Barclays Share Discussion Threads

[adp] 01/7/2015 10:24

European stock markets surged on reports that Greece may be willing to accepts the reforms required by its international creditors. London's FTSE is up by 1.2%, Frankfurt's Dax is 1.61% higher, but the bigger riser is France's Cac, which is up 1.7%.

[mani2013] 01/7/2015 10:16

If anyone is interested in the events that are currently influencing the world currency and stock, and bond markets minute by minute (commodities unusually remaining unperturbed!!).



It looks like its going to be a YES on Sunday......with more 'talking'. It should take the sting out the rout....temporarily :)

[diku] 01/7/2015 08:56

Are they just voting to stay in Europe?...and if so does it mean Greeks have to accept the austerity measures...it seems the 2 issues are inter linked as some Greeks want to stay in Europe but cannot accept the current austerity measures or any greater austerity measures or they want it relaxed...if you know what I mean!!...

[astol] 01/7/2015 08:48

Oh well- I will add my thoughts and keep the BB ticking.
Relating to Greece/the forthcoming referendum and banking sector- the capital controls now in place and default with the IMF I believe that the Greek people will favour staying in the euro-if Greece returns to the Drachma then the country will not be able to stand on its own feet.Its one thing to vote for a Grexit but the reality is there is too much risk-so sense will prevail-The positive start today in the FTSE and Barc shows a positive outcome-a Yes vote for Greece staying in the euro.
Great to see some good blue on the Barc share price today-oversold- see strong support at 260/261p and bearing in mind the drop in the FTSE and Dow plus the Greek scenario the share price has traded in a 260-273p range.
Results on 29 July-300p is my target by then

[mbmiah] 01/7/2015 01:10

Nothing is happening in real terms as far as barc is concerned. The Greece saga is an excuse for market correction.

[diku] 30/6/2015 23:43

Thread dying!!...

[david90] 30/6/2015 21:52

28 posts yesterday and only one today. What happened?

[milliecusto] 30/6/2015 21:49

11 mins to default,seems alittle to calm.

[astol] 29/6/2015 14:44

triktrak-Thanks for your post-all looks good for Barclays to me.

[triktrak] 29/6/2015 12:21

Barclays plc (LON:BARC) shares are tipped to advance with gains expected as long as the pivot point at 249p remains unbroken.

Initial targets on BARC are set at 285 and then 292 in extension as the share price is forecast to maintain an upward-orientate trend.

[smartypants] 29/6/2015 11:38

The legal basis on which all potential further bail-outs were dependent expires. As the eurogroup meeting declined to prolong the current programme further that means that at the time of the proposed referendum, there is no contract in place that the Greek authorities could then accept or decline (i.e. technically, there is nothing to vote upon). Furthermore, the European side will find it difficult to then pay out any funds even if the referendum went in favour of any further bail-out. In that case, a completely new contract would have to be drawn up that would then have to be passed by all relevant member states’ parliaments

[waldron] 29/6/2015 11:13

chuckle

alphorn

tres wicked

[alphorn] 29/6/2015 11:02

Why should you be surprised? .........bit like Hull defaulting?

[smartypants] 29/6/2015 10:58

It appears that my sarcasm may have back fired on me ??
However, my bewilderment at the reaction, or rather lack of reaction, to the unfolding drama ??..crises in Greece remains ???

[smartypants] 29/6/2015 10:56

astol..thank you for your comments/reply
I was unaware that Paddy Power were a force in the financial markets and that they were the go-to source for investment information ?

[alphorn] 29/6/2015 10:36

IMO likely that Greece will remain in the € and that the clown Tsipras will be ousted.

[astol] 29/6/2015 10:01

smrtypants- not really-nobody avoiding the situation but measures are in place to avoid contagion and belief that the Greek people will agree to stay with the Euro-Tsipras likely to be ousted or if he wants to stay in government will have to ensure the the austerity measures are actioned and agreed by parliament.
As regards Barc- they have little exposure to Greece and as advised contagion to other euro countries namely Spain, Portugal and Italy specifically is not going to happen.
Hot off the press-PADDY POWER odds favour Greece to stay in the euro!!!!

[smartypants] 29/6/2015 09:40

Mind boggling that every one is ignoring the actual situation and buying in to the belief that every thing will be fine in a few days time..there is it seems nothing to be worried about nothing to be cautious over, no avoidance of any further risk......Mind boggling.!

[smartypants] 29/6/2015 09:34

Market pricing in 'Yes' result for July 5 referendum on staying in Eurozone

Shanghai Composite index follows China's 'Black Friday' with 7% plunge

[astol] 29/6/2015 09:18

cmc markets on Bloomberg saying see the dip today as a buying opportunity and the markets are sanguine.

[smartypants] 29/6/2015 09:16

Yes .. Blue finish..
The Yanks will react very positivly when they kick off later, they love a bit of turmoil in the markets
What a con..LLOY and RBS now down less than 2%...just a normal trading day swing..??
All will be forgotten by tomorrow