Barclays Share Discussion Threads

[stonedyou] 15/12/2020 22:57

TODAY, 15:11

NO-DEAL BREXIT REMAINS 'MOST LIKELY OUTCOME'

A no-deal exit from the European Union remains the "most likely outcome", the prime minister's spokesperson has said.

It comes after the prime minster briefed ministers on the status of negotiations during a cabinet meeting.

Following the meeting, a spokesperson said the prime minister had “re-emphasised the desire to reach a free trade agreement, but not at any cost, and reiterated any agreement must respect the independence and sovereignty of the UK."

“The prime minister made clear that not being able to reach an agreement and ending the transition period on Australia-style terms remained the most likely outcome but committed to continuing to negotiate on the remaining areas of disagreement,” the spokesperson said.

Reports suggest Number Ten's most pessimistic tone over the last 24 hours has been part of an attempt to manage the public's expectations about the chances of getting a deal.

[portside1] 15/12/2020 22:23

Vermont seniors have invited me to the virtual town hall tour at 5pm Thursday with Bernie sanders It will be nice to see old pals on video

[manics] 15/12/2020 19:45

Barclays has been fined £26m for the way it treated customers who fell into debt or experienced financial problems.

Among those poorly treated were bereaved people whose financial issues should have been better assessed.

[manics] 15/12/2020 19:39

DOW putting in that air. Lets go! (ho ho hoooo)

[nick100] 15/12/2020 19:24

https://flip.it/Ef63Qp

[1224saj] 15/12/2020 18:55

Reidy66, 17.00 CET, ECB put out a news article showing relaxation on banks paying dividend up to 15% of their cumulative profits

[bernie37] 15/12/2020 18:05

According to media reports, some progress has been made. For example, the EU is said to be backing down from imposing lighting tariffs if the UK reneges on key parts of the agreement.
Why does Brexit matter for Barclays? Barclays is one of the biggest banks in the UK and its Barclaycard has a substantial market share. Therefore, a no-deal Brexit would be negative for the overall British economy, which would have an impact on Barclays share price and its earnings.

In addition, a no-deal Brexit would push the Bank of England (BOE) to implement negative interest rates for the first time on record. That would affect the bank’s earnings because it depends a lot on interest income.

What next for Barclays share price? On the daily chart, we see that Barclays share price has been in consolidation in the past few days. After reaching a multi-month high of 152.22 in November, the price has been moving sideways. It also formed a double-bottom pattern at 133.20 and is slightly below the 61.8% Fibonacci

Therefore, in the near term, I suspect that BARC shares will continue rallying as bulls aim for the high of 152.22. However, a move below the support at 133.20 will invalidate this prediction.

[bernie37] 15/12/2020 18:03

Why are Barclays shares rising? Barclays stock is rising because of the rising hopes that the UK and European Union will reach an agreement about Brexit. This is after the two sides agreed to continue the negotiations until the bitter end. With no deadline by the two sides, it means that the two could negotiate until December 31st.

[reidy66] 15/12/2020 18:00

Lloyds And Natwest also spiked at the same time mate ... Pj

[1224saj] 15/12/2020 17:25

Any ideas, on the spike

[portside1] 15/12/2020 16:29

News must be out

[manics] 15/12/2020 14:29

BARC always get me itching with the boredom trades. Must resist!

[manics] 15/12/2020 14:29

JoeStalin: I wonder if you will post fireworks.gif or sadpartypopper.gif come the day?

[joestalin] 15/12/2020 14:16

"more meddling by those Euro dogs"

17 more days to go!

[manics] 15/12/2020 14:14

I think there's a lot of cash waiting for the new year, 1224saj.

[1224saj] 15/12/2020 13:55

Manics, more meddling by those Euro dogs. The sooner we're gone.

[portside1] 15/12/2020 13:29

Nothing out yet

[johnwise] 15/12/2020 13:29

Barclays fined £26m for mistreatment of customers in arrears

The UK’s financial watchdog has fined Barclays £26m for failures in its treatment of customers who fell into financial difficulties. between April 2014 and December 2018.

[16charlie] 15/12/2020 12:05

any divi news this week

[portside1] 15/12/2020 09:47

Barcs will jump over 200 when Boris announces is Brexit deal with the Eu they have just waited for Xmas so that the public are to busy

[portside1] 15/12/2020 09:12

They have along with civil servants used the virus to kill off pensioners , we now know why they stopped family going to the killing wards

[portside1] 15/12/2020 09:10

Yes it now out in the papers. , they must be brought to justice Hospitals are now killing people not saving them