Member Info for Lakshmi888

continuing to run its course finally having broken support this week.....much more tradeable now!

One ofthe few commods to be influenced very little by $ (currency) strength or weakness....

Current and increasing weakness shd notonly be underestimated but also not ignored........one of the ripple effects of US's actions...

https://www.bloomberg.com/news/videos/2018-05-08/don-t-underestimate-emerging-market-weakness-says-el-erian-video

E'one is expecting a softer dollar but then they've been expecting that for 6-8 weeks.......acting conversely to what was expected in light of the trade wars......

Yuan continuing to devalue........not good for the US...

https://www.bloomberg.com/news/videos/2018-07-05/dollar-emerging-market-currencies-directions-depend-on-trade-dispute-fxtm-says-video

Think this guy gets quite a bit wrong as do most of CNBC at critical periods (like GS, they're contrarian inidicators!), but has a point in this article:

https://www.cnbc.com/2018/07/05/cramer-us-treasury-bonds-predict-recession-if-fed-raises-rates-again.html

''Here’s what bonds are saying right now. They're saying that with the two-year Treasury so close in yield to the 10-year Treasury, ... we're almost experiencing a flat yield curve," the "Mad Money" host said. "That matters because when you have a flat yield curve, it does usually presage a recession. It’s a sign that investors are worried about the future."

One ongoing trend that could "send us over the edge" and into recession is the Federal Reserve's agenda for hiking interest rates, Cramer said.

"If the Federal Reserve were to raise rates again too soon, it's possible that the two-year Treasury would indeed yield the same return as the 10-year," he warned.

Worse, if long-term rates don't go any higher, U.S. banks — which tend to benefit from higher interest rates — could suffer because they can't make as much money on long-term loans.''

Tit for Tat..........turning into the Ripple Effect......

https://www.bbc.co.uk/news/business-44706880

it begins today.........

https://www.vox.com/world/2018/7/5/17536470/china-trump-tariffs-trade-war

https://www.ft.com/content/5c5b66a8-80a6-11e8-bc55-50daf11b720d

Be interesting to see how markets are affected...........but then if the markets are being manipulated, there's only so long you can hide inevitable effects...............

Minutes yday eve:

https://www.ft.com/content/d56fb31a-8078-11e8-bc55-50daf11b720d

https://www.ft.com/content/cd83edec-808c-11e8-8e67-1e1a0846c475

However, adverse developments globally have taken place since last month's meeting inc EEM, falling yeilds on Treasury Bonds, escalation of Trade Wars, currency wars etc.........which now remain unaccounted for wrt future policy....

All! ;)

Weekend is finally here :D (almost). Have a great day e'one.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SDX&ArticleCode=hfyqzaje&ArticleHeadline=Spud_of_SD-3X_appraisal_well,_Egypt&ahc=o2qiivjh

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SEE&ArticleCode=iitg4jr7&ArticleHeadline=US_Fleet_(Guardian)_Contract&ahc=0pdtpe5t

'....'signed a five-year contract with US based John Christner Trucking to install its fleet of 850 trucks with Guardian, the Company's fatigue and distraction prevention technology for commercial fleets.''

Gift that keeps on giving....:)

And what a beautiful morning it is!

Have a great day e'one:)

Go go Natty!

http://www.livecharts.co.uk/MarketCharts/ngas.php

:)

time :D

Well, less boring than the 'blah blah blattey blah indices', so much more interesting than the weather and definitely much more successful than the current state of the markets....plus it is *still* Independence Day ;-P

#ComeOnFederer :)

Update on capital raising Yeaaaaah!! :D

''Transformational deal for Koovs

Koovs plc ("Koovs", or the "Company") AIM: KOOV, the leading e-commerce fashion business, is delighted to announce that it has reached a conditional agreement with Future Lifestyle Fashions Limited ("FLFL"), part of Future Group - India's largest retail group, for FLFL to subscribe for up to a 29.9 per cent stake in Koovs.''

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=KOOV&ArticleCode=jggg6hr0&ArticleHeadline=Update_on_Capital_Raising_-_Future_Group&ahc=q11nfq8b

''Lord Alli, Chairman of Koovs, said: "This marks a giant step forward in the Koovs' journey to win the e-fashion market in India. FLFL with its leadership position as an integrated branded fashion player   and the Koovs brand and technology platform are an unbeatable combination. This investment will bring enormous benefits to our customers and partners as well as significant value for all shareholders." ''

As I keep saying, KOOVs been doing e'thing for a while now to pull out all the stops.....hey presto!

Fireworks getting ready

https://www.theguardian.com/business/2018/jul/04/china-to-impose-tariffs-before-the-us-as-trade-dispute-escalates

https://www.independent.co.uk/news/business/news/us-china-trade-war-tariffs-trump-soybeans-a8429181.html

This is gonna be 'fun' for the markets.............Trump better know what's he started. Shooting one's mouth off as a President has its consequences....and China isn't backing off nor being bullied by the likes of him.

Good on 'em....!

''There had been hopes the US and China might step away from the measures, but neither side has backed down. Economists have warned that the tariffs will damage economic growth and cost jobs, and could escalate into a full-blown trade war between the world’s two largest economies.''

Awwwwww.....Thank You Lejjb!!

Wanna teach your good manners to your not so 'Chillied' mate for me pretty please? :D

PS If you do buy, see if you get a poss lunch time lull...dont get spiked and best of luck....;)

Morning Lejjb:)

I only bought in on the norm of sentiment and vol tbh but yes, I do......

Was hesitant below 1p simply until pis returned and bought in 2 sessions ago once sentiment began to creep back.....was told I was stupid by s'one;)....I think it's got as much legs as UKOG......they're both as good and as bad as each other!

But I do think it was /is worth a punt /trade.....obviously no-one can predict what the putcome here will be but R;R is pretty darn good at these levels imho....but as per always, wthdik.....ladeelah...:)

GL if you jump in:D

........... :P to PB ;) Up 18%+

Aim.......sentiment and volume......who needs fundies hey??!;)

Focus is always on the US indices but peeps nd to be taking note of these imho.....more indicative of what cld be coming to the markets globally imho and what is already happening....

https://www.afr.com/markets/equity-markets/shanghai-composite-index-falls-to-lowest-since-march-2016-20180702-h125sr

http://www.scmp.com/business/companies/article/2153519/hong-kong-stocks-slammed-investors-dump-chinese-financials-amid

https://www.afr.com/markets/equity-markets/hang-sengs-twodecade-long-winning-streak-grinds-to-painful-halt-20180703-h127ik

Worth keeping to date with China. Not over yet imho....cld still impact in coming weeks.

https://money.cnn.com/2018/07/03/investing/china-stocks-yuan-markets/index.html

https://www.bloomberg.com/news/articles/2018-07-02/relief-for-china-markets-proves-short-lived-as-yuan-stocks-slip