UK economy: Buy-to-let market getting out of hand, Banks pass the stress test

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    David Buik, Senior Market Commentator for Panmure Gordon, joined Zak Mir and Alan Green on the Tip TV Finance Show to discuss the UK economy, specialising on housing and the banking sector. Key Points: Buik noted that the ECB are expected to announce 60 billion worth of extra QE and stimulus packages, plus a 10 basis point cut in rates. He also commented that retail stocks and healthcare didn’t perform as well as expected on Black Friday. Indices are overvalued, and Buik doesn’t think the FTSE

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