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/biz/ - Business & Finance

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BANK OF ENGLAND STATEMENT COMING TODAY Anonymous Mon Sep 26 11:04:42 2022 No.51637515 [Reply] [Original]

Emergency rate rise incoming?

>>	Anonymous Mon Sep 26 11:06:39 2022 No.51637531 >>51637515 Many such cases. Short USD

>>	Anonymous Mon Sep 26 11:08:17 2022 No.51637547 >>51637515 How do I profit?

>>	Anonymous Mon Sep 26 11:08:50 2022 No.51637557 >>51637515 another interest rate rise? hope so! the more the merrier

>>	Anonymous Mon Sep 26 11:14:03 2022 No.51637628 >>51637515 I hope they raise rates and dump USD and encourage others to do so.

>>	Anonymous Mon Sep 26 11:23:02 2022 No.51637760 >>51637515 Bond sale and QE to be announced.

>>	Anonymous Mon Sep 26 11:24:59 2022 No.51637783 >>51637531 lmfao usd doomers and worse than gold bugs. How many times do you have to be wrong before you reconsider things?

>>	Anonymous Mon Sep 26 11:36:02 2022 No.51637909 >>51637783 silver bugs are really the worst ones though, usd doomers can't even compare.

>>	Anonymous Mon Sep 26 11:38:02 2022 No.51637934 File: 155 KB, 354x392, 12897439857346.png [View same] [iqdb] [saucenao] [google] >>51637531 Double down dollar longs.

>>	Anonymous Mon Sep 26 11:39:56 2022 No.51637959 >>51637628 Brainlet question, pardon my idiocy: BOJ is dumping USD (selling treasuries) in an attempt to keep their currency low, but UK might dump USD (sell treasuries) to levitate their currency?

>>	Anonymous Mon Sep 26 11:48:04 2022 No.51638049 >>51637959 Doesn't matter, demand for USD is so high that others will just gobble it up when the USD drops a little. I have a buy order when it reaches parity with the euro again. But at this point I'm even considering buying at 98 cents.

>>	Anonymous Mon Sep 26 11:48:34 2022 No.51638052 >>51637515 any more info? all i see is some random from twitter saying sky news has reported this

>>	Anonymous Mon Sep 26 11:49:23 2022 No.51638058 >>51637959 To levitate the currency relative to the dollar by depreciating the dollar. We need a strong currency because we don’t export at all.

>>	Anonymous Mon Sep 26 12:17:30 2022 No.51638412 File: 57 KB, 976x850, 885920C7-F19D-4AEB-BF05-C7B666793155.jpg [View same] [iqdb] [saucenao] [google] well?

>>	Anonymous Mon Sep 26 12:24:46 2022 No.51638525 CBDC incoming

>>	Anonymous Mon Sep 26 12:27:12 2022 No.51638565 >>51637515 When the high caste pajeets take the British government over as their own personal fief they will genocide the pakis and allow the whites and the blacks generous bug protein rations. All will be well.

>>	Anonymous Mon Sep 26 12:30:17 2022 No.51638609 >>51637515 link to the press release please

>>	Anonymous Mon Sep 26 13:28:01 2022 No.51639545 >>51637547 be billionaire jewish banker.

>>	Anonymous Mon Sep 26 13:31:49 2022 No.51639616 >>51637959 BoJ and BoE would dump US treasuries for the same purpose. To strengthen their own currency against the dollar. They have the same problem and the solution is the same

>>	Anonymous Mon Sep 26 13:36:05 2022 No.51639699 >>51637515 Maybe they'll just hang the Chancellor from the last tree in Threadneedle Street. Now that would send a message.

>>	Anonymous Mon Sep 26 13:43:12 2022 No.51639833 >>51637959 We could but it's a short term fix for a problem that doesn't seem to be going away. Look at the yen, its already pushing back towards highs.

Anonymous Mon Sep 26 13:45:11 2022 No.51639867

>the bank of England announces the establishment of the new Sterling Foundation Guard (SFG) tasked with restoring confidence in the pound sterling. $1 billions of UK government bonds will be bought every day to back the confidence in the pound and to protect its purchasing power from the ongoing attacks by Putin.

>>	Anonymous Mon Sep 26 15:34:05 2022 No.51641847 File: 885 KB, 1176x1002, 1663386936063.png [View same] [iqdb] [saucenao] [google] Ahhhh? https://b-o-e.uk/3RneKXC

>>	Anonymous Mon Sep 26 15:48:29 2022 No.51642094 >>51641847 Looks like the markets weren't convinced by this statement.

>>	Anonymous Mon Sep 26 15:53:53 2022 No.51642172 File: 3.90 MB, 1069x1910, SETFBK.png [View same] [iqdb] [saucenao] [google] >>51637783 >>51637909 (((Go away)))

>>	Anonymous Mon Sep 26 15:58:13 2022 No.51642246 >>51641847 nothingberg, market wont wait till november kek. pound will parity if nothing changes

>>	Anonymous Mon Sep 26 16:06:25 2022 No.51642373 >>51637783 It's going to end badly for the dollar but not just yet. This puppy has more room to run. Market can stay irrational longer than you can remain solvent... blah blah you know the story.

Anonymous Mon Sep 26 16:07:16 2022 No.51642383

>>51637515
BOE statement:
>"I welcome the government’s commitment to sustainable economic growth, and to the role of the Office for Budget Responsibility (OBR) in its assessment of prospects for the economy and public finances."
Note that the 'mini budget' last Friday was classed as a 'fiscal event' rather than an actual budget so the OBR didn't assess it. The BOE statement could therefore be read as saying:
>"we wish the government hadn't just 'fucked the dog'"
without, of course, saying so directly.

Anonymous Mon Sep 26 16:22:13 2022 No.51642624

>>51642373
In this case, we know approx when the Fed will pivot (because they fucking told us), so all you have to do is stay solvent until then which is probably about 6 months max
Personally hoping the roasties are lining up for accommodation and food in exchange for a nightly fucking.

>>	Anonymous Mon Sep 26 16:47:06 2022 No.51643096 >>51637515 >Pound begins to stabilize >BoE calls announcement >BoE announces they will do nothing until novemeber >Pound falls Great job Gentlemen. Truly outstanding work.

>>	Anonymous Mon Sep 26 16:47:56 2022 No.51643115 Welfare state incoming.

>>	Anonymous Mon Sep 26 16:49:52 2022 No.51643152 >>51643096 WATCH OUT OR WE'LL SCHEDULE ANOTHER MEETING

>>	Anonymous Mon Sep 26 16:54:16 2022 No.51643242 Gentlemen, the solution is simple. We need more brownskins, that will surely stimulate the economy.

Anonymous Mon Sep 26 16:59:37 2022 No.51643320

>>51637783
lmao you're literally a "line go up" retard
this isn't going to end well for USD, go read about the triffin dilemma. they're either going to have to inject trillions of dollars of liquidity into global markets or allow a liquidity crisis to play out which ends in the abandonment of the USD as reserve currency. right now they're engaged in violent economic warfare and this dollar short squeeze is a desperate (but powerful) move.

>>	Anonymous Mon Sep 26 17:19:00 2022 No.51643687 File: 92 KB, 1000x1000, 1661487134003469.jpg [View same] [iqdb] [saucenao] [google] Where's the statement? It's already past 7 pm.

>>	Anonymous Mon Sep 26 17:21:29 2022 No.51643742 >>51641847 see >>51643687

>>	Anonymous Mon Sep 26 17:53:38 2022 No.51644425 >>51637628 As an American i hope so to. Please, we are too cucked to stop our tyrannical masters because we're too busy coddling niggers, so please pick up where we left off

>>	Anonymous Mon Sep 26 17:54:46 2022 No.51644444 2JsCQdPG Why raise interest at all?

>>	Anonymous Mon Sep 26 18:01:15 2022 No.51644564 >>51644444 Wasted, and fuck off back to plebbit. Then kill yourself.

Anonymous Mon Sep 26 18:04:12 2022 No.51644629
File: 1.80 MB, 720x1444, Christian silver coin.png [View same] [iqdb] [saucenao] [google]

>>51642172
>(((Go away)))
>tells someone to do something and puts echoes around it, indicating the person saying it is a jew
So you're a jew, then. Makes sense considering the pic you posted.

>>	Anonymous Mon Sep 26 18:33:08 2022 No.51645216 File: 415 KB, 1000x1000, 1657144193861.gif [View same] [iqdb] [saucenao] [google] >>51644444 Oh damn my digits >>51644564 Get BOBO'd wagie

>>	Anonymous Mon Sep 26 18:37:44 2022 No.51645312 >>51637628 >dump their reserve

>>	Anonymous Mon Sep 26 18:48:00 2022 No.51645530 meanwhile the ECB sleeps >they cant raise the rates or all PIIGS/GIPSI* club-med-wankers are bankrupt right away poortugal italy ireland grease spain thats why we cant have nice things

>>	Anonymous Mon Sep 26 18:49:03 2022 No.51645547 >>51637515 So I own a house and if rates go up I'm supposed to worry even though my mortgage payment stays the same format least 5 years? Feels good to be bullish on owning the house you live in

>>	Anonymous Mon Sep 26 18:50:39 2022 No.51645577 >>51645547 do you have fixed or flex rates?

>>	Anonymous Mon Sep 26 20:22:16 2022 No.51647292 >>51645547 If rates go up your house loses value

>>	Anonymous Mon Sep 26 20:25:19 2022 No.51647353 >>51645530 and more importantly, France

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