Friday, May 12, 2006

FTSE: Worst Day in 2 Years

FT: FTSE 100 suffers its worst day for two years

Sharp sell-off of energy and resource stocks sends FTSE tumbling

Posted by denzil @ 05:37 PM (710 views)
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2 Comments

1. Such_short_memories said...

Saw an analyst called Jonathan Compton being interviewed by Adam Shaw on Working Lunch today who said live on the BBC that he's expecting rates to increase by 0.25% within the next 8 weeks. Bring on the party!

Friday, May 12, 2006 07:34PM Report Comment
 

2. uncle tom said...

There has been quite a dramatic change of sentiment in the city over the last couple of weeks.

Pundits have moved their predictions from 'possible rate cut' to 'on hold for the rest of the year' to 'rate rise imminent' with lightning speed.

My favourite month for a rise remains August for the time being, but I'm looking forward to the MPC minutes next week.

Saturday, May 13, 2006 08:25AM Report Comment
 

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