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On hols
50p nut cracked
If Big Blob Bailey don't fe@k up today might get a run on Lloyds to + side tomorrow to finish a good week
This will be JCB
😭😭😭😡😡
Dovish tone from Fed & UK tomorrow might push us past this hard nut 50p
Well here's hoping
R1ck5
Went Bowling the other week did not book
Yep could not get a game
some one i know runs a pub this weekend just gone customers wait was 40-50 deep to get in .
In London same wait for a table @ TFG of 1 hour to get a table
Just wait till Labour get in & see an extra 10 in front of you in a queue for the GP...
Housing & dole
Oh & 8 of them will be them boat illegal newly entered into the UK
STP
No problem with the healthcare i have been getting just saying
Poor health care
New Gp were i live New Sports centre New roads going in.
Healthcare i have received imo has been second to none well happy
Tory's are starting to turn things around
Oh Lets blame them for Covid the Wars that helped bring in high Inflation & high Oil even though it is controlled by Opec
Just wait till Labour get in & see an extra 10 in front of you in a queue for the GP...
Housing & dole
I used to like a Sticky toffee pudding on a Sunday
Not any more
Chatbot2
Do not see WHY gilinksi has kept Frumkim on in his role ?
With what has happened to Metro under his watch
Here we go again everyone has turned up to the Fight Club
Let the Fighting begin ding ding
Lets fill them gaps & while were at it the one in between STP's ears :-)
What is the point of you banging on about a bid
As you will never get back your £5
I'm sure most on here would welcome a bid but as you can see @ close to £1 none are coming
Go back to bed :-)
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Reuters
For sterling, the next Bank of England move is anyone's guess
Naomi Rovnick
Tue, March 19, 2024 at 5:30 AM GMT
By Naomi Rovnick
LONDON, March 19 (Reuters) - Money market pricing and short-term trading signals make the idea of the first Bank of England rate cut coming in late summer look like a clear bet. Economists and strategists are predicting a starkly different outcome for interest rates and the pound.
Speculators have topped up their sterling holdings, with so-called net long positions having risen to the most on record, according to the latest CFTC data. Swaps markets price the first 25 basis point (bp) cut no sooner than August.
Sterling is the best performing G10 currency against the dollar so far this year.
The BoE is expected to hold rates at a 16-year high of 5.25% this week, but economists anticipate the first cut far sooner than traders expect.
Bruna Skarica, chief UK economist at Morgan Stanley, sees softer-than-expected pay data published last week as justifying a rate cut in May.
Barclays and Capital Economics are placing their bets on a cut in June.
Traders are focused on the BoE's hawkish rhetoric, according to Rabobank strategists. Economists are querying whether the central bank's inflation forecasting is once again wrong and how quickly policymakers might turn dovish if the central bank's expectations prove incorrect.
The BoE expects price growth to drop to its 2% target in the second quarter but to rebound to almost 3% later in the year.
Paul Dales, chief UK economist at Capital Economics, sees headline UK inflation dropping to 1.6% in April and drifting to less than 1% by the end of the year.
"The Bank might switch quite quickly to worrying about inflation being too low," he said. Dales sees the pound drifting down to $1.20 later this year, from close to $1.27 now.
The turning point for sterling could come as soon as Wednesday, when UK inflation data is released.
Economists polled by Reuters expect inflation to have dropped to 3.6% in February.
"A print closer to 3.2% could lead the (BoE) to soften its guidance language a bit more," Barclays strategists said in a note to clients, which could liven up market bets for a May cut.
Hold tight
M the Newsroom
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U.S. markets open in 4 hours 46 minutes
S&P Futures
5,209.25
-5.50(-0.1055%)
Dow Futures
39,225.00
+2.00(+0.0051%)
Nasdaq Futures
18,190.25
-41.25(-0.2263%)
Russell 2000 Futures
2,046.90
-2.90(-0.1415%)
Crude Oil
82.53
-0.19(-0.2297%)
Gold
2,153.50
-10.80(-0.499%)
Advertisement
Close this content, you can also use the Escape key at anytime
Reuters
For sterling, the next Bank of England move is anyone's guess
Naomi Rovnick
Tue, March 19, 2024 at 5:30 AM GMT
By Naomi Rovnick
LONDON, March 19 (Reuters) - Money market pricing and short-term trading signals make the idea of the first Bank of England rate cut coming in late summer look like a clear bet. Economists and strategists are predicting a starkly different outcome for interest rates and the pound.
Speculators have topped up their sterling holdings, with so-called net long positions having risen to the most on record, according to the latest CFTC data. Swaps markets price the first 25 basis point (bp) cut no sooner than August.
Sterling is the best performing G10 currency against the dollar so far this year.
The BoE is expected to hold rates at a 16-year high of 5.25% this week, but economists anticipate the first cut far sooner than traders expect.
Bruna Skarica, chief UK economist at Morgan Stanley, sees softer-than-expected pay data published last week as justifying a rate cut in May.
Barclays and Capital Economics are placing their bets on a cut in June.
Traders are focused on the BoE's hawkish rhetoric, according to Rabobank strategists. Economists are querying whether the central bank's inflation forecasting is once again wrong and how quickly policymakers might turn dovish if the central bank's expectations prove incorrect.
The BoE expects price growth to drop to its 2% target in the second quarter but to rebound to almost 3% later in the year.
Paul Dales, chief UK economist at Capital Economics, sees headline UK inflation dropping to 1.6% in April and drifting to less than 1% by the end of the year.
"The Bank might switch quite quickly to worrying about inflation being too low," he said. Dales sees the pound drifting down to $1.20 later this year, from close to $1.27 now.
The turning point for sterling could come as soon as Wednesday, when UK inflation data is released.
Economists polled by Reuters expect inflation to have dropped to 3.6% in February.
"A print closer to 3.2% could lead the (BoE) to soften its guidance language a bit more," Barclays strategists said in a note to clients, which could liven up market bets for a May cut.
Daniel Frumkin even
They both need to do something major or going to have egg on their faces thinking they got a steal at 30p
Might get some cheaper than D Franklin & Gilinski
🤣🤣
No more than D Franklin deserves
I will share your thoughts with Gilinksi see what he thinks...maybe he's scheming to get the other half for like 20p or lower!
I'm sure he will not like 2nights sp close
The fine is peanuts
Surely that is not causing such a drop in sp?