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Topic: State of play today
Posted by: Paul Morris
Date/Time: 27/06/16 16:15:00

FOr those that are interested, approximate market closes today:
Pound vs dollar 1.316, down 4% today, after around 8% fall Friday (30 year low)
Pound vs euro, 1.1994, down 2%
FTSE 250 (UK focused companies), down 7%. BArrat down 20% , RBS down 16%, Barclays 18% (All after bigger falls Friday).

My (simple) view would be we will see sterling settle at around 1.2 to dollar and 1.1 to euro.

Inflation set to rise, perhaps markedly, for example 6-8p on petrol, plus food prices, electricals etc.

Market estimates of around 0.2% GDP growth 2017, possibly couple of quarters of negative growth.
OBR to hugely revise up the budget deficit, tax raising measures will come sooner or later.

Not a moan, sorry if I am not looking on bright side of life, or doing country down.  So we are all already, both as a country and individually, worse off. Still wiating for the dream team of Boris and Gove to tell us the plan, as they surely do have one.....


Entire Thread
TopicDate PostedPosted By
State of play today27/06/16 16:15:00 Paul Morris
   Re:State of play today27/06/16 16:22:00 Penelope Crocker
      Re:Re:State of play today27/06/16 16:32:00 Matteo Castagna
         Re:Re:Re:State of play today27/06/16 16:41:00 Penelope Crocker
            Re:Re:Re:Re:State of play today27/06/16 16:48:00 Matteo Castagna
      Re:Re:State of play today27/06/16 16:49:00 Anton Hirschowitz
   Re:State of play today27/06/16 16:23:00 Matteo Castagna
      Re:Re:State of play today27/06/16 16:34:00 Paul Morris
         Re:Re:Re:State of play today27/06/16 16:39:00 Richard Greenhough
            Re:Re:Re:Re:State of play today27/06/16 16:42:00 Matteo Castagna
            Re:Re:Re:Re:State of play today27/06/16 16:46:00 Paul Morris
   Re:State of play today27/06/16 16:34:00 Richard Greenhough
      Re:Re:State of play today27/06/16 16:36:00 Paul Morris
         Re:Re:Re:State of play today27/06/16 16:44:00 Matteo Castagna
            Re:Re:Re:Re:State of play today27/06/16 16:58:00 Paul Morris
               Re:Re:Re:Re:Re:State of play today27/06/16 17:08:00 Penelope Crocker
               Re:Re:Re:Re:Re:State of play today27/06/16 17:11:00 Paul Morris
                  Re:Re:Re:Re:Re:Re:State of play today27/06/16 17:19:00 Michael Robinson
   Re:State of play today27/06/16 17:17:00 Matteo Castagna
      Re:Re:State of play today27/06/16 17:21:00 Michael Robinson
         Re:Re:Re:State of play today27/06/16 17:25:00 Paul Morris
         Re:Re:Re:State of play today27/06/16 17:34:00 Matteo Castagna
            Re:Re:Re:Re:State of play today27/06/16 19:28:00 Paul Morris
               Re:Re:Re:Re:Re:State of play today27/06/16 19:31:00 Paul Morris
               Re:Re:Re:Re:Re:State of play today27/06/16 19:46:00 Michael Robinson
                  Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:06:00 Paul Wright
                     Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:38:00 Matteo Castagna
                        Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:42:00 Paul Wright
                  Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:09:00 Paul Morris
                     Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:12:00 Paul Wright
                        Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:19:00 Peter Millman
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:33:00 Paul Morris
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:37:00 Matteo Castagna
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:40:00 Paul Morris
                        Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 20:40:00 Matteo Castagna
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 21:15:00 T P Howell
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 21:18:00 Paul Wright
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 21:21:00 Paul Morris
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 21:25:00 Paul Wright
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 21:27:00 Paul Morris
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today27/06/16 23:05:00 T P Howell
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:State of play today28/06/16 00:39:00 Ken Munn

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