Member Info for Darth.Trader

Side-by-side: What changed in the FOMC statement..

https://www.forexlive.com/centralbank/!/side-by-side-what-changed-in-the-fomc-statement-20200610

Reserve keeps interest rates unchanged, near zero.

https://twitter.com/CNBCnow/status/1270777770357010435

Oil prices slip as US crude inventories hit record highs..

Global oil prices slipped today after US crude stocks breached all-time highs after an unexpected surge in inventories.
According to the Energy Information Administration, crude inventories rose 5.7m barrels in the week to June 5 to 538.1m barrels, the most in history.

https://www.cityam.com/oil-prices-slip-as-us-crude-inventories-hit-record-highs/?utm_source=dlvr.it&utm_medium=twitter

plus The Bank of England looks set to give itself at least another 100 billion pounds ($127 billion) in bond-buying firepower next week to try to stop the coronavirus crisis from inflicting further damage on Britain's economy.

Read more at:
https://economictimes.indiatimes.com/markets/stocks/news/bank-of-england-ready-to-replenish-its-covid-19-warchest/articleshow/76301591.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The UK Debt Management Office said on Thursday (23 April) it planned to issue £180bn of government debt between May and July to finance the chancellor’s “unprecedented measures” to help mitigate some of the impact COVID-19 is having on the economy.

Up until this point, the Federal Reserve has not considered negative interest rates.
If the Fed did bring its benchmark rate into negative territory, that would likely mean lower mortgage and credit card rates for everyday Americans — but even lower returns on savings.

https://www.cnbc.com/2020/06/10/heres-what-negative-interest-rates-from-fed-would-mean-for-you.html?__source=twitter%7Cmain

UK To Sell GBP3.75 Bln In 0.125% 2023 Gilt On June 17
UK To Sell GBP2.25 Bln In 1.25% 2041 Gilt On June 17

at this moment in time it is the market action of the few rather than the many.

worse than expected as coronavirus hammers economy...
https://twitter.com/CityAM/status/1270696210068836353

set to reload bond-buying programme with £100bn...

The Bank of England is expected to announce a further £100bn for its bond-buying programme when it meets next week in order to limit the damage to the UK economy by the coronavirus crisis.
The central bank has already spent the majority of the record £200bn expansion to its asset purchase programme which it made in March.
https://www.cityam.com/bank-of-england-set-to-reload-bond-buying-programme-with-100bn/?utm_source=dlvr.it&utm_medium=twitter

falklandinvestor, practice what you preach and take your own advice, make use of the filter.

good luck..

is soaring to levels not seen in 75 years. How will Britain pay it off?

https://twitter.com/Reuters/status/1270659471006527488

markets would bottle it then sell it to you under various brands, Sping water, Holly water, Energy drink...etc

has created a ‘dangerous environment’ for investors, CEO says.

Markets are on a “runaway tear” and have created a “bubble-like environment” similar to the one seen in 2000, said David Sokulsky of Concentrated Leaders Fund.
Following a massive sell-off in March as the coronavirus pandemic swept across the globe, stocks have surged despite economic concerns.
Jonathan Sheridan of Fiig, said the “huge risk-on tone” in markets “puzzles me,” given the underlying economic data. He also flagged the risk of bankruptcies in the future and recommended that investors improve the quality of their investment portfolios.
read more; https://www.cnbc.com/2020/06/10/stock-market-rally-has-created-a-dangerous-environment-ceo.html?__source=twitter%7Cmain

VB, yes timing is difficult but if one is happy with a "buy" at whatever price then i would just look away...

up and down for while yet and i would not recommend LTH's watching it hour by hour...

really,...? never seen that coming, I'll have to get one of them crystal balls...

UKX.L in trouble......H&S on the 4hr.
DOW - Bears winning..?

contraction among developed countries .....

The UK will experience the worst economic contraction among developed countries due to the coronavirus pandemic, according to a new forecast.
The Organisation for Economic Co-operation and Development predicts the British economy will shrink by 11.5% in 2020 due to the lockdown imposed since the first wave of coronavirus outbreak.
France is expected to see its annual GDP contract by 11.4%, and a fall of 11.3% is projected in Italy.
If there is a second wave of infections, the UK could face an even deeper contraction of 14%.
https://twitter.com/SkyNewsBiz/status/1270646021912133632

....yep, so it is.

..nothing when compared to the 2 x 30,000,000 sells in yesterdays session...