Royal Bank Of Scotland Share Discussion Threads

[leedskier] 12/10/2013 19:38

Many Republicans said that however frustrated they were that the White House would not negotiate with them, they were just as dismayed with their own colleagues who would not back down from their demand that any deal include provisions to chip away at the president's health care law.

"The problem here is that we don't have a functioning majority," said Representative Devin Nunes, Republican of California. "After three weeks of this, they're still not figuring it out. I don't know what it takes."

[leedskier] 12/10/2013 19:18

Monday is Columbus Day.

Whilst the US bond market is closed, the stock markets are open.

add:

Even in the Senate the Republicans are playing brinksmanship by imposing a condition that Obamacare's medical device tax be delayed for two years and a requirement for income verification for Obamacare subsidies.

The Republicans just will not give up on their attempts to cut the legs off Obamacare.

The 17th falls on Thursday.

Obama will not accept a temporary respite (edit) to November 22 and other demands that would have required a series of negotiations to continue under the threat of debt default and government shutdown.

The Senate Democrats will not offer any concessions on Obamacare.

The Republicans now have to decide whether to run the risk of default next Thursday.

[djgeru] 12/10/2013 16:42

Regardless of Friday,s sell off It may be back in the 400s within a week ... Both Technicaly and fundamentaly looking much better :) We just need some news about the split decision.

[leedskier] 12/10/2013 07:06

Hope was rising in Washington on Friday afternoon that Republicans were on the cusp of a deal that would end the crippling two-week government shutdown after opinion polls showed a collapse in public support for their stand against President Obama.

House speaker John Boehner has already offered a temporary climbdown over a separate threat to the debt limit that could have forced the US government to default on its national debt and other financial obligations.

But this six-week debt limit extension was deemed insufficient by the White House, which has refused to negotiate with Republicans until they also agreed to end the partial government shutdown, which has seen up to 800,000 federal employees suspended without pay and closed public services such as national parks and monuments.

Now there are signs that plunging opinion polls may have shocked Republicans into further concessions.

A joint poll by NBC and the Wall Street Journal published on Thursday night showed the US public overwhelmingly blames the Republican party for the crisis by a margin of more than 22 percentage points.

Only 24% of those polled continue to have a favourable opinion of the Republican party, the lowest in the history of the NBC/WSJ poll and enough to give control of the House of Representatives back to Democrats in next year's midterm elections.

[leedskier] 11/10/2013 20:59

Friday October 11 2013


FT EXCLUSIVE

Government tried to raise Royal Mail IPO price

Strong demand for the controversial privatisation of Royal Mail prompted the government to explore whether it could extract a higher price for the postal operator, but key institutional investors signalled they would drop out if they had to pay more than 330p a share

[gcom2] 11/10/2013 20:38

cfc1- it wont go to dizzy heights of 65p in a straighht line

[leedskier] 11/10/2013 18:54

House Republicans have submitted a revised short-term proposal to raise the federal debt ceiling and reopen the government, offering President Obama another option Friday as he hosted Senate Republicans at the White House in an effort to build on the first signs of bipartisan progress on the issues.

While Senate Republicans met with Obama over how to deal with next week's debt-ceiling deadline and the 11-day-old federal government shutdown, House Republicans waited to hear back from the administration about the proposal they submitted late Thursday to increase the debt limit and end the shutdown.

The House GOP's original proposal addressed only the debt ceiling, but the revised plan deals with both the debt limit and the shutdown.

Under the new proposal, the House would vote as soon as Friday evening on a plan to raise the debt limit through Nov. 20 - the week before Thanksgiving - to create space for talks over broader budget issues. Republicans have also offered to reopen the government as soon as next week in a bill that would replace some of the deep budget cuts known as the sequester with cuts to entitlement programs, including Medicare, according to people familiar with the proposal who spoke on condition of anonymity. Replacing the sequester is a top Democratic priority, while cutting entitlement programs is a leading GOP priority. But details of the proposals were murky, and there was no clear quid pro quo linking one priority to the other.

[cfc1] 11/10/2013 16:49

well not sure I understand the conclusion but having leapt yesterday we gave 1/2 back...I tried to get in on TDW pre close when down 10 but my friggin password got locked!!!!!!
I think some good news across the puddle and we see another good week....we are getting close to Gov't announcements....

[leedskier] 11/10/2013 16:44

Definition of 'Relative Strength Index - RSI'
A technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset.


It was very high pre open ... at the highest point this year.

[cfc1] 11/10/2013 16:07

leeds what does that mean??? Might just be people taking profits ahead of weekend....I am still not done loading.

[leedskier] 11/10/2013 15:30

I have not checked but the RSI may have been overheating. Today could calm it down.

[gcom2] 11/10/2013 15:07

brakes were re-applied to today. not going to 60p proper money without a lot of fuss, however on the bright side a close over 37.7p would be very bullish in my opinion.

[cfc1] 11/10/2013 14:20

surprised RBS is not knocking on the door of £4 today......Barc up strong again today as is Lloyds.... perhaps no real action on share buying today.

[leedskier] 11/10/2013 13:56

BEIJING--China's economic growth will exceed the official target of 7.5% this year while some economic risks such as local-government debts and "shadow banking" remain under control, web portal Sina.com reported Friday, citing the vice governor of China's central bank.

"There is no doubt that China's [gross domestic product] growth will exceed 7.5% this year, or even will reach 7.6%," the report cited Yi Gang as saying. In the foreseeable future, China's economic growth will maintain at around 7%, he added.

GDP grew 7.5% in the second quarter compared with a year earlier, slowing from 7.7% in the first three months of the year. The rate was also lower than the 7.7% in 2012 and 9.3% in 2011.

China's statistics bureau is expected to release third-quarter GDP growth on Oct. 18, and economists expect it to be around 7.7%.

The economic indicators showed that China's economy has rebounded in the third quarter, Mr. Yi said.

Subscribe to WSJ:

[leedskier] 11/10/2013 13:48

However the US luvs JPM and it is trading higher pre market.

So the tumble in US futures must relate to the print on surging global oil supply.

[leedskier] 11/10/2013 13:46

It was good for the lawyers don't you think ;

[begorrah88] 11/10/2013 13:43

$9.2bn = 'marred'

Got to laugh at that.

[leedskier] 11/10/2013 13:38

Not helped RBS either.

[leedskier] 11/10/2013 13:27

US futures looking weaker after that news.

[leedskier] 11/10/2013 13:26

BREAKING NEWS

JPMorgan reports loss after $9.2bn charge

JPMorgan Chase fell to its first quarterly loss in more than eight years after taking a $9.2bn litigation charge.

Jamie Dimon, chief executive of the largest US bank by assets, said the quarter showed a "strong underlying performance" but acknowledged it was "marred by large legal expense".

[leedskier] 11/10/2013 13:00

Off just 0.8% now.