Royal Bank Of Scotland Share Discussion Threads

[begorrah88] 18/9/2015 08:25

Here's another

[begorrah88] 18/9/2015 08:21

I think a delayed recognition has started

[leedskier] 18/9/2015 08:07

Where Have All the Investors Gone?

As a former ink-stained wretch at newspapers, I am a member of the media as I am a member of Wall Street — which is to say, an unimpressive member of both parties. But since I have a lot of connections across the biz, it often results in the same old conversation: “Where have all the investors gone?”

The answer is that many investors have just checked out — some because they invest passively via funds instead of active stock ownership, but others aren’t participating simply because they don’t have the money after the financial crisis, or because they think the market is rigged.

You mean even investors in the US think the market is rigged?

I wonder what most informed investors UK think?

[leedskier] 18/9/2015 08:05

The FTSE100 is off 0.58%

[leedskier] 18/9/2015 07:34

Being positioned at the confluence of the Asian and US markets does London investors no good at all.

[leedskier] 18/9/2015 07:33

CityAM has just posted its outlook ...



European stocks are expected to open lower this morning after the Federal Reserve held fire on an interest rate rise last night, amid fresh concerns over the global economy.

The FTSE 100 is expected to open seven points lower to 6,179, the German Dax down 29 points at 10,200 and the French Cac down 17 points at 4,638.

Yellen and co. cited global risks when explaining why it had delayed what would have been the first interest rate hike in nearly a decade.


"Heightened concerns about growth in China and other emerging market economies have led to notable volatility in financial markets," the Fed said in its policy statement after a two-day FOMC meeting.

Asian markets were mostly higher this morning with Hong Kong's Hang Seng Index up 0.3 per cent and China's Shanghai Composite index 0.2 per cent higher. However, Japan's Nikkei fell 1.4 per cent.

Brent oil, the global benchmark, was last up 4 cents to $49.12 per barrel.

The next big market event will be elections in Greece on Sunday. Four separate polls yesterday all pointed to no outright winner when ballots are cast.

Corporate news:

The UK Competition and Markets Authority has given full clearance to the proposed acquisition of 99p stores by its rival Poundland.
Miner Petra Diamonds revenue slumped 10 per cent to $425m (£273m) for the year ended 30 June, amid production difficulties as well as the weaker diamond market.
Tech company Pace said that the takeover by US rival Arris is progressing as expected, and should be completed by the end of this year.
Priory Group, the mental care homes provider famous for its celebrity clientele, has moved closer to realising plans for a public listing.
Analysts have told City A.M. that they have doubts over a possible merger between Anheuser-Busch InBev (AB InBev) and rival SABMiller.
Economic data:

EU. balance of payments, 9am
EU, current account, 9am
US, leading economic indicators, 3pm

[leedskier] 18/9/2015 06:46

There is far, far, too much noise and spin in the markets, simply to create a trade.

Now we have 'jitters' over the delay!

Why do long term investors in the markets have to tolerate such dishonest spin from these minute men traders?

66% of market economists polled expected no change by the Fed. How can anyone claim to be taken by surprise?

If commodities are falling this morning because of 'jitters' over no rate rise, imagine the consequences of an actual rise causing the USD to rise!

Perhaps it is time that commodity ETFs were outlawed.

[leedskier] 18/9/2015 06:39

'.... flat ....'

[leedskier] 18/9/2015 06:37

LONDON, Sept 18 European shares were seen opening slightly lower
on Friday, with export-driven sectors such as carmakers and luxury good stocks
potentially in focus after the U.S. kept interest rates on hold, which impacted
the dollar on currency markets.
Financial spreadbetters expected Germany's DAX to open down by
13-15 points, or 0.1-0.2 percent lower. France's CAC 40 was seen down by
9-12 points, or 0.2-0.3 percent lower, while Britain's FTSE 100 was
expected to open flat.
The U.S Federal Reserve kept interest rates unchanged on Thursday in a bow
to worries about the global economy, financial market volatility and sluggish
inflation at home, but left open the possibility of modest rate rises later this
year.
"Yes, we've got a reprieve on an immediate interest rate hike, but the
reason for the stay of execution is rather bearish itself," said London Capital
Group dealer Jonathan Sudaria.
Asian shares rose modestly on Friday on relief that the Fed had held off on
raising interest rates but gains were capped by renewed concerns about the
health of the global economy, in particular China.
The Fed's decision also pushed up the euro against the dollar, and
gains in the euro can often weigh on European carmakers and luxury good stocks
as their exports typically benefit when the euro is weaker on currency markets.
------------------------------------------------------------------------------

MARKET SNAPSHOT AT 0527 GMT
LAST PCT CHG NET CHG
S&P 500 1,990.20 -0.26 % -5.11
NIKKEI 18,151.31 -1.52 % -280.96

EUR/USD 1.1406 -0.25 % -0.0029
USD/JPY 119.78 -0.17 % -0.2000
10-YR US TSY 2.185 -- -0.03
YLD
10-YR BUND YLD 0.775 -- -0.01
SPOT GOLD $1,128.10 -0.27 % -$3.10
US CRUDE $46.73 -0.36 % -0.17

> GLOBAL MARKETS-Asian shares edge up, dollar soft as Fed stands pat and eyes
China
> US STOCKS-Wall St ends down after choppy session; Fed holds rates
> Nikkei snaps 3-day winning streak after Fed decision
> TREASURIES-Yields tumble after Fed leaves rates unchanged
> FOREX-Dollar nurses losses after Fed refrains from rate hike
> PRECIOUS-Gold dips as Fed move to hold U.S. rates adds to uncertainty
> METALS-London copper slips as Fed rate delay sparks jitters
> Oil prices weak on economic concerns, OPEC target on market share

[leedskier] 18/9/2015 06:31

I have not seen any calls for today's open yet, but in those parts of the Planet where 'joined up' thinking actually influences markets, there was some profit taking over night following successive rises in anticipation of the Fed NOT raising rates.

Since the City (and Europe) shorted the market yesterday, what will Friday bring?

[leedskier] 18/9/2015 06:24

unlike the UK where (inevitably) the housing market was the first sector to recover, in the USA ....


While Federal Reserve Chair Janet Yellen heaped praise on the U.S. labor market in her press conference on Thursday, the housing market got little love.

Residential real estate "remains very depressed," she told reporters after announcing at the end of a two-day meeting that policy makers had decided against raising the benchmark interest rate. "Demand for housing should be there and should materialize as the job market improves and income growth improves."

So what counts as a "very depressed" level of housing? Yellen cited housing starts that are "below levels that seem consistent with underlying demographics, especially in an economy that's creating jobs." Commerce Department data earlier Thursday showed that new-home construction dropped in August after a downward revision to the previous month, representing a pause in a general upward trend:

[leedskier] 18/9/2015 06:16

Welcome to Global Central Banking.


Once it was recognised that the US Fed decision, as long suggested on this BB, had to take account not only on the narrow interests of the US of A, but the rest of the Planet, there could be no question of a rate rise at this time.


Apparently the G20 had lobbied hard for there to be no rate rise for fear of the consequences on emerging markets.

Perhaps the time is coming when Central bankers, like OPEC, recognise the need to make collective decisions rather than each country going its own way.

[ariesr] 17/9/2015 13:36

Decision made on this share price it would seem. Downward pressure sustained

[simon self ii] 17/9/2015 12:07

leedskier

Will you apologise to the XEL investors tricked by the gang of mclellan (Fiona Mclellan Stewart, 1943-2015, of Uppingham, Rutland, an evil criminal ramper and liar) for any part you may have played in their deception? Acts of commission or of omission?

[leedskier] 17/9/2015 11:45

Will the Telegraph apologise?Sir Malcolm Rifkind has welcomed the standards committee's decision to clear him. In a statement he said:I thank the standards commissioner and the standards committee for their very full examination of the allegations by Channel 4 Dispatches and the Daily Telegraph, and their conclusion that these allegations had no substance and were unjustified.Channel 4 Dispatches and the Daily Telegraph must recognise the judgment of the standards commissioner and the standards committee that they were responsible for 'distortion' and for misleading the public in making these allegations.It has been for me, for my family and for my former parliamentary staff a painful period which we can now put behind us. My public life has continued over the last seven months with the support of colleagues. I am looking forward to the years ahead in very good spirits.

[ariesr] 17/9/2015 10:49

Sunny here! Al take it.

[avatar333] 17/9/2015 10:16

Morning.

;

[leedskier] 17/9/2015 10:02

UK retail sales rose 0.2% in August.

[gcom2] 17/9/2015 09:51

Sold some BP in my isa to buy this. Cant see BP rising 60% in next 24 months, but i can see this doing it easily.

[begorrah88] 17/9/2015 09:05

Bots kicked in as usualHopefully people are now waking up to what is happening

[leedskier] 17/9/2015 08:39

Western Pacific braces for possible tsunami after Chile earthquakeWaves of between one and three metres could first reach French Polynesia, with swells hitting New Zealand, Australia, Japan and South Pacific islands hours later