Member Info for livestock

Wids

"Just an eyebrow raiser statement by you which needs some meat on the bone"

Its quite simple what I put about interest rates and Lloyds loan book if you want more meat on the bone maybe you don't understand how banking works

Wids
Stop trolling my posts your not invested in Lloyds

ALIEN METALS (@AlienMetals) tweeted at 3:51 PM on Thu, Jul 22, 2021:
View of the Elizabeth Hill Tailings from a recent site visit. #UFO #Silver #AIM https://t.co/uhYUXzue8n
(https://twitter.com/AlienMetals/status/1418222074665918472?s=03)

US the weekly jobless claims have shown a surprise increase rather than a fall.
The number of Americans seeking unemployment benefit rose to 419,000 last week from 368,000 the previous week

It was a dovish statement from the ECB keeping rates on hold Lloyds needs a rate rise to help its loan growth

With no news out I can't see the rise in SP being held its had a steady drop for over 6 months now down 70% from the year high, looking forward without a JV this will keep dropping

This isn't looking good for the AGM meeting

European Central Bank just announced no change on interest rates and will remain accommodative to meet inflation target

Falklandinvester, Your right 2.30 the rally will continue with news out later today
Banks are the one to be invested in coming out of a recession

European Central Bank meeting later which may announce a shift in its plans as it looks to contend with mounting inflation along with news from US weekly jobless figures this could give some direction in the markets

Natwest shares are down 2.5p or 1.25% at 197.05p after the UK government unveiled plans to sell up to 15% of the bank over the coming twelve months.
As a consequence of bailing out the bank after the 2008 financial crisis, the Treasury owns a 54.7% stake. It last sold shares in May, disposing of a chunk worth £1.1bn

Britain, free of COVID curbs, could see revival of local stores - Barclays

https://www.reuters.com/business/retail-consumer/britain-free-covid-curbs-could-see-revival-local-stores-barclays-2021-07-21/

Retailers eye 17,000 high street store openings this year as customers ‘look local’ post-lockdown

New research by Barclays Corporate Banking reveals that 17,000 local high street stores could open in the next 12 months as British shoppers adapt to a post-lockdown world by looking local.

In the report, entitled Retail Unlocked, Barclays’ data shows that consumers have returned to physical stores with confidence since restrictions began to ease – 68% say they have felt safe, or very safe, to return to the high street.

A significant portion of the nation (40%) are planning to step up their in-store shopping over the coming year, and 41% say it is their favourite way to shop.

https://www.furniturenews.net/news/articles/2021/07/540700143-new-research-points-high-street-resurgence

LONDON, July 22 (Reuters) - A current spike in consumer goods prices does not point to a longer-term persistence in inflation, and the Bank of England would do better to focus on labour market signals, BoE Deputy Governor Ben Broadbent said in a speech on Thursday.

"While we know it's going to go further over the next few months, I'm not convinced that the current inflation in retail goods prices should in and of itself mean higher inflation 18-24 months ahead, the horizon more relevant for monetary policy," he said.

"The outlook for aggregate demand growth still matters. And for all the usual reasons and more, the (Monetary Policy) Committee will have to pay very close attention, parsing the official data as best it can, to the numbers in the labour market," Broadbent added.

https://www.reuters.com/world/uk/boes-broadbent-sees-little-sign-inflation-spike-persisting-2021-07-22/

President Biden was planning to make an announcement imminently on when the travel ban would be lifted for international travelers wishing to visit the U.S

Silver: US$25.14 per ounce, down 0.54%

FTSE 100 to stay on front foot for Thursday’s open, eyes on central banks

Mulberry Group is in fashion after moving back into profit and painting a rosy outlook picture.

Full year revenues at the luxury brand best known for its handbags fell 23% to £115mln, as COVID-19 closed the majority of physical stores in the period.

But it moved from a £14.2mln loss to a £5.9mln profit, helped by government support programmes, a positive result from its Asia business after years of investment and a 55% jump in digital sales.

Margins improved thanks to lower markdown sales, and it also established a European distribution facility to support online sales following Brexit.

It also helped the community cope with the pandemic, including producing more than 15,000 reusable PPE gowns for frontline NHS workers and working with the Felix Project to provide over 177,000 meals for those in need.

The current year has started well, with overall revenues up 45% on last year.

Chief executive Thierry Andretta said: "We have delivered a robust financial performance and have made good strategic progress in our journey to build Mulberry as a leading sustainable global luxury brand."

dividendchaser
""you like to ramp up Lloyds""

Lloyds is trading around 20% below book value with a dividend yield forecast of 4.9% rising 5.7% in 2022, along with the economic data out this prices won't be hanging around for long

Lloyds SP end 2021 70p
DYOR

Up 6% any new on UK/US travel route opening up

Hardup

Don’t we get 4 dividend payments a year now that’s how I came up with my figure maybe I’m wrong