GDP m/m0.3% 0.2% 0.1%
Manufacturing Production m/m-0.2% 0.2% 0.4%
Goods Trade Balance-10.0B -11.7B -11.4B
Construction Output m/m0.5% -0.4% 1.4%
Index of Services 3m/3m0.6% 0.5% 0.5%
Industrial Production m/m0.1% 0.2% 0.4%
Real wage growth at 2.9% beats expectations and points to further evidence economy is moving along nicely.
Market isn't interested though. Even though interest rates rises now look more likely sterling has not reacted and banks have continued to sell off which is the opposite of what is normally expected.
I guess the market is going nowhere until Brexit is sorted
No-one invests in shares any longer. We are just dinosaurs who haven't worked out the real money is in crypto.
Also all the ramping is now on twitter. No-one under the age of 25 would be seen dead using a computer.
And then I guess we have "professional client status" which has killed off a number of the rampers trading on margin.
I'm off to see CMC in Birmingham tomorrow:
https://www.cmcmarkets.com/en-gb/learn/events/birmingham-trader-network130918
I am not even sure why I'm going. I hope to meet some traders/investors who live near me who I might learn something from. At worst I hope for a decent glass of red wine.
Was going to the CMC meeting, but decided to meet up with chess playing friends from 70years ago in Cardiff.
Have to inspect each other to see whether we have another year or not left in us.
The glass of wine would be nice, but I will be the chauffeur.
Enjoy the meeting.
Interested to know if it was any good.
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I think you have a few of these.
Broker Forecast - Barclays Capital issues a broker note on Taylor Wimpey PLC
BFN
Barclays Capital today upgrades its investment rating on Taylor Wimpey PLC (LON:TW.) to overweight (from equal weight) and cut its price target to 200p (from 206p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk
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Maybe these.
Broker Forecast - Goldman Sachs issues a broker note on Lloyds Banking Group PLC ORD
BFN
Goldman Sachs today reaffirms its sell investment rating on Lloyds Banking Group PLC ORD (LON:LLOY) and cut its price target to 55p (from 56p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk