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Interesting day for the EU and Europe
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 europalace  Europe 07 Dec 16 2.48pm |
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Italian banking shares up big time today while Sterling is down big time against the Euro, losing 1% since this morning and nearly 3% since Monday. Edited by europalace (07 Dec 2016 2.49pm)
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glazedallover  Allier 07 Dec 16 3.16pm |
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Originally posted by europalace
Italian banking shares up big time today while Sterling is down big time against the Euro, losing 1% since this morning and nearly 3% since Monday. Edited by europalace (07 Dec 2016 2.49pm) So what? Sterling gained 4-5% last week purely on fears renzi would lose. Buy the rumour sell the fact......
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.TUX.  07 Dec 16 3.49pm |
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Originally posted by europalace
Italian banking shares up big time today while Sterling is down big time against the Euro, losing 1% since this morning and nearly 3% since Monday. Edited by europalace (07 Dec 2016 2.49pm) People hoping for the state to once again bail-out the failing financial sector. As we know, more state aid (borrowing money that's been created from thin air) equals more austerity. In a country where around 18% of all loans are not being paid back, this isn't good news.
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| jamiemartin721 Reading 07 Dec 16 4.02pm |
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Originally posted by europalace
Italian banking shares up big time today while Sterling is down big time against the Euro, losing 1% since this morning and nearly 3% since Monday. Edited by europalace (07 Dec 2016 2.49pm) Usually Italian bankers interests are falling, before stabilising, in a circuluar motion, under Blackfriars bridge.
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| europalace Europe 07 Dec 16 4.05pm |
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Originally posted by glazedallover
So what? Sterling gained 4-5% last week purely on fears renzi would lose. Buy the rumour sell the fact...... yep, and still down nearly 20% from this time last year when the Brexit roadshows started up. Today the biggest impact has been that UK manufacturing production data has fallen 0.9%. This is much worse than the 0.2% growth that economists were forecasting. Edited by europalace (07 Dec 2016 4.06pm)
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| susmik PLYMOUTH -But Made in Old Coulsdon... 07 Dec 16 4.39pm |
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Originally posted by europalace
yep, and still down nearly 20% from this time last year when the Brexit roadshows started up. Today the biggest impact has been that UK manufacturing production data has fallen 0.9%. This is much worse than the 0.2% growth that economists were forecasting. Edited by europalace (07 Dec 2016 4.06pm) Where did you get your figures from ???
Supported Palace for over 69 years since the age of 7 and have seen all the ups and downs and will probably see many more ups and downs before I go up to the big football club in the sky. |
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| europalace Europe 07 Dec 16 4.57pm |
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From today:
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| .TUX. 08 Dec 16 7.08am |
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Originally posted by europalace
yep, and still down nearly 20% from this time last year when the Brexit roadshows started up. Today the biggest impact has been that UK manufacturing production data has fallen 0.9%. This is much worse than the 0.2% growth that economists were forecasting. Edited by europalace (07 Dec 2016 4.06pm) Fancy that, 'experts' being way off the mark. I hope 'Hrolf' doesn't see this.
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| Rubin 08 Dec 16 9.21am |
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I think it's important to keep in mind that no one who voted for brexit did so for short term economic reasons.
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Kermit8  Hevon 08 Dec 16 9.28am |
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Originally posted by Rubin
I think it's important to keep in mind that no one who voted for brexit did so for short term economic reasons. We know. Some of them did it for long term crisis.
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| SeagullHunter Reading 08 Dec 16 9.54am |
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As pro-remain as I am, the situation in Italy only indicates a benefit of us leaving the EU, looks like within the next 6 months SOMEONE will have to bail them out. Also with 5-star populist movement gaining momentum, wouldn't be surprised if we saw an Italian EU referendum in the not too distant future...
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| .TUX. 08 Dec 16 9.55am |
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Originally posted by Kermit8
We know. Some of them did it for long term crisis. No change from the past/present then.
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