a lot of oil and bocazas with little brain ...

Jejejeje

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# 20, Frank

November 29, 2007, at 11:09.

Here you Johnny
http://www.bde.es/infoest/a1801.pdf
August: 22/09/2007
September: 23/10/2007
October: 22/11/2007

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# 21, john

November 29, 2007, at 11:10.

Clopez I, the subject of mortgages do not see it like you, you have story:
I try to look for a mortgage to a fixed interest 1año ago and offered me this. to 130,000 euros, and a 5.5 Maximo 20años of interest.
You will lose capital over whether to pay 1%.
Of the other way I am paying the Euribor 0.40, and with the mortgage to 30años that if I can buy it now and I do not have a big mortgage but people who put in 180,000 or 200,000 euros mortgage can not be paying for 20años that does not give them.

is not the same pay 900euros a month or 650euros as I am now paying the price.
If the thing is still going up but it will be fucked with 900euros is that it be run.

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# 22, Resignao

November 29, 2007, at 11:10.

My Mother, this is not some people will understand. Today the stock market going up, oil well. Inflation through the roof. Acceptable bets: the Euribor today other 2 hundredths up. And I ask that what you are doing Trichet? je je, I believe that neither he knows it. Download not, obviously, but I think when they have to decide what to put heads or tails if you go up or stay.

Incidentally, this morning I have come to talk to the bank. Is that when we open the mortgage told me that I left the Euribor + 0.45 and I do not put it in opening, but a rate determined by them (higher than the Euribor and differential). We put the two payroll, insurance .... Finally, linkages, that if I come to know that I did not leave the Euribor with the differential is not the lame linkages. So I am going to improve the conditions of the review (good people that they, jeje)

The fact is that I said that I have some savings and that if he got into the bag or a deposit to 6 months. I said that I ocuuuurrra or bag, which a deposit or store, which will make me Lack, the thing is presented very chunga. And I commented that I need money for reforms at home and we were thinking about an expansion of mortgage (lie, was to see how they react). Answer: Phew, is that as going, and how are those guys ... I do not think we can concedértela

Readings:

1 or walking muuuu is wrong and I want to keep in the bank, or
2nd is that really paint things muuu wrong, and that more are expected increases in short rates.

Indeed, it went like crazy and doing accounts by saying that my mother how are things at the end of the year. We'll look to see what happens in January.

Well, what friends, who plays save, it seems to come the lean, at least the first half of the year.

Greetings and have a good day.

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# 23, villegreen

November 29, 2007, at 11:12.

If inflation in Spain has come to 4.1 .... also raise wages by 4 or more ...? I do not think ... as always lose purchasing power despite what they say in the Consumer.es (Eroski) - according to them we have recovered by 1.4% in the past year ... ... jajajaja - If we were not in the European currency only the Bank of Spain should have gone up and rates and / or devalue currency ... That will Trichet?. According to Citigroup analysts the Fed may go down to 50 basis points in December ... the reunion. and so it seems that yesterday the U.S. stock markets reacted as he says our beloved clopez ... hitting that subidon ... somewhat irresponsible given that the fall ...., and hopefully it will change the course of the political leadership in the USA, although it was not apeen of orthodoxy of the market (Republicans and Democrats are almost the same thing) .... if it can be more cautious mister Bush .... perhaps the worst president of the empire in the past 50 years, even worse than Reagan mister

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# 24, Paco (Cavallet)

November 29, 2007, at 11:14.

Concerned 3
You have more reason than a saint, but yesterday it gave me a post to Trichet and his flock they care more that inflation remains within its objectives (because they play the Poltrona continue heating and live as their god) to make the European economy is competitive.
Since the yankis began bajer rates the EURO has appreciated by 12% against the dollar, that Europe is no more fucks inflation instead of 2% or 4%.
As I said yesterday, once again yankis come out of its crisis at the expense of Europe.

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# 25, Student

November 29, 2007, at 11:14.

good morning
Basically what was said yesterday at the EDF is that followed in crisis will be cut interest rates ... because often notición, giblets and earn the top reserve ... and down (really brings down many months), that's off the pants in a spectacular way and say that its monetary policy until the subprime crisis has been a lady fudge.
With regard to competitiveness, I would say that European leaders are a bunch gain ... Who are you going to produce for export with a strong euro and the Chinese giving war? Only a bunch of win, what must be done without any doubt is "going on sale," knowing that you can buy in dollar companies Yakis, because I would go on sale, which is 30% discount on the price of its currency, if the owner of the telephone, would not have bought O2, if the owner Santander would not be thinking of buying ABN AMRO, I am going to make a visit to the yankis or South America sales and bought dollars, which leaves much cheaper, but what would be attempting to make the competition because they are much more competitive only by its currency, but makes them more so to OPAbles
a greeting,
Student

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# 26, Carlos23

November 29, 2007, at 11:16.

I have since read by popular there that the bank will open offices from Monday to Saturday until 20:30 at night.
Other banks will have to do the same if they want to be competent. They were just the plum

Certainly think that's popular? I have all my savings and my family there, too. is not bad bank ...

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# 27, villegreen

November 29, 2007, at 11:17.

MEETING 29/11/2007 11:14

Middle type
Euribor Week 4.106
1 Month Euribor 4.809
Euribor 2 Months 4.781
3 Month Euribor 4.776
6 Month Euribor 4.737
12 Month Euribor 4.686

28/11/2007 Eonia 3.965

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# 28, oscar

November 29, 2007, at 11:17.

EURIBOR runaway!

4.686%

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# 29, Frank

November 29, 2007, at 11:17.

MEETING 29/11/2007 11:14

Middle type
Euribor Week 4.106
1 Month Euribor 4.809
Euribor 2 Months 4.781
3 Month Euribor 4.776
6 Month Euribor 4.737
12 Month Euribor 4.686

28/11/2007 Eonia 3.965

This leaves the average faltra at the close of morning% in 4603

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# 30, Carlos Lopez

November 29, 2007, at 11:19.

Kandel, generally low when the offer price too low.
The clearest example is the oil, yesterday gave Saudi Arabia by opening the faucet and oil fell more than 4%.
When there is high demand when prices rise (eg elvers at Christmas).
The bad thing is really bad when the price rises and low demand (stagflation) that often end up very badly ...

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# 31, Frank

November 29, 2007, at 11:19.

Sorry for the repetition ;)

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# 32, benjau

November 29, 2007, at 11:19.

I think that the next meeting of the ECB is going to be unforgettable.

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# 33, Seelah

November 29, 2007, at 11:19.

That panic!

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# 34, manonegra

November 29, 2007, at 11:20.

New subidita

MkGuen!

MEETING 29/11/2007 11:14

Middle type
Euribor Week 4.106
1 Month Euribor 4.809
Euribor 2 Months 4.781
3 Month Euribor 4.776
6 Month Euribor 4.737
12 Month Euribor 4.686

28/11/2007 Eonia 3.965

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# 35, villegreen

November 29, 2007, at 11:22.

I think the average remaining in 4603, although the calculated very quickly, and confirm

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# 36, Student

November 29, 2007, at 11:23.

# 26, Carlos23
I get to me that if the People's Bank does this, the unions are going to give your ears ... palms with a few other conventions are loaded with the guild bank (the boxes are another), which set timetables, You have probably already been established that the bank opens in the morning, including Saturday and cash in lieu of Abir on Saturday opened on Thursday afternoon, except Caja Laboral that is not cash, but credit union.

In the history of banking have been many "big ideas" that before a threatened strike by exclavitud "have not come out alive
I am not saying that this idea does not leave because there are already offices with "strange hours" that open putting the excuse that banks are aimed at immigrants, farmers ... (but do not understand school)
a greeting,
Student

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# 37, Gon

November 29, 2007, at 11:25.

Hello everybody,

I've time reading your comments and now I am about to sign a mortgage, I would like to ask you one thing.
The interest to be applied in the mortgage is Euribor +0.40.
And my bank offers me the opportunity to, during the first three years, keep the mortgage at a fixed rate of 4.90%.
After those three years would apply Euribor +0.40.
I sign the mortgage in the month of December and I are going to implement the Euribor October (4947%).
So that if I do not accept the deadline fixed at 4.90%, I would be an interest of 5347%.
Now is the time deposits more attractive to 4.90%, but I doubt that within 3 years.
What do you think, I should fix the mortgage at 4.90% over 3 years? Which is better?
Thank you very much at all.

A greeting,

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# 38, CARLOS

November 29, 2007, at 11:26.

If half of the month was 4.603.

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# 39, Attila, King of the year

November 29, 2007, at 11:28.

Subidón subidón! Never a headline also described what he is doing oil. Although it would also be correct to say "requetepollazo requetepollazo!"
Indeed Clopez, surely has been a slip. But when the low bid, the price tends to rise if demand remains.
In fact, if we get tiquismiquis, is not offering to make the change price, but is the price which makes changing the offer. And the demand for the raising or lowering the price. (law of supply and demand)

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# 40, jmd

November 29, 2007, at 11:28.

to Villagran. What is the average calculated? thanks

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# 41, ana

November 29, 2007, at 11:29.

Hello everybody.
To # 30, Carlos Lopez
If the low bid price is not dismonuye. It is quite the contrary, when the supply increases the price tends to fall. Example: What will happen to housing in the coming años.Saludos.

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# 42, doberman1975

November 29, 2007, at 11:30.

Someone to put the trip to the pub .. desbocao horse that has been uploaded on the Euribor ... .. at least we have always haunted between 0.3-0.4 above the price of money set by the ECB.
We caught confessed that god!

Greetings

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# 43, villegreen

November 29, 2007, at 11:30.

gon to the average of 37 ... October 4647 ... is not the same .. anyway that means they expect decreases in rates in coming months .... because now you look like is the yard .... a 4.90 over three years if rates were maintained or subiesen much for you be very nice ... but ... you think that banks want to lose money ... .... yourself.

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# 44, Alejandro.

November 29, 2007, at 11:30.

# 16 Solvent,

The Euribor is the average interest rate at which they lend money to each other nosécuántos the largest banks in Europe .... more or less, no?

What of the Euribor to one, two, three or six months or a year has nothing to do with projections or future, but refers to the term of the loan being made between the banks themselves.

That is, the one-month Euribor is the average of interest to which they lend money having to return it within a month, the Euribor six months is the average of interest to which they lend money having to return in six months, and well successively.

Euribor there is not one but several, but the fact is that most mortgages are variable interest Euribor to 1 year and so if we talk about the Euribor to dry usually refer to the latter.

Greetings,

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# 45, condonacion_jeje

November 29, 2007, at 11:31.

ah perfect tenth more than half in two days very well ... very well q radio if the move is really .. ajustamenos the belt q curves come ...

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# 46, Kandel

November 29, 2007, at 11:31.

A CLopez see if I understand.

Your example gives me the reason. If Arabia opens the tap (ie increases the offer) immediately lowered the price of oil.

What I am saying is that it seems that the rise in CPI is due to a decrease in supply and, therefore, the solution is not to raise interest rates, as this work when the cause of high prices is increased in demand.

Is it so or not?

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# 47, Johnny

November 29, 2007, at 11:32.

Thanks, Frank.

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# 48, javier7md

November 29, 2007, at 11:34.

can tell is calculated as the average of the Euribor.

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# 49, Alejandro

November 29, 2007, at 11:35.

# 37 Gon,

if it be known that it is better or worse is what the banks do not choose to leave. This is like betting, with the fixed know what they have to pay over the next three years, and with the variable that can pay more or you may pay less, but nobody knows. And anyone who tells you otherwise is lying (or thinks he's God).

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# 50, Kandel

November 29, 2007, at 11:37.

Javier7md,

is calculated as the arithmetic mean of the daily values (not a day) of the Euribor to a year of each month.

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