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Silver “has the most potential to benefit from a sustained rally in gold” among the precious white metals, reckon UBS analysts
https://www.proactiveinvestors.co.uk/companies/news/1044889/silver-to-ride-coattails-of-gold-s-record-prices-says-ubs-1044889.html
I'm back in profit today, Mondays Q1 update going to be good
Leas
" there is less chance of loan defaults through high interest rates"
Governor bailey said last month county the doing fine with higher interest rates,
Charlie Nunn reckons a 0.25 percentage point rise will help net interest income by about £225m in the first year, £300m in the second year and £425m in year three
So with a rate cut Lloyds profits will fall doesn't mean the SP will drop
Https://www.proactiveinvestors.co.uk/companies/news/1044741/gold-prices-hit-a-new-all-time-high-1044741.html
Looks like silver is following the gold
Business surveys are pointing to a bright next few months for the UK as the economy finally feels the benefit of falling inflation.
Economic output climbed to its highest level since May 2022 in March, according to the BDO Business Trends report, which collects and regroups data from the UK’s main business surveys
https://www.cityam.com/uk-economy-business-output-at-highest-level-since-may-2022-as-recovery-continues/
"The fact is the AML SP has not performed well since 2021"
I'm topping up 4 weeks time Q1 results out 1st May same time last year the share price rallied from roughly 200 to 400 the company in much better position this year 📈🚀
The FTSE 100 has been boosted by commodities strength, which he says is based on a number of factors, such as a possible recovery of demand from China which has boosted the likes of copper and followed through to the mining sector
This was from yesterday the only reason for todays rally, won't see any RNS with news
“We continue to believe that UK incumbent banking is in long-term structural decline from new entrants with better cost and higher customer satisfaction,” KBW added.
“But, it is clear that 2024 is set to be a cleaner year than we have seen for some time.”
Lloyds was upgraded to an ‘outperform’ rating as a result, with KBW hiking its share price target from 55p to 60p.
https://www.proactiveinvestors.co.uk/companies/news/1044607/lloyds-upgraded-as-optimism-builds-for-second-half-of-year-analysts-1044607.html
ALIEN METALS (@AlienMetals) posted at 2:16 pm on Thu, Apr 04, 2024:
The silver price continues to rise as it broke a major barrier during the session yesterday in the spot market as it traded above $26/oz for the first since 2022.
(1/2) https://t.co/gqckjSzZ9w
(https://x.com/AlienMetals/status/1775874977654247644?t=H7gtjHlTouuEhWgSjkDlHQ&s=03)
The FTSE 100 (^FTSE) and European stocks were slightly higher on Thursday morning as comments by Federal Reserve chair Jerome Powell failed to alter Wall Street’s mood regarding interest rates
https://uk.finance.yahoo.com/news/ftse-100-live-eu-stocks-ecb-wall-st-080450885.html
Manufacturing output and new orders return to growth in March as domestic demand strengthens
Manufacturing PMI at 50.3 in March
Business optimism rises to 11-month high
Supply chains remain under stress as Red Sea crisis continues
The UK manufacturing sector showed tentative signs of recovery in March, as output and new orders increased following year-long downturns. There were also other signs of stabilisation from the latest survey data, with rates of contraction in employment and purchasing activity slowing sharply and business optimism about the year-ahead outlook hitting an 11-month high.
The seasonally adjusted S&P Global UK Manufacturing Purchasing Managers’ IndexTM (PMI®) rose to a 20-month high of 50.3 in March, up from 47.5 in February and above the earlier flash estimate of 49.9. This was the first time the PMI has posted above the neutral 50.0 mark since July 2022.
Three of the PMI sub-components (new orders, output and suppliers' delivery times) were consistent with an improvement in overall operating conditions during March. Although the sub-indices tracking employment and stocks of purchases both signalled ongoing downturns, rates of contraction eased sharply since February.
Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce the continued expansion of its creator network through new exclusive partnerships with top tier podcasts including Pretty X Unfiltered, BDA with Katherine Schwarzenegger, Soder, Omnibus, Do We Know Them?, and George Conway Explains It All To Sarah Longwell.
These shows are expected to contribute more than 4 million downloads per month to the Audioboom Creator Network.
The new content partnerships will leverage the full suite of tools available to creators on Audioboom's platform including AdRip (for inventory creation), Showcase (the Company's ad-tech driven marketplace), premium advertising sales, and automated distribution and marketing services.
BDA is hosted by Katherine Schwarzenegger-Pratt - daughter of Hollywood star and politician Arnold Schwarzenegger and wife of movie star Chris Pratt. The podcast examines life as a new parent, with expert interviews and true-life parenting stories.
Soder is a podcast from comedian, and star of the hit TV show Billions, Dan Soder. Alongside the audio podcast, Audioboom will monetise the video version of the show as part of its focus on building YouTube podcast services.
Pretty X Unfiltered is a new collaboration between hosts of the hit podcasts Pretty Basic (Alisha Marie & Remi Cruz) and Unfiltered (Zane and Heath), while George Conway Explains It All, from the team at The Bulwark, examines Donald Trump's legal cases during his run for US Presidency.
The Audioboom Creator Network is growing quickly as a result of the continued signing of top tier podcasts - it now reaches more than 38 million unique listeners each month. As recently announced, Audioboom climbed the Triton Digital Podcast Ranker in February and is now the fourth largest podcast publisher in the US - the biggest podcast market in the world.
Bank of England finds UK coping with higher interest rates
https://uk.finance.yahoo.com/news/bank-of-england-interest-rates-cuts-121635602.html