Lol, very beautiful indeed, but also very frustrating.
Told today that some UK banks intend to refuse mortgages to people whose primary income is in Euro, they’ve so decided, not on what they consider the future to hold (always thought mortgages were future based), but on they conceive the current trend on Eur/Gbp to be.
Anyways, on a more optimistic note, our good friend at the Bundesbank has indeed been reading our thread and is in agreement, not only are the minnows like Ireland turning a corner, he emphasized today (probably after reading our thread :)) :
[B]Europe’s biggest economy, upgrading its growth forecast for 2017[/B].
Was a follow up of the last statement, included in today’s upbeat statement was:
“But with export markets outside the euro area expected to rebound and economic growth within the euro area gaining a little more traction, the healthy underlying state of the German economy should stand out even more clearly over the next two years,”
So, our little thread includes market sentiment, seems our good friend’s sentiment is very much positive.
Btw, here is a nice little photo:
Bundesbank raises 2017 German growth forecast - RT� News