Royal Bank Of Scotland Share Discussion Threads

[leedskier] 12/10/2016 08:03

Could be volatile.


FTSE100 off 0.29%

[leedskier] 12/10/2016 07:57

Bloomberg - Brexit Bulletin: Sterling's Surge After Theresa May Relents

[leedskier] 12/10/2016 07:28

Bloomberg - Pound Rallies as May Agrees to Let Lawmakers Debate Brexit Plan

[leedskier] 12/10/2016 07:25

IGSquawk
IGSquawk‏ @IGSquawk
#GBPUSD rallying, news that UK may spend billions to retain market access and rights

[leedskier] 12/10/2016 07:22

Our European opening calls: $FTSE 7068 -0.04% $DAX 10586 +0.08% $CAC 4473 +0.03% $IBEX 8688 -0.06% $MIB 16503 +0.17%

[leedskier] 12/10/2016 07:22

The rally in the £ is spooking the commodity rich Index


IG Index now calling it to open down a touch.

[leedskier] 12/10/2016 06:50

David Buik tweets

European opening update FTSE +13, DAX +31, CAC +12 courtesy of IG (Futures) at 6.16am

[maxk] 11/10/2016 20:18

( . ) ( . )

[leedskier] 11/10/2016 15:18

That did not last long. It is now being shorted back down.

[leedskier] 11/10/2016 14:17

Sterling is rising ;

[avatar333] 11/10/2016 14:08

beep beep whirr

;

[maxk] 11/10/2016 11:18

Exactly leeds, swings and roundabouts.

JJ's comments are very welcome, gives a glimpse to the other side to the story.


Here's another one from a little while ago ago, might give a clue as to why €uroland is going down the toilet.





Export tarrifs, wtf?

[leedskier] 11/10/2016 10:51

Our 'invisible' success story

And what a success story they've been. According to think-tank Open Europe, the UK's financial services and insurance industries ran respective trade surpluses with EU countries of £16.1bn and £3.85bn. Compare that to the £16.6bn deficit we run with our continental partners for food, beverage and tobacco.

[jungle jim] 11/10/2016 10:12

I'm not buying into the doom and gloom of a significant retraction. Here's one of my irregular reports from the coalface, a small British machinery manufacturer, selling mainly to FMCG manufacturers, most of whom in the UK, some export.

Over the last 8 months turnover is up about 40% and profitability about 200%. We have been going 10 years and have never seen it this busy. If anything post Brexit we are busier than before. We finished a trade show last month and have potentially 2 years work from it. Export enquiries from Ireland accounted for about 15% of leads (usually export leads are negligable).

Our customer base extends from Europes largest food producer down to a bloke in a garage. Across the spectrum they were all looking to invest. A straw poll amongst other stands on the show produced similar comments.

[avatar333] 11/10/2016 09:58

144130

stirling is somewhere in Scotland.

;

[leedskier] 11/10/2016 09:53

If I was designing a strong economy with a vibrant export market, I would not be starting from here. A rather large slice of the UK's overseas earnings are invisbles. They are the earnings most at risk.

[maxk] 11/10/2016 09:45

One door closes (or perhaps not) and another door opens (world trade)


Blighty might catch a cold, but €uroland will catch pneumonia if they go down the trade war route.

[avatar333] 11/10/2016 09:43

Morning.

;

[leedskier] 11/10/2016 09:38

It is only cheap if the UK is not heading for a significant contraction in its economic performance.

[careful] 11/10/2016 09:35

The good thing about markets is that if you think stirling is too cheap,
then you can buy it.

[maxk] 11/10/2016 09:19

It was a one way bet for the FX guys, so they had some fun.

I suspect the attack on sterling is not by chance, and our €uropean partners are not a million miles away from having a hand in it.

[leedskier] 11/10/2016 08:52

If so, perhaps someone should tell the FX traders shorting Sterling.


1 British Pound = 1.2287 US Dollars