Good morning traders.

I guess the big news here today will be the BoE interest rate decision although it seems odds on that rates will remain the same after all of the pressures applied by the CBI and BRC. Any change will certainly cause some sparks.

Of the reporters today, I suppose ITV will get the most coverage as they seem destined to produce some dismal figures and there will be a lot of interest in anything they say about disposals and acquisitions.

BaE Systems will also get a lot of attention. They have had some upbeat news of late but the biggie will be whether the UK government will sign up for the
second tranche of Eurofighter jets.

Intercontinental Hotels are expected to announce some sales of assets with the possibility of returning cash to shreholders. Hmmm.

Oystertec report today, following great FY results last time. Can they maintain the momentum or is it too hard an act to follow?

Happy trading!

G.

Morning all

yet another PW from MFI, who are the muppets running that show? They should demerge Howden's ASAP before they screw that up too! bound to volatile today though so could be good for trading.

Morning

Just to backup bonfields post

MFI give out another profit warning

http://www.uk-wire.com/cgi-bin/articles/200409090700397695C.html

The Bank of England may leave its benchmark interest rate unchanged at a three-year high after manufacturing declined in July for the second straight month and house prices dropped, according to a survey of economists.

The central bank's Monetary Policy Committee will keep the repurchase rate at 4.75 percent today, all but one of 33 economists surveyed by Bloomberg on Friday said. The announcement is due at noon in London...

morning all.seems a dull day,and the weather`s not to clever here!!!!!!!!

Morning all

Bright and sunny here

Town Centre Securities (TCSC) jumped nicely this morning
on results and share buyback plan. Should attract new interest
from those who don't already hold it in their peps & ISAs,
and maybe even from those London journalists who fail to
notice northern stocks!

Does anyone know Bornagainshorter.com? Someone I konw bought the method says he maid $1000 the firstday he applied it but I don't want take his word alone as he never admits losing trades.
Thanks

On the energy front BG. knocking at resistance again, I'm already long.