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Numbers due Wednesday.
Expectations for a large drop for April, from an annual CPI rate of 3.2%, to something possibly approaching the GOVs 2% target.
Obvs the thing to remember is prices are not coming down, just going up less quickly, lols.
Blue
axl?...watched the vid,flow tests due in the next 2/3 weeks
will it try for 25/30p?
After long protracted downtrends,say a few weeks/months
the cnbc ticker is custom made for those.....when trades go from red to blue.
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tops are similar,the kefi's uptrend's been blue until today,it went red earlier,suggesting the trends overbought.
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bmv aswell......its yo yoing between red and blue,so could be topping out
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arcm....that went blue as heck,yesterday
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dke yo yo ing aswell....but feels like its readying for a bounce.
“With growth recovering faster than expected, the UK economy is approaching a soft landing, following a mild technical recession in 2023. CPI inflation has fallen faster than was envisaged last year and is projected to return durably to target in early 2025.”
With the Bank of England contemplating whether to cut interest rates next month from their current 5.25%, the IMF said it saw scope for two or three 0.25 percentage point cuts in official borrowing costs this year.
But it said the longer-term growth prospects for the economy remained poor and that this – coupled with demands for better public services and “critical investment needs” – put pressure on the public finances.
The IMF team said it was assuming higher increases – 2% real growth – in departmental spending, but that this would result in debt as a share of national income continuing to rise, reaching 97% of gross domestic product (GDP) by the end of the decade.
The IMF said that, to be certain of stabilising debt by 2029-30, the government would need to raise revenue or make savings equivalent to one percentage point of GDP – roughly £30bn – and that this would involve “tough choices”.
“In light of the medium-term fiscal challenge, staff would have recommended against the NIC rate cuts, given their significant cost."
.......hats of on the early call re: HE1.......! :)
All the best (Spider sense kickn' in right there..........! :)
Good spot Tro.
Well test planned for early Q3.
Possible re-entry at Tai.
Cash likely required, so im staying in observation mode.
ARCM starting to move.
Bought a few MMAG, highly speculative, just based on the chart movement.
Cracking quarterly performance from $DJT... To lose over $300m on less than $1m turnover takes some doing.
The meme stock is still worth $6 billion - many would say that it is overvalued by $6 billion.
£30 billion,in added taxes....on the menu
https://www.proactiveinvestors.co.uk/companies/news/1048085/britain-s-economy-upgraded-but-faces-30bn-of-tax-rises-says-imf-1048085.html
gordonbennet
He1.....and up she goes......that observation,was due to cnbc....trades have been in red,for a weeks
then around 9am,they turned grey(neutral)
then around 1pm,traded turned blue on cnbc
suggesting,a bounce could be on the menu
Chatham house....on kremlins propoganda....aimed at the south
https://www.youtube.com/watch?v=U8GFePAmS0c
And hemo.....wbi
Genf and mnrg aswell.
He1.....after weeks of red.....its just turned blue on cnbc ,on that trade there at 1.19
The European Union agreed on Tuesday to utilize the interest accrued from the frozen assets of the Russian central bank to support Ukraine in terms of both military assistance and economic reconstruction.
Annual revenue is expected to be around €2.5 to €3 billion, and 90% of the expected revenues will be used for military purposes to support the defense of Ukraine. The allocation will be reviewed annually, starting January 1, 2025.
Additionally, Treasury Secretary Janet Yellen has stated that the United States government is prepared and willing to utilize $300 billion of frozen Russian assets similarly.
Baha Breaking News (BBN) / RR
Wine.....and chunky buying atm
flowtech fluid....a load on that one too
Elon Musk $56 Billion Pay Slammed by Shareholder Group
Bky?....but on the ibex/spanish exchange.
for some reason,cnbc only does bky in spanish.lol.
Ntog.....octp ......bky
all ticking up together
Gdr
moving fast on cnbc.....but not on lse?.....probably an rns out
Yesterday's email from Heather Richardson is worth a read if you are concerned about what Trump in a 2nd term could do
https://heathercoxrichardson.substack.com/p/may-20-2024
This stood out and should have got more media attention:
'In the same speech, Trump told attendees that the Second Amendment “is very much on the ballot” in November, and he urged gun owners to vote and to “be rebellious.” Then he told the crowd that Biden’s actions were such that if he “were a Republican, he would have been given the electric chair, they would have brought back the death penalty.”
This evening, Trump’s Instagram account posted a video of what a newspaper would look like after a 2024 MAGA win. Under the headline “WHAT’S NEXT FOR AMERICA?” were the words “INDUSTRIAL STRENGTH SIGNIFICANTLY INCREASED DRIVEN BY THE CREATION OF A UNIFIED REICH,” a clear reference to fascism and German dictator Adolf Hitler’s Third Reich.'
Kefi....just turned red on cnbc,so that recent uptrend to around 085
could be running outa steam..imo
octopus renew.....kod.....hss.....tek.....arcm.....surface tr.......chunky buy/s
phe....1.19 paid there
Wine......click onto the 3 year chart....800p down to around the 50's
dunno when,but its got trend reversal,written all over it.
https://www.proactiveinvestors.co.uk/companies/news/1048028/naked-wines-says-its-getting-leaner-and-stronger-1048028.html