Royal Bank Of Scotland Share Discussion Threads

[jwe] 29/5/2013 14:22

It is the perverse logic that has dominated the markets for a long while.Bad news=more QE-up markets go.Good news means less QE and down they go

[ramco] 29/5/2013 14:20

On Monday, ECB Executive Board member Joerg Asmussen said that the stimulative monetary policy of Europe's Central Bank would stick around as long as necessary. And then on Tuesday in Japan, a BOJ (Bank of Japan) board member said it was vital to keep long- and short-term interest rates stable.

Boom. If you had any questions about the globe's central bankers being the rock stars of the current stock market party, these comments should have erased them. The bottom line here is that while the U.S. Fed may be starting to think about winding down its QE program, other Fed-heads appear to be ready to pick up the slack. As such, the "money sloshing around in the system looking for a home" argument for stocks just might continue.

[ramco] 29/5/2013 14:18

Market preview: U.S. stock futures suffer along with European shares following yesterday's rout in the bond market as markets get antsy about whether the Fed will start winding down its QE program. The S&P Mini is -0.4%, although Treasurys seem to be a bit more stable at the moment. Smithfield jumps 25% on acquisition news, sending Tyson Foods 4.2% higher as well, while Fresh Market increases 5.7% following earnings.

[ramco] 29/5/2013 14:17

bread and butter....;

[ramco] 29/5/2013 14:17

Investors pulled money out of real estate yesterday, with the iShares Dow Jones U.S. Real Estate ETF (IYR) losing 4% of its AUM. Notably garnering assets yesterday were the Consumer Staples SPDR (XLP), the MSCI Germany ETF (EWG), and the Dow Jones U.S. Tech ETF (IYW) - each adding nearly 4%. The dip-buyers were out on the MSCI Japan (EWJ) and Japan Hedged Equity (DXJ) funds - they added nearly 2% in AUM.

[leedskier] 29/5/2013 14:15

If all the news is so positive out Europe and the USA, why is London rolling over?

[leedskier] 29/5/2013 14:13

The FTSE100 has now fallen so far today by more than it rose at the close yesterday ;

[ramco] 29/5/2013 14:12

EU Extends Deficit Deadlines For Most European Countries, Admits Structural Adjustment Failure, Kills Austerity
the following European Commission website hit the interwebs, which can be summarized as follows:

•EU EXTENDS DEFICIT DEADLINE FOR PORTUGAL TO 2015
•EU EXTENDS DEFICIT DEADLINE FOR NETHERLANDS TO 2014
•EU EXTENDS DEFICIT DEADLINE FOR SPAIN UNTIL 2016
•EU RECOMMENDS LIFTING EXCESSIVE-DEFICIT REGIME FOR ITALY
•EU SAYS 20 STATES CURRENTLY UNDER EXCESSIVE-DEFICIT PROCEDURES

[ramco] 29/5/2013 14:04

On the hour: S&P -0.47%. 10-yr +0.11%. Euro +0.72% vs. dollar. Crude -0.75% to $94.3. Gold +0.53% to $1386.95.

[dope007] 29/5/2013 14:03

Tesla - LOLs

[ramco] 29/5/2013 14:01

MBA Mortgage Applications: -8.8% vs. -9.8% last week.

[ramco] 29/5/2013 14:00

Tesla Motors (TSLA) watch: Elon Musk will speak today at the All Things Digital D11 conference. While the exec could throw a wildcard out, the focus of investors this week is the pending announcement on plans for a network of Superchargers stations and more details on the financial impact of Tesla's leasing program. TSLA +1.2% premarket to $111.70.

[avatar333] 29/5/2013 14:00

http://www.bbc.co.uk/weather/features/22704655

[ramco] 29/5/2013 14:00

The RBA may need to cut its record-low benchmark interest rate (now at 2.75%) another two times, says Pimco, noting the Australian dollar's recent decline to an 18-month low hardly puts the unit in weak territory. Markets are currently pricing in just one cut - not enough says Pimco unless the aussie falls a lot further than it already has. After another sharp decline overnight, the aussie (FXA) has returned back to around unchanged.

[ramco] 29/5/2013 14:00

however just out...

Redbook Chain Store Sales: +2.7% Y/Y vs. +2.4% last week.

[ramco] 29/5/2013 13:59

lol...Avatar...something here your following...

ICSC Retail Store Sales: -0.9% W/W, vs. +0.2% last week. +2.8% Y/Y vs. +3.1% last week.

[ramco] 29/5/2013 13:58

The global air freight market improved slightly in April, according to IATA. Freight traffic rose 1.2% Y/Y and 0.8% M/M during the period with Latin America and the Middle East showing "encouraging signs" of growth. Last year, global air cargo demand fell by 1.5% on softer world trade to impact FedEx (FDX) and UPS (UPS).

[ramco] 29/5/2013 13:57

Treasurys are no longer a sell, says Goldman, closing out its (highly profitable) short in the 10-year note this morning. (via Doug Kass). Higher earlier, the 10-year yield is now 1 bp lower on the session at 2.15%. TLT +0.7% premarket, TBT -0.9%.

[avatar333] 29/5/2013 13:56

I'm sure you're being modest about your house being modest.

;

[leedskier] 29/5/2013 13:55

I bought a very modest house in 1980, which I sold for a 25% uplift two years later. The same house was sold prior to the Global Financial Crisis for 10x the amount I paid for it.

Is it any wonder that there are press reports today of the buy to let market booming again? There is very little in the UK which rises in step with house prices.

[d_charger] 29/5/2013 13:16

GF, about 2,100,000

[avatar333] 29/5/2013 13:15

U.K. Retail Sales Slump in May



LONDON--U.K. retail sales volumes slumped to their lowest level in over a year in May as consumers' finances continue to be squeezed by rising prices and slowing earnings growth, while retailers' investment plans also declined, figures showed Wednesday.
The Confederation of British Industry's retail sales survey fell to a balance of -11 in May. That was the steepest drop since January 2012 when the balance was -22 and compares with -1 in April.
The balance is calculated by subtracting the number of retailers reporting sales rose from the number reporting they fell compared with a year earlier.
"Retail sales growth has weakened since the start of the year as households continue to feel the pinch, with wages failing to keep pace with the cost of living," said Barry Williams, Asda chief merchandising officer for food and chairman of the CBI distributive trades survey panel.
The survey also showed that U.K. retailers are more optimistic about sales in June with a balance of +10 expecting sales to rise, however the longer term view is less sanguine.
In a round of additional questions that are only asked every three months, investment intentions sank to a balance of -23 in May from -7 in February, and the business outlook was weaker in May at +10 than in February when the balance was +12.

[gripfit] 29/5/2013 12:32

can anyone tell me what £750000.00 was worth in 1980 , in todays money ??

[jazza] 29/5/2013 12:27

beep beep whirr


(apologies for the delay)