Ransquawk Overnight UK News 28/11/07

Discussion in 'Trading' started by Ransquawk, Nov 28, 2007.

  1. Ransquawk

    Ransquawk ET Sponsor

    BOE's Sentance: 'oil, commodity prices pose CPI pressures, setting rates will be hard due to growth and inflation risks' (RTRS)**
    Sentance said little to indicate which way rates would move next. He also said that the outlook for growth in the Euro Zone key to UK, UK economy has probably passed a turning point, UK slowdown underway but not unwelcome.

    One in three faces big mortgage increases (Times) A third of mortgage borrowers are facing severe financial difficulties as a result of the credit crunch with many not able to absorb an increased costs, according to a survey by Mintel, the consumer research group.

    iBoxx Sterling Index extends by a large 0.1 years into December (MNI)

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