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Black Wednesday

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and we've bounced back from the sub 5300... moving along, nothing to see here...

until QE is announced, that is...

Surely any QE is already priced in to the stock market?

It's not as if they are trying to keep it secret.

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Interest rates stay the same, same old, same old.

It's serious this time: 9:15am on a 'black day' and the BBC still has the FTSE 1% down. Just imagine what would have happened if there had been no black day prediction!

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Looking at the top fallers in the FTSE , 2 of the top 5 went ex div today and the rest are the usual mining suspects.

For a truly black day we'd need all the sectors to be down by 5% , i can't see that happening today , maybe over the course of the next few days.

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Looking at the top fallers in the FTSE , 2 of the top 5 went ex div today and the rest are the usual mining suspects.

For a truly black day we'd need all the sectors to be down by 5% , i can't see that happening today , maybe over the course of the next few days.

short same Futures then...

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FTSE 100 5287.69-1.65%

Below 5300 again.

Long way to go to hit 5% down which I believe is the minimum requirement for a "black" day?

Pound down 3 cents vs. $ compared with Friday's close.

1 GBP =

1.56887

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BP is getting spanked and should get spanked some more in the future as it's transpired that the spill lawsuits are to be held in New Orleans with aggressive local jury.

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  • 152 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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