Member Info for JaiBabaSwami

Most markets fell on Thursday ahead of a key policy speech by Federal Reserve chief Jerome Powell, and even a fourth successive record on Wall Street was not enough to stoke a rally. Hong Kong led losses, dropping one per cent, with HSBC losing more than two percent after Pompeo accused the bank of not standing up to China. Tokyo and Singapore were both down 0.5pc, Shanghai eased 0.2pc and Seoul was off 0.7pc, though Sydney, Taipei and Jakarta squeezed out small gains.

Coming up today

Interim results: Anglo Pacific, Hunting, OneSavings Bank, Rolls-Royce

Economics: Industrial profits (China); money supply (eurozone); virtual Jackson Hole Economic Policy Symposium begins, Q2 GDP second estimate, jobless claims (US)

This meeting is due to start 2pm UK time and most likely will have a very positive effect across the markets. GLD

Winni this is a great link. I will have a proper read later. Thanks

Chrishar. How the hell did you only make the odd 10% here and there over the last few weeks? You could have been making 20 to 30 on a couple of days?

U.S. Federal Reserve Chair Jerome Powell is expected to bolster expectations of inflation during his keynote speech at the Jackson Hole Economic Policy Symposium on Thursday.

https://www.coindesk.com/powells-coming-inflation-speech-may-weigh-over-dollar-and-boost-bitcoin-analysts

themuir. You are back! What are your thoughts here then? A rest for a few days and then move up. The last resistance point was solid at 45p.Some said this is 57p

Agreed

Good post thanks Casper. It’s pretty balanced.

Dow Futures Sputter Ahead of Powell Speech; Hurricane Laura Bears Down on Texas and Louisiana Coast
Wall Street's record run could be put on hold Wednesday as investors brace for a major speech from Fed Chair Jerome Powell tomorrow and the impact of Hurricane Laura on the Gulf of Mexico.
MARTIN BACCARDAXUPDATED:AUG 26, 2020 7:49 AM EDTORIGINAL:AUG 26, 2020

Hate you are clearly talking the truth re the SP. Garcias

Yeah it’s about time really. I’ll be on YouTube later to work it all out. Thanks

Thanks Hate. Just signed up for L2. Just need to know how to use it now, DOH

Rota lol

Right who was on the rota to let the Bulls out this morning? Maybe they slept in. Come on, chop chop. Who’s on the road this afternoon?

Madhouse, lol you’re not wrong!

Time to rise again maybe?

https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/927542

https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/927542

Interesting thoughts, thanks all. We didn’t drop with the ftse from 8.30 today which is great.

Long live Cine

Hi Hate. It’s gone up just over 20% in those 3 day. Do you think it will retreat slightly at some point? Thanks

Haha M00la very good point