RE: Share price24 Sep 2023 10:40
I think we may see a pause or small increase to 46p next week . The catalyst for the SP rising 6.2% last week was the CPI inflation figures release on Wednesday showing inflation had unexpectedly fallen and FOMC holding holding interest rates, and the BoE MPC meeting on Thursday when it left interest rates unchanged. Looking ahead, other than any geopolitical events that may materialise that could potentially influence SP movement, I don't see anything that can move the SP until the next CPI figures release date which is 18th October, and then Lloyds Q3 results on 25th October.