Royal Bank Of Scotland Share Discussion Threads

[jazza] 04/9/2015 14:27

How has the EMployed number altered?

If unskilled workers are giving up on finding work, raising rates isn't justified.

[leedskier] 04/9/2015 14:07

We are at that point in the City trading day when the City hands over total control to New York. No doubt they will be shorting the backside out of it until the close.

[leedskier] 04/9/2015 14:05

CNBC is more accurate here ...


U.S. stock index futures pointed to a sharply lower open on Friday as traders digested nonfarm payrolls-one of the most significant data releases of the summer for its implications on the timing of the first rate hike since 2006.

The unemployment fell more than expected to 5.1 percent, while average hourly wages increased more than expected by 0.3 percent.

Strategists said a decline in unemployment and an increase in wages could support the Fed's case for a rise in rates.

[jazza] 04/9/2015 13:59

Sounds like they wanted down regardless.

People neither working nor looking for work don't cause an economy to overheat.

[leedskier] 04/9/2015 13:57

Yes, a lower than expected number of new hirings, but perversely a lower than expected percentage unemployed. It is the falling percentage unemployed which is spooking the traders because it may add support for the calls for a rate rise later this month.

[isis] 04/9/2015 13:35

NF payroll below expectations but could well be adjusted up later.

[isis] 04/9/2015 13:18

Have not held Bank shares for a couple of years now due to the relentless fining which I see as a Tax on Shareholders and Pension Funds.

The baying Public do not realise that they are indirectly being done!

[ramco] 04/9/2015 12:39

Perhaps one of the most notable features of the upcoming nonfarm payrolls report - which those with a flair for the dramatic have once again dubbed the "most important ever" simply because it may greenlight (or not) a Fed rate hike (any NFP print at 230K and above likely assures a September move by the Fed - which Wall Street consensus sees rising by 217K in August (although with Goldman a far below consensus 190K, and Wall Street's biggest cheerleader Joe LaVorgna predicting only 170K one has to wonder) is just how hard the punditry is trying to talk it down, with everyone from Joe LaVorgna to Bloomberg explaining why it is very likely that - due to seasonals only, and nothing but seasonals - it will be a weak report, only to be revised higher.

[ramco] 04/9/2015 12:38

Moments ago, US equity futures tumbled to their lowest level in the overnight session, down 22 points or 1.1% to 1924, following both Europe (Eurostoxx 600 -1.8%, giving up more than half of yesterday's gains, led by the banking sector) and Japan (Nikkei -2.2%), and pretty much across the board as DM bonds are bid, EM assets are all weaker, oil and commodities are lower in what is shaping up to be another EM driven "risk off" day. Only this time one can't blame the usual scapegoat China whose market is shut for the long weekend.

Add: this minute at -19.50...

[rethemagic] 04/9/2015 12:29

Plonker filtered

[ball deap] 04/9/2015 11:53

Get the hell out of this stock it is about to get killed. If u don't pull out now then prepare to lose your shirt. You have been warned !

[gcom2] 04/9/2015 11:33

When was strength/weakness of the uk economy a driver for ftse 100 non mining stocks ie financials? UK gdp is now largely ignored, financials used to be a good play on an improving economy.

[isis] 04/9/2015 11:30

DOW futures are down 200pts

[avatar333] 04/9/2015 11:21

LOL

;

[begorrah88] 04/9/2015 10:01

Hedgies all driving the FTSE down [and therefore every bank] because they can before a long overdue rise after st leger day.

As pointed out by gcom - absolutely no reason for it today - No china to blame it on, No Dow collapse, no Grexit etc etc just bare and exposed as doing it because they can and they've put the machines on to maximise what they can screw out of everything.

Meanwhile pension pots and PI's take the hit to pay for the fund managers Caribbean holidays at Christmas.

FCA nowhere to be seen!

[jazza] 04/9/2015 09:02

Bob Schiller still big-upping his measurement?

What happens when profits go negative but market caps don't, Bob?

Lad needs a refresher course in arithmetic..

[gcom2] 04/9/2015 08:59

Down today on absolutely no reason whatsoever

[avatar333] 04/9/2015 08:20

High street sales tumble to lowest level since 2008 crisis

The wet, and often unpredictable, weather last month also put off shoppers

[avatar333] 04/9/2015 08:12

Morning.

;

[maxk] 04/9/2015 07:58

it's only rock an roll....

[leedskier] 04/9/2015 07:57

One thing we do know, is that with China closed for two days, blaming the volatility on Chinese markets is horse sh*t.The markets are volatile because the traders make (or lose) more money that way

[gcom2] 04/9/2015 07:52

Dax shows -124 on ig yet cityam says up, rubbish call

[begorrah88] 04/9/2015 07:47

Brilliant!

The farce continues.