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04-08-2016, 01:20 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
if today no cut by carney, i will be in deep shit...:o
http://www.ft.com/cms/s/0/4f36e8cc-5...#axzz4GItFNh1S (http://www.ft.com/cms/s/0/4f36e8cc-57d5-11e6-8d05-4eaa66292c32.html#axzz4GItFNh1S)
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. http://www.ft.com/cms/s/0/4f36e8cc-5...#ixzz4GKn08Ap8 (http://www.ft.com/cms/s/0/4f36e8cc-57d5-11e6-8d05-4eaa66292c32.html#ixzz4GKn08Ap8)
Another audience for the BoE will be investors in UK equities, where the FTSE 100 has been buoyed by the pound’s weakness. That has pushed the FTSE 100’s gain this year above 6 per cent. In dollar and euro performance terms, the blue-chip benchmark remains down 4 per cent and 7 per cent for the year respectively.
For equities, the more radical the easing measures are, the more positive the market response is likely to be. With the FTSE 100 moving up above its pre-referendum level, a further fall in the pound, even against such an uncertain political and economic backdrop, would help the index.
“We think the BoE should over-egg stimulus: do too much, do it early, and do everything,” said Gilles Moec, Europe economist at Bank of America Merrill Lynch. “We look for a 25 basis point rate cut, £50bn in QE and ‘credit easing’ measures. But we would not be surprised if the BoE disappointed on QE. Loosening monetary policy at this stage may have little effect.”
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?233887-The-BoE’s-Brexit-day-what-investors-expect&goto=newpost).
if today no cut by carney, i will be in deep shit...:o
http://www.ft.com/cms/s/0/4f36e8cc-5...#axzz4GItFNh1S (http://www.ft.com/cms/s/0/4f36e8cc-57d5-11e6-8d05-4eaa66292c32.html#axzz4GItFNh1S)
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. http://www.ft.com/cms/s/0/4f36e8cc-5...#ixzz4GKn08Ap8 (http://www.ft.com/cms/s/0/4f36e8cc-57d5-11e6-8d05-4eaa66292c32.html#ixzz4GKn08Ap8)
Another audience for the BoE will be investors in UK equities, where the FTSE 100 has been buoyed by the pound’s weakness. That has pushed the FTSE 100’s gain this year above 6 per cent. In dollar and euro performance terms, the blue-chip benchmark remains down 4 per cent and 7 per cent for the year respectively.
For equities, the more radical the easing measures are, the more positive the market response is likely to be. With the FTSE 100 moving up above its pre-referendum level, a further fall in the pound, even against such an uncertain political and economic backdrop, would help the index.
“We think the BoE should over-egg stimulus: do too much, do it early, and do everything,” said Gilles Moec, Europe economist at Bank of America Merrill Lynch. “We look for a 25 basis point rate cut, £50bn in QE and ‘credit easing’ measures. But we would not be surprised if the BoE disappointed on QE. Loosening monetary policy at this stage may have little effect.”
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?233887-The-BoE’s-Brexit-day-what-investors-expect&goto=newpost).