Member Info for mick-b

Ii - have received my pittance as well.

GLA

New yearly high today.

Super momentum

TIN 38.7% year to date.

https://www.baha.com/commodities

1pm: Big bet on the Tories

Although the FTSE is not offering huge excitement today, political betting markets have been active.

Bookmaker Star Sports says a punter has waded in with a five-figure bet on a Conservative majority in the July election.

A £30,000 bet was placed on a Tory Majority at odds of 25/1, following Rishi Sunak’s announcement of a snap election on 4 July.

The bet defies the current polls, which currently predict a large Labour majority.

Star said the odds of a Conservative majority at the general election shortened from 33/1 to 25/1 following Sunak’s announcement.

William Kedjanyi, the bookie's political betting analyst, said: “Sunak’s decision to call a snap election in July has clearly filled one punter with buckets of confidence in his party, who has placed a massive bet with us at 25/1. This would return £750,000 should the Conservatives achieve a majority."

He said after the punchy bet Star has sliced the odds further into 20/1.

“Despite drifting from 1/12, Labour remain the odds-on favourites at 1/8 for a majority vote in July, with a fair amount of support coming in for there to be no majority at all at 11/2 from 15/2," Kedjani said.

BREAKING

Net migration to the UK fell 10% last year after hitting a record high in 2022, official figures show.

The number – the difference between the number of people arriving in the UK and leaving – was 685,000 in the year to December 2023, says the Office for National Statistics (ONS).

This represents a fall from 764,000 for the year to December 2022

NG

Shows how difficult to raise funds on the LSE

No wonder firms are leaving in droves....mostly to the States

"national grid down 10%.. "

£7B funding required to expand the National grid.

“Labour doesn’t have a plan” says man who hadn’t checked the weather forecast.

FTSE100 FLAT

https://www.ig.com/uk/indices/markets-indices/ftse-100

https://www.baha.com/Europe-mixed-premarket-with-data-UK-election-in-focus/news/details/62098575?internal=1

european markets closed wednesday's session with losses after inflation data in britain came in above forecasts at 2.3% on an annual basis in april.

producer prices in the united kingdom went up by 1.1% compared to april 2023, seemingly rekindling concerns about the bank of england's path forward. the downbeat sentiment appeared to be bolstered by the deutsche bundesbank's monthly report, in which the bank warned that the annual inflation rate in germany could see an increase in may.

the dax fell 0.27%. as covestro ag plummeted 4.31%. london's ftse 100 lost 0.55% with anto***asta plc tumbling 6.39%. the euro stoxx 50 declined 0.43% and the cac 40 slipped 0.61% as hermes international s.a. slid 4.38%.

the euro fell 0.13% against the dollar, selling at 1.08395 at 5:32 pm cet. the pound sterling gained 0.16% compared to the greenback, changing hands to 1.27308.

baha breaking news (bbn) / ab

european markets closed wednesday's session with losses after inflation data in britain came in above forecasts at 2.3% on an annual basis in april.

producer prices in the united kingdom went up by 1.1% compared to april 2023, seemingly rekindling concerns about the bank of england's path forward. the downbeat sentiment appeared to be bolstered by the deutsche bundesbank's monthly report, in which the bank warned that the annual inflation rate in germany could see an increase in may.

the dax fell 0.27%. as covestro ag plummeted 4.31%. london's ftse 100 lost 0.55% with anto***asta plc tumbling 6.39%. the euro stoxx 50 declined 0.43% and the cac 40 slipped 0.61% as hermes international s.a. slid 4.38%.

the euro fell 0.13% against the dollar, selling at 1.08395 at 5:32 pm cet. the pound sterling gained 0.16% compared to the greenback, changing hands to 1.27308.

baha breaking news (bbn) / ab

Confirmed 4th July

4TH OF JULY

nailed on...

1/5 on Betfair

https://www.betfair.com/exchange/plus/politics/market/1.223758498

Ministers cancelling arranged meetings and heading to London.

Cameron flying back from Albania.

Tories know things will only get worst if they leave it till Nov.

July 4th seems a favourite date.

Ministers cancelling arranged meetings and heading to London.

Cameron flying back from Albania.

Tories know things will only get worst if they leave it till Nov.

July 4th seems a favourite date.

TROAJAN

Sterling strengthened as inflation was worst than expected meaning interest rates stay high for longer. So silver in sterling went down a bit

Hence the FRES/HOC drop as silver in dollars went higher.

Police told to arrest fewer people.

Our prison estate is full

Just 12 places left

Tories the law and order party.....

AN UTTER DISGRACE

FRES/HOC down 1.5%

exchange rate?

FTSE Futures down 0.55%

https://www.ig.com/uk/indices/markets-indices/ftse-1005