Member Info for livestock

US Q4 bank earnings estimates

Bank of America = $24 bn

JP Morgan chase = $40bn

Well Fargo=$20bn

City group = $19bn

US and UK attacks on Houthi rebels push oil price higher Brent is up around 2.4% at $79.24 today, IAG and airlines in the red today

Lloyds having a good rally this morning as UK economy which rebounded more than forecast in November driven by growth in the services sector, according to official figures which ease fears of a technical recession

The UK economy returned to growth in November, with gross domestic product (GDP) expanding by 0.3% during the month, according to the Office for National Statistics (ONS).

It follows the 0.3% contraction in October and is slightly stronger than the 0.2% predicted by economists.

However, looking at the three months to November, the UK economy actually shrank by 0.2%. Output in services grew by 0.4% during the month.

https://uk.finance.yahoo.com/news/uk-economy-bounces-back-gdp-072337648.html

FTSE called higher ahead of US banking results

The FTSE 100 is expected to rally on Friday after US markets recovered early losses to close little changed following Thursday’s strong inflation print.

Spread betting companies are calling London’s blue-chip index up by around 30 points

December’s CPI data necessarily rules out a March rate cut by the Fed, Lloyds still dropping

Fordm

"But really all these numbers mean diddly squat to the IAG"

You must be new to IAG and investing in airline industry passenger numbers are very important

That would the market value IAG at if the passenger numbers said nobody was flying

Donkey back in the red 📉🤦

British Airways’ operated Terminal Five, which opened in 2008, surpassed 33m passengers for only the second time in its history, serving 2.6m passengers over the month.

Heathrow reported its busiest ever December this year, driven by booming demand for transatlantic travel and a bumper Christmas.

Some 6.6m passengers passed through the west-London hub last month. Of those, 1.6m involved trips across the pond, helping New York’s JFK airport clinch the top spot as the most popular destination for the year.

The record month was also boosted by nearly 800 flights departing on Christmas day and carrying 142,000 passengers.

December brought Heathrow’s total annual passenger numbers to 79m over 2023, a year which saw Europe’s busiest hub finally break pre-pandemic traffic levels and edge closer to turning a profit.

https://www.cityam.com/london-heathrow-airport-has-its-busiest-ever-december-as-transatlantic-travel-booms/

The FTSE 100 is expected make a positive start to the day after US stocks rallied ahead of today's US inflation figures.

Spread betting companies are calling London's blue-chip index up by around 30 points

The US has made the long-awaited decision to allow Bitcoin to be part of mainstream investing funds.

It has approved what are known as spot Bitcoin exchange-traded funds (ETFs), which can be purchased by anyone from pension funds to ordinary investors.

https://www.google.com/amp/s/www.bbc.co.uk/news/technology-67916142.amp

Hope it's not news of another placing

Conger2

Don't invest in stocks if your comparing the two companies

ALIEN METALS (@AlienMetals) posted at 0:23 pm on Wed, Jan 10, 2024:

Citi analysts believe any dip in iron ore from here through to at least Chinese New Year could represent a buying opportunity for investors. Iron ore is set to fall for a fourth straight session amid rising supply, softer demand, and lower blast furnace rates in China.

2/2

(https://x.com/AlienMetals/status/1745058813902819619?t=_7_fItyqf07KfgXUASTaDQ&s=03)

ALIEN METALS (@AlienMetals) posted at 0:23 pm on Wed, Jan 10, 2024:

Market index reported that the iron ore price rally could continue as we enter 2024. Since 2008, iron ore has averaged a 1.9% gain in January and positive 64% of the time.

Read here: https://t.co/2wf2tDEq8I

1/2

(https://x.com/AlienMetals/status/1745058755505455201?t=Fu6DLsyivIEhsexrgDva2w&s=03)

Donkey might be in blue tomorrow US inflation figures out will give some clues to the pace of interest rate cuts this year

Bitcoin halving boosts hopes of 2024 Bull run

Https://www.cityam.com/new-10-charge-to-change-at-heathrow-will-hand-lead-to-european-rivals/

Https://www.google.com/amp/s/www.bbc.co.uk/news/business-67914707.amp