Member Info for volcano

Opec producers and allies have agreed to cut output by more than a fifth to counter the slump in demand caused by coronavirus lockdowns.

The group said it would cut output in May and June by 10 million barrels to help prop up prices. The cuts will then be eased gradually until April 2022.

Opec+, made up of Opec producers and allies including Russia, held talks on Thursday via video conference.

Talks were complicated by disagreements between Russia and Saudi Arabia.

The group and its allies agreed to cut 10 million barrels a day or 10% of global supplies. Another 5 million barrels is expected to be cut by other nations.

It said the cuts would be eased to eight million barrels a day between July and December. Then they would be eased again to six million barrels between January 2021 and April 2022.

Finance NewsGLOBAL MARKETS-Global stocks jump on Fed stimulus, hopes pandemic is slowing
GLOBAL MARKETS-Global stocks jump on Fed stimulus, hopes pandemic is slowing
Thu, 9th Apr 2020 15:08Thomson Reuters

yes the markets are looking at six months a head mate ,
but now is the time to buy companies with strong fundamentals.
Legal & General Group Plc
LGEN
218.40 GBX
+22.35 (11.40%

Covid-19 Antibody Test Could Be Scaled Up By May End Says AstraZeneca
Thu, 9th Apr 2020 14:32Alliance News
(Alliance News) - AstraZeneca aims to deliver a validated Covid-19 antibody test by the beginning of May that could be scaled up by the end of that month, its UK president has said.

Tom Keith-Roach told the PA news agency the focus is on antigen tests, which can tell people whether they have the virus, but work is also ongoing on an antibody test.

Antibody tests are seen as a vital route out of lockdown. They work by telling people if they have already had the virus and developed immunity, which can enable them to return to normal life.

AstraZeneca, Cambridge University and GlaxoSmithKline have joined forces for a testing facility in Cambridge with the aim of delivering 30,000 antigen tests by the start of May.

WOW,i have got my trades wrong this morning specially LGEN ,
i would never learn ,it must be time to give up this ....... game.

Legal & General Group Plc 59.4% Potential Upside Indicated by RBC Capital Markets
Posted by: Amilia Stone 9th April 2020

Legal & General Group Plc with EPIC/TICKER (LON:LGEN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. Legal & General Group Plc are listed in the Financials sector within UK Main Market. RBC Capital Markets have set a target price of 320 GBX on its stock.

now i am done time to rest in the garden with a beer ,keep safe and gla.

518.00 GBX +259.50 (100.39%)
9 Apr, 13:39 BST · Disclaimer

515.05 GBX +256.55 (99.25%)
9 Apr, 13:39 BST · Disclaimer

Likey they won't be good to you in the moon mate would they ,lol

i have traded it today ,but it is to volatile for me to hold long term ,
i will sleep well tonight though,lol

themuir01 are you still in here or you left yesterday?

415.00 GBX +156.50 (60.54%)
9 Apr, 13:18 BST · Disclaimer
who left here yesterday and went to chase AVCT, lol

366.00 GBX +107.50 (41.59%)
9 Apr, 13:07 BST · Disclaimer

But there is no sporting events out there so what people are betting on,
pie eating competition? you cannot do that either ,lol.
but it is good to see the share price is rising though.
keep safe

TWOSHEDS please tell as why, the company got no income yet.

Gold
1,705.00
+20.70+1.23%
That is way i am cash only for now. and trade now and again.

Gerry which of this companies will give you the best return in a long term,
STOB or CPI the lows was 24p , very risky but one day we have to buy and hold
but when ? i need to get my shopping for the weekend
and i am not looking forward to it ,keep safe.

Oil prices have risen ahead of a meeting of major global oil producers on expectations that they will agree production cuts to counter the slump in demand caused by coronavirus lockdowns.

Brent crude rose 3% to $33.95 a barrel on hopes that up to 15 million barrels a day will be cut from global supply.

Opec+, made up of Opec producers and allies including Russia, is due to hold talks via video conference on Thursday.

The failure by Opec+ to agree cuts in March triggered a slump in oil prices.

In the wake of the March meeting, Saudi Arabia and Russia moved to boost production in order to retain market share amid falling global demand.

That, together with the collapse in demand for oil amid the coronavirus pandemic, help to push oil prices to 18-year lows by the end of March.

Prices have recovered some ground since then. Last week, prices jumped 20% after US President Donald Trump said he expected Saudi Arabia and Russia to end their feud

Looks like i have timed it perfectly ,it could be red finish on FTSE 100