Royal Bank Of Scotland Share Discussion Threads

[leedskier] 04/9/2015 07:36

So is it up or down?

[leedskier] 04/9/2015 07:36

Cityam reports Today's City A.M. Before the Open:WHAT YOU NEED TO KNOWEuropean markets are expected to open higher this morning, with investors feeling optimistic about the ECB's dedication to get the Eurozone back on track. Following a meeting of Eurozone finance ministers yesterday, Mario Draghi, president of the central bank, hinted the bloc's quantitative easing programme would be expanded in the coming months if needed. Meanwhile, western markets continue to benefit from a lack of volatility in Asian markets, which are closed again on Friday as part of a two-day holiday to commemorate World War Two. Today, investors will turn their attention to what is said at the G20 meeting of finance ministers in Ankara, Turkey. Hot topics up for discussion include China's economic woes, the raising of interest rates and financial regulation. In the US, the latest jobs report will provide an indication of whether the Federal Reserve will raise rates at its meeting next month. If there was a healthy job gain in August, this will make the central bank more likely to make the change on 17 September, as employment is one of the key determining factors. Corporate news:Darren Shapland is retiring from the board of Ladbrokes next month, and the company has launched a search for a replacementAstraZeneca has received approval from the US Food and Drug Administration for its heart attack medicine BrilintaEconomic data:10:00am Eurozone, GDP1:10pm US, Fed's Jeffrey Lacker gives speech1:30pm US, labour force participation and unemployment figures, August

[leedskier] 04/9/2015 07:19

Markets | Fri Sep 4, 2015 6:46am BST Related: UK MARKETS, GLOBAL MARKET DATA, REGULATORY NEWS

UK Stocks-Factors to watch on Friday September 4
LONDON, SEPT 4
Britain's FTSE 100 index is seen opening down 84 to 93 points, or as much as 1.5 percent lower on Friday, according to financial bookmakers.

* The FTSE 100 blue-chip index was up 1.8 percent at 6,183.09 points at its close, boosted by a commitment from ECB chief Mario Draghi to boost the central bank's asset-purchase programme if needed to offset the effects of a riskier economic backdrop.

* BOOKMAKERS - Bwin.party Digital Entertainment's board, which had been backing a buyout offer from 888 Holdings , has switched preference to now favor a rival bid from GVC Holdings , the Telegraph reported.

* ASTRAZENECA PLC - AstraZeneca said the U.S. Food and Drug Administration had approved a new dose of its blood thinner, Brilinta, for patients with a history of heart attack beyond the first year.

* POLYUS GOLD - Pavel Grachev, the chief executive of Russia's biggest gold producer Polyus Gold said on Friday that it is in the company's interest to remain publicly traded, but he declined to comment on a possible buyout offer by the firm's largest stakeholder.

* RETAIL SALES - August was the worst month for British retail sales since the global financial crisis of 2008, according to a survey published on Friday.

[leedskier] 04/9/2015 07:03

Just to add to the mix ...


NYSE


Labor Day September 7

[leedskier] 04/9/2015 06:15

Today the World 'worries' about the US jobs data.It is catch22.Too positive could mean higher interest rates. Too negative could forecast slowing demand.And so the volatility game continues.

[ramco] 03/9/2015 15:37

On the conversation this morning I offer this...

"If you're taking more equity risk than you can actually tolerate if the market goes south, setting your portfolio right isn't a market call - it's just sound financial planning. It's only fun to be reckless if you also turn out to be lucky. Market conditions are now more hostile than at any time since the 2007 peak. If you want to be speculating, and you can tolerate the outcome, then you're not taking too much equity risk in the first place. But it's one or the other. Can you tolerate a 40-55% market loss over the next 18 months or so? If not, take this opportunity to set things right. That's not the worst-case scenario under present conditions; it's actually the run-of-the-mill historical expectation."

[ramco] 03/9/2015 15:28

"This is a dangerous time," warns Nobel laureate Bob Schiller as he warns of the false signal that typical P/E ratios are misleading and in fact his CAPE ratio (looking through the cycle) implies "fair value" for The Dow should trade around 11,000 and around 1300 for the S&P 500. "There is a risk of a substantial decline," he adds, warning that the recent rebound "maybe someone's good will effort to stabilize the market," and in fact the market's valuation is high now and people are over-exposed.

[ramco] 03/9/2015 15:26

Markit's US Services PMI printed a healthy 56.1 for August, rising for the 2nd consecutive month, comfortably beating expectations and giving The Fed more ammo for a September hike. This rise was achieved despite the weakest rise in new work in 3 months. While Markit notes that this headline print suggest 'everything is awesome' it suggests the need for more stimulus just in case, as prices are falling. Following the dramatic spike in the July ISM Services to 10 year highs, it dropped back modestly, thanks to slide in New Orders, with an August print of 59.0 - still the highest since Nov 2005, again offering no excuse for The Fed to stay on hold.

[ramco] 03/9/2015 15:24

ABN Amro was right: Mario Draghi announced that, just as the Pavlovian Dogs were salivating, the ECB would not leave markets hanging, and while not boosting QE in size, announced he would increase the amount of monetizable assets, i.e., the ECB's share limit per CUSIP equivalent, from 25% to 33%. The result: an immediate surge in both stocks (ES jumping 21 points) and bonds (the 10Y dropping to 2.156%).

[ramco] 03/9/2015 15:22

're volatility....algos seek momentum and if they do not find it create it as reported on by begorrah here daily...offer that volatility will be part and parcel therefore....;

[ben658] 03/9/2015 14:41

Robert Sutherland-Smith asks whether now is the time to buy into Banks? - Spread Betting Mag August Edition page 47 check it out at

[leedskier] 03/9/2015 14:05

The euro fell to a two-week low as the European Central Bank signaled it's able to increase monetary stimulus to counter downside risks to growth and inflation.

[leedskier] 03/9/2015 14:02

Which adds to the list of reasons why the FED should not raise rates this month.

[leedskier] 03/9/2015 13:43

Filings for U.S. unemployment benefits rose more than forecast to an eight-week high, representing a pause in a trend of more muted firings.Jobless claims increased by 12,000 to 282,000 in the week ended Aug. 29, a Labor Department report showed Thursday. The median forecast in a Bloomberg survey called for 275,000 new applications. The start of a new school year, which differs from state to state, may introduce a period of volatility in the data as such calendar events are difficult to seasonally adjust, according to a Labor Department spokesman.

[avatar333] 03/9/2015 08:54

I tend not to get involved with all that nonsense, leedskier; I just enjoy the photographs in the Daily Mail.

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[leedskier] 03/9/2015 08:46

Is it all caused by the El Nino? The US has experienced extreme weather this year too.

[avatar333] 03/9/2015 08:45

A chill wind blows.

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[leedskier] 03/9/2015 08:41

Good Morning;

It is good to know that the IMF shares the view frequently expressed here. ....

The IMF has warned the world's biggest economies not to raise their interest rates in the near future, as China's economic struggle could have far-reaching consequences.

In a pessimistic report released last night, the international lender said the risk of a global slowdown was increasing, and that in most cases economies are falling short of predictions made at the start of the year.

Will the FED Hawks be listening?

[avatar333] 03/9/2015 08:41

Time to turn on the central heating! After the wettest August for a century, polar plume will see temperatures drop below freezing this weekend


Warnings of icy mornings and frost in rural areas at the start of next week
Temperatures in the north and Scotland could drop as low as freezing point
Came as it emerged that parts of UK have had wettest August for 100 years
Scattered showers in next few days will give way to fine, bright weekend

[avatar333] 03/9/2015 08:30

Morning.

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[leedskier] 03/9/2015 08:27

Meanwhile Easy Jet is up 7%.

[leedskier] 03/9/2015 08:17

Good luck. I hope it recovers for wider market reasons.