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50p Friday looking good

Diamond hands no selling up 🙌🙌🙌📈

Today, sees rate decisions from the Bank of England and the ECB, both of which are expected to leave interest rates unchanged.

“If “higher for longer” wasn’t dead before last night, it certainly is now, and certainly makes the job of both the Bank of England, as well as the ECB later today that much harder in maintaining a hawkish bias.”

Https://www.proactiveinvestors.co.uk/LON:UFO/Alien-Metals-Ltd/rns/1395433

troy whittaker, chief executive officer commented:

"the company and its board would like to again thank the karlka nyiyaparli aboriginal corporation and its board of directors for their support in reaching this significant milestone. we are delighted to have finalised the mining agreement and we look forward to the ongoing relationship with the nyiyaparli people."

"signing of the mining agreement is a significant milestone for the company, which means the project is now substantially de-risked and will support the next phase of development and approvals required for the han**** project, which includes the submission of the mining proposal for the project."

The FTSE 100 is expected to open sharply higher after the US Federal Reserve signalled it would cut interest rates significantly in 2024.

Spread betting companies are calling London’s blue-chip index up by around 76 points

Charles Dickson failed used car sales man coffee shop pub chain what's the next one to go down

Https://youtube.com/shorts/Ac-0Sj1BBkY?si=1WoKXavNn0-iwPIc

Sedaka looks like you got your charts upside down 📈

The Dow closed Tuesday up 173 points, 0.5%, at 36,578, the Nasdaq Composite added 101, 0.7%, to 14,533 and the S&P 500 improved 21 points, 0.5%, to 4,644.

ALIEN METALS (@AlienMetals) posted at 0:22 pm on Tue, Dec 12, 2023:

Analysts at Morgan Stanley now project iron ore prices to average around $120 per tonne in 2024 if Beijing implements further stimulus measures.

4/4

#ironore #alienmetals #mining #UFO #investing #AIM #LSE

(https://x.com/AlienMetals/status/1734549204398178652?t=AnGgZ0NPHFylQqD2dEDVpQ&s=03)

Investors await key US inflation report and Fomc meeting

Anyone hoping the figures would prompt an earlier pivot from the BoE is kidding themselves,

Reality is that while the Bank of England was the first central bank to start raising rates it doesn’t necessarily follow that they will be the first to start cutting, with rates cut likely to come later rather than sooner

The FTSE 100 is expected to open higher on Tuesday following gains in the US on Monday and ahead of UK jobs and average earnings figures.

Spread betting companies are calling London’s lead index up by around 19 points

TheAnswerIsNo

"Car manufactory is nothing to to GDP"

🤦

"Not sure how you come to that conclusion Livestock with the SP still down -15% from it's February high of 54p?"

That's the trouble with investing in Lloyds it's a bellwether for the UK economy

Https://www.thetimes.co.uk/article/carmakers-lead-way-as-output-accelerates-fjmkqc7zs

Seven out of the 14 sectors tracked by Lloyds Bank raised activity last month, up from four in the previous month. The increase signals that pockets of the UK are recovering before what is expected to be a better year for the economy.

Car manufacturers and auto parts makers saw output bounce back from contraction to grow at the fastest rate of any sector

https://www.google.com/amp/s/bmmagazine.co.uk/news/carmakers-lead-uk-economic-growth-in-november-as-output-accelerates/%3famp

"GDP growth of 0.8% in 2024, rising to 1.6% in 2025"

With interest rates at 5.25% looks like governor bailey doing a great job, great for Lloyds investors too

The longer rates are kept at 5.25% the better for Lloyds investors, interest rate sensitivity for the economy is far lower than it has been as the country is bouncing back

The FTSE 100 remains on the back foot on Monday with weak data out of China hitting mining stocks.

Susannah Streeter, head of money and markets Hargreaves Lansdown explained the latest data showing China is sinking deeper into deflationary territory is raising fresh concerns about persistently weak domestic demand, amid plummeting food prices.

“Consumer prices fell 0.5% year on year in November and what will be a particular worry is that signs of fragility are now starting to be felt in the service sector,” she said.

With global growth expected to slow further in 2024, there will be little support coming from overseas, while the property market’s woes keep consumer confidence subdued, she added.

She said there will be growing “clamour for a big bazooka of stimulus” with hopes focused on the Central Economic Work Conference later this month for more medicine to try and put the economy on the road to better health.

On the back of the weak figures, Glencore fell 2.2%, Anglo American declined 2.0% and Fresnillo eased 1.7%.