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Source:MarketWatch
"A factor that may weigh on bank stocks is the annual stress tests and regulatory review of large banks’ capital plans. The Federal Reserve will announce the results at 4:30 p.m. ET on June 25." (9.30pm BST)

Well to be specific then - you said 'worst guess on such an irrelevant figure' - and I agree 100% with you that the worst guess in that article is an irrelevant figure. So that's something.

Not ranting. I agree with you that -31.5% it a ridiculous guess!!!

Makes sense... :)

Thank you.
Good luck all with tomorrow's open.
Will be a buyer if another big down day...

Link removed, but it was here:

uk.reuters.com/article/uk-health-coronavirus-britain-gdp/wild-guesses-as-uk-economists-grapple-with-looming-gdp-plunge-idUKKBN23I0OL

I think if Investec are right then it's game over! OMG

"The gloomiest forecaster in the poll - Investec chief economist Philip Shaw - predicted a -31.5% plunge."

https://uk.reuters.com/article/uk-health-coronavirus-britain-gdp/wild-guesses-as-uk-economists-grapple-with-looming-gdp-plunge-idUKKBN23I0OL

I think there is a big potential for a number worse than the -10% forecast...
Also noticed this is published at 7am - so a pre-market announcement that could cause a gap down in UK sensitive stocks.
Weighing up whether to buy some LLOY today to benefit from the 7% drop - but concerned about a gap down tomorrow...
Might wait and see. I know market timing is not generally a good thing, but this seems like a big piece of data!

From DailyFX Calendar - UK GDP 3 Month Avg, prior -2%, forecast -10%

GDP numbers out tomorrow - expected to be bad. Potential further downside impact on Lloyds as UK sensitive?