Royal Bank Of Scotland Share Discussion Threads

[leedskier] 07/9/2015 07:44

According to G.S. China expert, the market is overreacting to China.



No surprise there.

The City will use any excuse to get those FTSE100 yields higher.

[careful] 07/9/2015 07:19

tesco announce sale of korea.

[leedskier] 07/9/2015 07:16

GLEN has announced a rights issue this morning.

[leedskier] 07/9/2015 07:16

Markets | Mon Sep 7, 2015 6:51am BST


UK Stocks-Factors to watch on Sept. 7
LONDON, SEPT 7
Britain's FTSE 100 index is seen opening 40 to 57 points higher, or up as much as 0.9 percent, on Monday, according to financial bookmakers.

* The UK blue chip index closed 2.4 percent lower at 6,042.92 points in the previous session.

* GLENCORE - Commodities trading firm Glencore on Monday said it is set to announce fresh plans to cut its $30 billion in net debt, as it called a trading halt on its Hong Kong shares.

* Britain's main manufacturing lobby has halved its forecast for growth this year after overseas orders fell to their lowest since the financial crisis, while recruiters said skills shortages were leading to higher wages but slower job growth.

* Britain's North Sea oil and gas sector has shed more than 5,000 jobs since late last year, the country's new Oil and Gas Authority said, putting an official figure on job losses resulting from a year-long decline in oil prices.

* MAN GROUP - The China head of hedge fund manager Man Group said on Monday that she had not been taken into custody by Chinese authorities, denying media reports that said she had been assisting a police investigation into market volatility.

[leedskier] 07/9/2015 06:44

Now dipped into negative territory.


How does any of this impact on the European open?


Financial spreadbetters expected Britain's FTSE 100 to open 40 to 57 points higher, or up as much as 0.9 percent, Germany's DAX to gain 71 to 103 points, or as much as 1 percent, and France's CAC 40 to rise 31 to 48 points, or as much as 1.1 percent, on Monday.

[leedskier] 07/9/2015 06:03

SHCOMP:IND +0.88%, currently.





Notwithstanding the sell off this year, the Shanghai Composite Index is still up 40% over the last 12 months.


Not a claim the FTSE100 can make!


It is currently down 11.85% over the last 12 months.

[ball deap] 06/9/2015 15:20

Hiya smurf2001, I'll pop back in a few weeks and see who's correct. I was the same as you when I was new to investing too, it's natural to be argumentative when your going to lose shirt because you're on the wrong side of the market. Pls dyor.

[leedskier] 06/9/2015 08:53

The link to that is Bloomberg - China Market Volatility Nearing End, Says Central Bank Official

[leedskier] 06/9/2015 08:52

Volatility in China's stock markets is nearing its end, a central bank official said, after Group of 20 finance chiefs flagged concerns about potential global spillovers.The Chinese government has intervened to prevent the "free fall" of the stock market even as it feels an adjustment is "normal," Zhu Jun, Director-General in the People's Bank of China's international department

[ball deap] 05/9/2015 01:02

Agreed jazza, this could be a crisis, China opens Monday and it looks negative. China also had 3 war ships off the coast of the U.S. And Russia a nuke sub while Obama was in Alaska which on a gio political front ramps up uncertainty. The markets had more dead cat bounces this week than I can remember.

[jazza] 04/9/2015 21:27

How long before price-elasticity of demand kicks in and all commodity importers love China-slowdown?

This is as lame as crises get.

[leedskier] 04/9/2015 21:13

With NY closed on Monday, the City will be lost.

Wait a minute, doesn't China reopen its markets on Monday? If China sells off, it is a gift.

[ball deap] 04/9/2015 16:14

Reach for door, open door, bail out of door. Say goodbye to the good times guys.

[leedskier] 04/9/2015 16:09

In full 'technicolor'U.S. stocks declined as August payrolls data did little to bring clarity to the outlook for interest rates amid growing concern about the strength of the global economy.The Standard & Poor's 500 Index lost 1.5 percent to 1,922.63 at 9:58 a.m. in New York. The benchmark index is poised for a 3.4 percent decline for the week. The Dow Jones Industrial Average slid 262.83 points, or 1.6 percent, to 16,111.93."It's going to be a glass-half-empty kind of day," said Patrick Blais, a fund manager at Manulife Asset Management Ltd. in Toronto. He helps manage about C$280 billion at the firm. "Right now there's a lot of nervousness so it's natural for the market to react aggressively."In the U.S. stock market, the S&P 500 was poised for its sixth decline exceeding 1 percent in 12 days. Prior to that there'd been 10 such declines since January. The benchmark gauge has moved up or down by an average of more than 2 percent a day since falling out of its 2015 trading range on Aug. 20 -- almost four times as much as in the prior nine months.

[leedskier] 04/9/2015 15:58

BP. is down more 5%.

[leedskier] 04/9/2015 15:30

I read the Lacker ... a noted hawk ... script earlier.He does not seem to care what the impact will be globally. For him no doubt what happens overseas stays there.I guess he will not be hugging a Syrian refuge any day soon.

[ramco] 04/9/2015 15:21

BTW with Copper doing what's it's done this morning...Good luck Glen...

[gcom2] 04/9/2015 15:20

Good old uncle Sam and its economy. Meanwhile that good ol texan boy bush did good in Iraq didn't he.looking good out there hey

[ramco] 04/9/2015 15:20

However GS doesn't tink so...;

The market's initial reaction signals rising expectations of a September rate hike but, as Goldman's Jan Hatzius explains, they continue to expect the FOMC to keep policy rates unchanged at the September 16-17 meeting.

[ramco] 04/9/2015 15:17

This requires to be taken into account...just prior to release of jobs report...

Richmond Fed Chief Lacker explained why "the case for raising rates is still strong"...

LACKER: BOTH MANDATE CONDITIONS 'APPEAR TO HAVE BEEN MET', EXCEPTIONALLY LOW RATES NO LONGER WARRANTED BY JOB MKT
LACKER: AUG. JOBS REPORT UNLIKELY TO `MATERIALLY ALTER' PICTURE

But perhaps most crucially, Lacker explains "recent financial market volatility is unlikely to affect economic fundamentals in the United States and thus has limited implications for monetary policy," removing the one last leg for permabulls to rely on....

[jazza] 04/9/2015 14:57

Today's program was brought to you by the numbers 6 and 16..

I can see those numbers being prominent for a while - which shows how stage-managed this spectacle is.

[leedskier] 04/9/2015 14:44

Well if there are fewer looking for work it adds to the upward pressure on earnings.

But as the S&P500 is only down 1% or so, and it is a three day weekend in NY, it hardly suggests a major panic there.


edit ... it is coming off now in NY ;