Thursday, 5 April 2007

As expected the UK interest rates were kept unchanged at 5.25% and that allowed the shares to rally a bit - at this very moment the UK FTSE100 is up by (+10) points recovering from earlier (-15). Most banking stocks are showing black patches for the moment - in about half an hour the US weeky "Initial Claims" numbers will be out - the market has a forecast of 320k - this normally has not have a huge impact on the market - I expect the US market will move within a limited range today UNLESS the price of the Crude Oil changes a great deal in either direction.

No comments:


Related Posts Plugin for WordPress, Blogger...