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Shares on the major European stock market indexes traded above the flatline in the premarket on Thursday as the investors awaited the European Central Bank's decision regarding the interest rates, scheduled to be unveiled later in the day.

Optimism prompted by the inauguration of Joe Biden as the 46th United States President was embodied in record highs seen on Wall Street at the previous day's close, while the shares in the Asia-Pacific region followed the same upward trend.

The DAX rose by 0.29% at 7:30 am CET, while the FTSE 100 concurrently gained 0.35%.

The euro and the pound both advanced versus the dollar, increasing 0.22% and 0.34% at 7:29 am CET, to go for 1.21340 and 1.37053, respectively.

Breaking the News / BU

Pp1 with regards to your use of the term imagination, I am of the opinion that in all probability what ever market force may cause the stock to rise be it the economy recovery due to the Covid19 vaccine and fatality figures dropping and thus stocks rising in reflection.
It isn’t imagination but an in all probability view of what can be expected in the coming months.

With constant dipping in and out of this bb I have a good general view of a cross section of its posters and I’d just like to add to my comments earlier and that is by my use of the phrase “ anything and everything could happen” I was attempting to suggest that maybe we won’t have to wait that long for a game changer.
Full on investing in anything is usually all about making money and that’s I believe why Morgan Stanley are sniffing around, money not ethics.
Something’s gotta give.

Pp1 Boohoo is so undervalued when you consider JP Morgan’s target price is £4:80

I think anything and everything is likely to happen to Boo as the market is handicapping the share value for no proper reason only unproven accusations .
When I say anything I think it’s possible the company could be taken private along with some city bankers and possibly refloated in the US.
The way the U.K. market is treating the company is enough for the directors to want to leave town.

Last week it made £3:72 when according to General consensus of analysts it should be at least £4:30
This is reason enough to unsettle the owners.
What will it take for the market to put the proper valuation on the shares, a bid.

Shares on major European markets were mostly higher during premarket trading on Wednesday ahead of the inauguration of Joe Biden.

Biden's scaled-back swearing-in ceremony in front of the Capitol will take place amid heightened security in DC with 25,000 National Guard troops called on to protect the event. Meanwhile, outgoing President Donald Trump will hold his own farewell ceremony at Joint Base Andrews.

The DAX was up 0.08% at 7:35 am CET, while the FTSE 100 gained 0.32%. The CAC 40 was flat. The euro advanced 0.18% against the dollar at the same time, buying 1.21487.

Breaking the News / JC

An inauguration rally?
Happy hump y’al

Shares on major European markets were mostly higher during premarket trading on Wednesday ahead of the inauguration of Joe Biden.

Biden's scaled-back swearing-in ceremony in front of the Capitol will take place amid heightened security in DC with 25,000 National Guard troops called on to protect the event. Meanwhile, outgoing President Donald Trump will hold his own farewell ceremony at Joint Base Andrews.

The DAX was up 0.08% at 7:35 am CET, while the FTSE 100 gained 0.32%. The CAC 40 was flat. The euro advanced 0.18% against the dollar at the same time, buying 1.21487.

Breaking the News / JC

An inauguration rally?
Happy hump y’al

Superdry shares have fallen sharply after the fashion brand issued a going concern warning, although the company’s founder insisted the business would survive the turmoil caused by the pandemic.

https://www.theguardian.com/business/2021/jan/19/superdry-covid-19-sales-shares-revenues

Stocks on the major European benchmarks traded higher in the premarket on Tuesday as the investors anticipated the data scheduled for release later in the day. Centre for European Economic Research (ZEW) is due to come out with its survey of the economic sentiment in Germany, while the European Central Bank will publish its quarterly bank lending survey.

On the COVID front, the United States has sent mixed messages in regards to lifting travel restrictions for the Schengen Area, as well as the United Kingdom. Sitting US President Donald Trump issued a proclamation stating that the entry to the US will be allowed from January 26, while president-elect's future White House secretary stressed that the new administration has no intention to back the move.

The DAX rose 0.65% at 7:30 am CET, while the FTSE 100 gained 0.51% at the same time. Both euro and pound strengthened versus the euro, advancing 0.15% and 0.14% at 7:29 am CET, to sell for 1.20949 and 1.36060, respectively.

Breaking the News / BU

Stocks on the major European benchmarks traded higher in the premarket on Tuesday as the investors anticipated the data scheduled for release later in the day. Centre for European Economic Research (ZEW) is due to come out with its survey of the economic sentiment in Germany, while the European Central Bank will publish its quarterly bank lending survey.

On the COVID front, the United States has sent mixed messages in regards to lifting travel restrictions for the Schengen Area, as well as the United Kingdom. Sitting US President Donald Trump issued a proclamation stating that the entry to the US will be allowed from January 26, while president-elect's future White House secretary stressed that the new administration has no intention to back the move.

The DAX rose 0.65% at 7:30 am CET, while the FTSE 100 gained 0.51% at the same time. Both euro and pound strengthened versus the euro, advancing 0.15% and 0.14% at 7:29 am CET, to sell for 1.20949 and 1.36060, respectively.

Breaking the News / BU

Shares on the major European stock market indexes traded lower in the premarket on Monday, as worries regarding the impact of the coronavirus pandemic lingered among the investors.

The announced delays in the distribution of the COVID jab developed by Pfizer/BioNTech fell in line with the prognosis of United States President-elect Joe Biden that the world has a "dark winter ahead," and with decisions of European leaders to tighten virus containment measures.

The DAX slid 0.29% at 7:31 am CET, while the FTSE 100 concurrently decreased by 0.16%. The pound lost 0.11% versus the dollar, selling for 1.35698 at 7:33 am CET, while the euro stood flat against the greenback, to go for 1.20781 at the same time.

Breaking the News / BU

Shares on the major European stock market indexes traded lower in the premarket on Monday, as worries regarding the impact of the coronavirus pandemic lingered among the investors.

The announced delays in the distribution of the COVID jab developed by Pfizer/BioNTech fell in line with the prognosis of United States President-elect Joe Biden that the world has a "dark winter ahead," and with decisions of European leaders to tighten virus containment measures.

The DAX slid 0.29% at 7:31 am CET, while the FTSE 100 concurrently decreased by 0.16%. The pound lost 0.11% versus the dollar, selling for 1.35698 at 7:33 am CET, while the euro stood flat against the greenback, to go for 1.20781 at the same time.

Breaking the News / BU

Boohoo (BOO)’s financials make it a ‘buy’ but Liberum says the scale of the governance challenges at the online clothing retailer should not be ignored.

Analyst Wayne Brown retained his ‘hold’ recommendation and increased his target price from 350p to 380p on the stock, which has been at the centre of a number of scandals involving poor working conditions, money laundering and VAT fraud.

Despite this, the company still managed to grow sales 40% year-on-year in the last four months of 2020 and is adding a third warehousing site in the UK in April to increase capacity and support growth.

Brown said progress on environmental, social and governance (ESG) issues was ‘ongoing’.

‘While the financial and operational performance suggest a “buy”, we remain on the side of caution given the scale of the ESG challenges, the possibility of follow-up investigations, and potential financial impact from cleaning up the supply chain,’ he said.

The shares closed down 3.7%, or 13p, at 338.20p on Friday, having closed 4.9% lower on Thursday, the day the trading statement was released.

Interview with Jade Holland ie Mrs Dunkerton about the affects of export import on trade since Brexit kicked in.

LIBERUM RAISES BOOHOO PRICE TARGET TO 380 (350) PENCE - 'HOLD'

Major European stock market indexes were lower in premarket trading on Friday after Spain reported a new daily record of registered COVID-19 cases while worries emerged about the vaccine rollout in the United Kingdom and the United States. Before the session, investors will be looking at trade balance and industrial production data from the UK.

The DAX fell 0.69% at 7:38 am CET and the FTSE 100 lost 0.50% at the same time. France's CAC 40 was 0.70% lower at 7:38 am CET.

The euro declined by 0.21% against the dollar to 1.21384 at 7:30 am CET and the pound lost 0.16% compared to the greenback at the same time, going for 1.36709.

Breaking the News / VP

Happy Friday y’al

Major European stock market indexes were lower in premarket trading on Friday after Spain reported a new daily record of registered COVID-19 cases while worries emerged about the vaccine rollout in the United Kingdom and the United States. Before the session, investors will be looking at trade balance and industrial production data from the UK.

The DAX fell 0.69% at 7:38 am CET and the FTSE 100 lost 0.50% at the same time. France's CAC 40 was 0.70% lower at 7:38 am CET.

The euro declined by 0.21% against the dollar to 1.21384 at 7:30 am CET and the pound lost 0.16% compared to the greenback at the same time, going for 1.36709.

Breaking the News / VP

Happy Friday y’al

https://www.google.co.uk/amp/s/www.thisismoney.co.uk/money/markets/article-9148515/amp/Lockdowns-wipe-1bn-Primark-sales-Boohoo-booms.html

Associated British Foods (ABF) may have taken a Covid-19 hit via its Primark brand but its food business means it is in ‘rude health’ and the shares are ‘under-rated’, says Shore Capital.

Analyst Darren Shirley reiterated his ‘buy’ recommendation on the stock, which closed up 34p, or 1.5%, at £22.55 yesterday, despite warning it faces a loss of £1bn in the first half if lockdown keeps its Primark clothing stores shut until the end of February.

‘Our key takeaway is that outside of Covid-19 impacted retail the business is in rude health, with all food-related activities trading ahead year-on-year and above start-of-year expectations,’ he said.

Although retail is under pressure in the short-term, Shirley said the broker continues to see ‘still-immature Primark as a medium to long-term winner’.

‘We view the stock as under-rated given it operates a high-quality portfolio of global and local grocery brands, a sugar business of global scale that looks well placed to deliver higher and more sustainable levels of profitability…and a Primark business that remains highly immature,’ he said.

Sales at Boohoo jumped 40% in the run-up to Christmas as shoppers shrugged off the association of the online company with poor working conditions in clothing factories in the UK and overseas.

https://www.theguardian.com/business/2021/jan/14/boohoo-sales-leap-run-up-christmas-defies-poor-working-practices-concern

Here’s links to both Boo and ASOS intraday chart ms showing both drop off at the same time.

https://www.lse.co.uk/ShareChart.asp?chart=intraday&sharechart=BOO&share=Boohoo

https://www.lse.co.uk/ShareChart.asp?chart=intraday&sharechart=ASC&share=ASOS