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Traders Thread - Thursday 1st May (ICI)     

Crocodile - 01 May 2003 07:20

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Gold

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fpDJIA.gqplus?511 marketwatch-ss.img?symb=SP500 fpNASDAQ.gqplus?183

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S&P &Futures (Click for latest)

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Pre Market Futures (7:30)
FTSE -14
TechMark -2
DAX Closed

Hang Seng -27

Chart

Nikkei (Awaiting day Chart) +31

Chart

DOW -5
S&P -3
Nasdaq -0.8

 

News Headlines:   

Less upbeat comments than expected form Alan Greenspan caused early gains on US stocks to evaporate

ICI reported a 21 percent fall in first-quarter profit on Thursday and said it wasn't relying on markets improving this year to boost profit growth. I feel these figures are slightly better than expected with no further problems announced

BOOTS appointed Asda chief operating officer Richard Baker as its new chief executiveCORDIANT The embattled advertising company reported a pretax annual loss of 228.2 million pounds and announced a strategic review after publising a set of annual accounts which its own auditors could not say were "true and fair".LAND SECURITIES Britain's largest commercial property firm has delayed plans for a 250,000 sq ft speculative office development in Paddington amid the turmoil in the property marketWASTE RECYCLING The garbage disposal firm said trading in the first three months of 2003 was in line with its board's expectations.BLACKS LEISURE The outdoor pursuits retailer has confirmed it has received buy-out bids, but said it had not taken any of them up,

Calendar

All GMT

ukf.gifUnited Kingdom (F)inals (I)nterim usf.gifUnited States (Click Flag) euro.gifEurope & World

Thu 1st May

ICI (Q1), Andrew Sykes (F), Laura Ashley (F),

John David Group (F), Shire Pharmaceuticals (Q1),

Silentnight (F)

09.30 April Manufacturing PMI 46.7 exp. 09.30 March Net Consumer Credit 1.6bn exp. 11.00 April Distributive Trades

Exxon Mobil (Q1), Tyco International (Q1)

13.30 Initial Claims (w/e 26/4) 428k exp. 13.30 Q1 Productivity +2.4% exp. 15.00 April Manufacturing ISM 47.0 exp. 15.00 March Construction Spending +0.1% exp.

 

Good Trading!   David@FTSEDOW.com    www.FTSEDOW.com

Bloomberg TV          

Pivot Calulator

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