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Major stock indexes in Europe traded below the flatline premarket on Wednesday with today's economic data in focus. European Central Bank President Christine Lagarde predicted that the European economy will reach pre-pandemic levels by the end of the year.

The FTSE 100 dropped 0.59% at 7:39 am CET, while the DAX tumbled 0.66%. The CAC 40 lost 0.60% at the same time.

The euro fell 0.09% against the dollar at 7:40 am CET, selling for $1.15876. The pound decreased 0.15% concurrently to go for $1.36090.

Breaking the News / MD

Happy hump y’al

Major stock indexes in Europe traded below the flatline premarket on Wednesday with today's economic data in focus. European Central Bank President Christine Lagarde predicted that the European economy will reach pre-pandemic levels by the end of the year.

The FTSE 100 dropped 0.59% at 7:39 am CET, while the DAX tumbled 0.66%. The CAC 40 lost 0.60% at the same time.

The euro fell 0.09% against the dollar at 7:40 am CET, selling for $1.15876. The pound decreased 0.15% concurrently to go for $1.36090.

Breaking the News / MD

Happy hump y’al

Thanks Giantsquid for bothering to post the Kitco link.
As you seem to have only posted here twice I’m guessing you’re not a holder, either way thank you for shearing the info.
I took the liberty if you didn’t mind of reposting the link you shared on September 25th

The current price is showing at $1760 which is being quoted as off by .5% strange the price was $1760 this time yesterday.

Thanks again…

The 2nd link . The reason I’m posting is both suggest gold won’t continue downward but will trade between $1700 & $1800 before staging an upward trend.
Ty again

https://www.kitco.com/news/2021-09-24/The-real-gold-price-test-is-coming-next-week-analysts.html

Cover just arrived… oh well, you get what you pay for… Vomit!!!

*Cey divi arrived yesterday.

Major stock indexes in Europe traded in the green on Tuesday premarket as investors waited for today's batch of economic data. Eurogroup President stated that the Eurozone inflation should start to fall next year.

The FTSE 100 was up 0.39% at 7:52 am CET, while the DAX gained 0.28% at the same time. The CAC 40 rose 0.26%

The euro and the pound lost 0.25 and 0.16% against the greenback at 7:53 am CET, changing hands for $1.15913 and $1.35875 respectively.

Breaking the News / MD

Major stock indexes in Europe traded in the green on Tuesday premarket as investors waited for today's batch of economic data. Eurogroup President stated that the Eurozone inflation should start to fall next year.

The FTSE 100 was up 0.39% at 7:52 am CET, while the DAX gained 0.28% at the same time. The CAC 40 rose 0.26%

The euro and the pound lost 0.25 and 0.16% against the greenback at 7:53 am CET, changing hands for $1.15913 and $1.35875 respectively.

Breaking the News / MD

Thank you Alwaysone, now I can live with it, knowing it was across the board.

Hello Alwaysone, the price took a wobble around 4pm for some reason this also isn’t that important, just strange.
The pog has perked up since 4:30, higher now than it’s been all day. We’ll get the benefit in the morning if it lasts until then. Don’t like unexplained wobbles though.

Equities in Europe traded higher in the premarket on Monday ahead of the release of the freshest report on the Eurozone's investor confidence. Earlier, the United Kingdom's Petrol Retailers Association (PRA) estimated the ongoing fuel crisis is "virtually at an end." Meanwhile, British Prime Minister Boris Johnson claimed the issues concerning supply chains the country is currently facing is due to it being the "fastest-growing economy in the G7 [Group of Seven]."

In the meantime, the French Foreign Ministry confirmed its head Jean-Yves Le Drian will meet United States Secretary of State Antony Blinken to discuss the tension between their two countries that emerged following the so-called AUKUS deal.

The DAX went up by 0.25% at 7:21 am CET. At the same time, the FTSE 100 advanced by 0.40%. The CAC 40 rose by 0.26%.

Both the euro and the pound sterling stood flat against the dollar, selling for $1.15982 and $1.35460, respectively, at 7:39 am CET.

Breaking the News / JR

Equities in Europe traded higher in the premarket on Monday ahead of the release of the freshest report on the Eurozone's investor confidence. Earlier, the United Kingdom's Petrol Retailers Association (PRA) estimated the ongoing fuel crisis is "virtually at an end." Meanwhile, British Prime Minister Boris Johnson claimed the issues concerning supply chains the country is currently facing is due to it being the "fastest-growing economy in the G7 [Group of Seven]."

In the meantime, the French Foreign Ministry confirmed its head Jean-Yves Le Drian will meet United States Secretary of State Antony Blinken to discuss the tension between their two countries that emerged following the so-called AUKUS deal.

The DAX went up by 0.25% at 7:21 am CET. At the same time, the FTSE 100 advanced by 0.40%. The CAC 40 rose by 0.26%.

Both the euro and the pound sterling stood flat against the dollar, selling for $1.15982 and $1.35460, respectively, at 7:39 am CET.

Breaking the News / JR

The Restaurant Group (RTN), owner of Frankie & Benny’s and Wagamama, will be hindered by inflation but the valuation of the shares still looks ‘undemanding’, says Jefferies.

Analyst James Wheatcroft retained his ‘buy’ recommendation and target price of 170p on the stock, which closed up 2.5%, or 2.6p, on Friday at just under 106p.

‘Inflation-related downgrades will likely pause the Restaurant Group’s equity story. We remain positive into the medium term,’ he said.

Wheatcroft said the owner of some of Britain’s best-known restaurant brands was now ‘recapitalised, repositioned towards higher growth and well-placed to gain market share’.

The company’s improved position and the reopening of the economy have seen the shares double in the last year.

‘Year-to-date market outperformance underscores the estate potential, but forecast momentum will likely be required to the drive the share price,’ said the analyst.

‘The valuation for its 2023 financial year is undemanding at 7.6x enterprise value/EBITDA, 16.8x price/earnings, and 7.5% free cashflow yield.’

I spoke with my broker on Friday and I mentioned Boohoo and he said his brokerage had just started covering them.
I deal through Davy’s here in Ireland.
I thought I’d mention it here as it leads me to believe while Boohoo got savaged last week I think people need to believe this isn’t the end for Boo.
A rash of negative headlines right across the financial spectrum will give and money chasing money more positive news will eventually follow.
Just thought I say it’s not over for boo just a negative season that will pass through time.

Sorry pc posted unfinished.

All’s well, the day will come if not soon then the divi will do in the interim.

This is profoundly safe.

If the backside was to fall out of the share price the company would get a bid.
(this will never happen,I’m just listing the scenarios.)
Alternatively the company will provide progress to mend and the price of gold will go up and the share price with it

Equities in Europe traded lower in the premarket on Friday ahead of Germany, the European Union, and the United Kingdom's latest reports on their manufacturing sectors. Germany will also post its latest results in retail sales, while the bloc will do the same for consumer prices.

Earlier, Brussels halted its trade negotiations with Australia due to the rift between Canberra and France over the terms of the so-called AUKUS deal. Across the pond, the United States Senate failed to reach an agreement on the social spending package.

The DAX sank by 1.09% at 7:04 am CET. At the same time, the FTSE 100 declined by 0.86%. The CAC 40 fell by 0.97%.

The euro stood flat against the dollar at 7:08 am CET, going for $1.15789. A minute later, the pound sterling lost 0.14% to the greenback to sell for $1.34555.

Breaking the News / JR

Happy Friday y’al

Equities in Europe traded lower in the premarket on Friday ahead of Germany, the European Union, and the United Kingdom's latest reports on their manufacturing sectors. Germany will also post its latest results in retail sales, while the bloc will do the same for consumer prices.

Earlier, Brussels halted its trade negotiations with Australia due to the rift between Canberra and France over the terms of the so-called AUKUS deal. Across the pond, the United States Senate failed to reach an agreement on the social spending package.

The DAX sank by 1.09% at 7:04 am CET. At the same time, the FTSE 100 declined by 0.86%. The CAC 40 fell by 0.97%.

The euro stood flat against the dollar at 7:08 am CET, going for $1.15789. A minute later, the pound sterling lost 0.14% to the greenback to sell for $1.34555.

Breaking the News / JR

Happy Friday y’al

The end of lockdown and cost pressures have provided a double hit to Boohoo (BOO) but AJ Bell says, strategically speaking, the fast-fashion retailer is getting its act together.

The online retailer disappointed investors hoping for faster growth as it reported a 9% increase in sales in the second quarter, significantly below the consensus forecast of 28%. Profits were also hit by higher costs, including freight and wage inflation.

The shares crashed 15%, or 39p, to close at 217p on Thursday.

However, analyst Russ Mould said investors shouldn’t get hung up on one quarter’s numbers, referring to the company’s progress on ESG – or environmental, social and corporate governance concerns – after a labour scandal labour last.

‘Strategically Boohoo is getting its act together on the ESG front, with more control over its supply chain and various initiatives to make amends following poor governance,’ he said.

‘The company also continues to expand organically and via acquisitions, finding new ways to reach a broader audience and to sell more items to customers, such as beauty products.’

The weakest point in today’s presentation was Ross Jerrard talking about the $300m cash reserve/ dividend going forward.
My interpretation is he hinted that if the divi is to be maintained over the next few years that the cash res may reseed to $200m + divi.

Probably an over analyzation but they sounded like it is a possibility.

Good point Halfpenny, I have in the past sat watching punters post they had received their dividend and as I deal through a broker felt I was getting typical broker service but the money did arrive (as you say) in a couple of days, so what if it takes a while so long as it’s coming.

European stock exchanges were in the green in premarket on Thursday after ECB President Christine Lagarde insisted yesterday that the inflation is temporary and that the Eurozone economy is recovering fast. Meanwhile, the EU and the US held a meeting during which they agreed on semiconductor supply cooperation, as well as improving bilateral trade. Traders also prepared for several economic data reports from the United Kingdom, the Eurozone and Germany, due to be released throughout the day.

The DAX advanced 0.47%, London's FTSE 100 rose by 0.50% and the CAC 40 climbed 0.52% at 7:23 am CET.

The euro was up 0.07% compared to the dollar at 7:25 am CET, trading for 1.16044. The British pound was 0.15% higher against the greenback, changing hands for 1.34463 a minute later.

Breaking the News / MS

Good luck today y’al
My last venture into boo ended with a sale at £3.70 and I believed at the time the true value was £4.30 but the relentless negativity from the British press frightened me out.
I wouldn’t be surprised to see boo rise in double % figures today, good luck all.