Discover and read the best of Twitter Threads about #Sterling

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More #about "#Local Business #ConsultingServices Catalytic Consulting Inc:

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(508) 203-1776… #MA #Local #Business #Consulting #Services #Catalytic #Consulting #Inc"
Find additional information #about our independent company #providing business consulting services, in Massachusetts, online today, at "Catalytic Consulting":…
#CatalyticConsulting #MA
Read 16 tweets
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"Find local, #trusted, and #independentMA auto, home, or business owners' insurance agents (#near you in Massachusetts online & local) at #LunovaInsurance:
Lunova Insurance
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Read 8 tweets
Thanks to @GeoffCutmore & @cnbcKaren for this morning's chat on #SquawkBox.

I did TRY to find something positive to say - honest, folks!

Following are the notes I sent the team before the show:-
Ok. So here goes...

Something I've mentioned on here: the enormous scale of Europe's energy problem runs into the €trillions. The #AmpelDesGrauens "Doppel-Wums" -'bazooka' - relief package is €200bln & doubts are *already* being voiced whether will suffice.
Read 14 tweets
Not sure on #Sterling story? Here goes.

*deep breath. You’ve got this, folks.*

When £ is weak, it’s more expensive to buy things from abroad, or things priced in dollars, like oil (diesel/petrol). At some point, higher costs are passed on to consumers.
Also many industries HAVE to buy from abroad but sell in £. Supermarkets & clothes retailers, for example. Even agriculture buys fertiliser. So a weak £ is a doubly inflationary hit. It hits our confidence too. Meaning demand for new things or services can fall.
Smaller, UK focussed businesses suffer more than eg international big business because their revenues are more likely to be in £s.

Obviously if you’re going on hols or a Brit living abroad but being paid in £, whether in salary or pension, your purchasing power goes down.
Read 9 tweets
Reflections on the morning after - and especially the markets… 🧵

It may well take some time for the dust to settle on #KwasiKwarteng’s first #Budget (yes, 'Budget’: if it looks like a duck, walks like a duck and quacks like a duck, then it’s fair to call it a duck)...
The initial reaction from most economic commentators and in the financial markets has been a loud boo! There are some things I would have done differently. But the overall strategy is sound, and sentiment should recover as the economic benefits become clearer...
There are two aspects I particularly liked. One is the emphasis on breaking the ‘doom loop’ of weak economic growth and rising taxes, both with tax cuts and – at least as importantly – structural reforms on the supply-side...
Read 16 tweets
[A LA UNE A 20H] Après l'Espagne et le Portugal déjà en pleine canicule, la France plonge à son tour dans une deuxième vague de chaleur en à peine un mois, avec son corollaire : des feux de forêts dans le sud du pays #AFP #AFPGraphics 1/5 ImageImage
[A LA UNE A 20H] Sophie Patterson-Spatz, qui accuse de viol Gérald Darmanin depuis 2017, a fait appel de l'ordonnance de non-lieu signée vendredi en faveur du ministre de l'Intérieur, a indiqué son avocate à l'#AFP 2/5 ImageImage
[A LA UNE A 20H] Le chef de la diplomatie américaine Antony Blinken (sur la photo) a accusé Moscou d'avoir déplacé de force jusqu'à 1,6 million d'Ukrainiens vers la Russie, dénonçant une opération délibérée pour dépeupler une partie de l'Ukraine #AFP 3/5 Image
Read 5 tweets
KBC Bank 1/4: The economic calendar contains US CPI today. Consensus lies at 1.5% y/y for both headline and core measures. Inflation is gradually becoming a topic in markets thinking with US market-based inflation expectations reaching ever higher levels.
KBC Bank 2/4: For today however, the reading probably won’t have a dramatic impact. We more look forward to US 10-yr bond sale later today. Will the recent rise in long rates suffice to offset the increased inflation (and perhaps sovereign credit) risks markets see to the fiscal
KBC Bank 3/4: and monetary abundancy? A smooth auction would probably ease such fears. This could solidify the 1.2% (10-yr) and 2% (30-yr) technical resistance areas, but only for the short term. It could keep the USD in a less beneficial position as well,
Read 4 tweets
KBC Bank 1/4: The big reflation trade took a moment to catch its breath yesterday. Circumstances were ideal with no important data scheduled to trigger abrupt market moves. Equities finished broadly unchanged after erasing earlier losses, both in the EMU and the US.
KBC Bank 2/4: Core bond yields traded choppy and below recent (recovery) highs. The US kicked off its bond sales with 3yr tenor. The auction went smoothly but didn’t impact markets. US Treasuries edged higher at the long end of the curve, sending rates marginally lower driven by
KBC 3/4: the real yield component. German yields ended a volatile trading day flat. Peripheral yield spreads widened just 1 bps. #USD traded on the back foot even as risk sentiment was fragile. #EURUSD took out intermediate resist around 1.208 to finish session north of 1.21again
Read 4 tweets
It’s been an especially stormy start to the year for the UK, which finds itself at ground zero for the spread of a new and highly infectious strain of the coronavirus, even as it struggles to cope with withdrawal from the European Union’s single market and customs zone.
Yet the UK’s financial markets are performing relatively respectably year-to-date as investors focus on the UK’s strong vaccination performance and look ahead to the possibility of economic reopening and recovery.
In this video interview, Nick Andrews examines the forces at work and weighs the risks facing the UK economy and markets. #UK #Brexit #pound #sterling #assetallocation #EU #singlemarket
Read 3 tweets
On today's Money Talk; The #IMF has warned that the #Covid19 health crisis will cause “lasting damage” to the global economy, which is now projected to contract by 4.4% in 2020. The Fund also cut its growth forecast for 2021 to 5.2%.
Imports into #China hit their highest dollar amount on record in September. The latest trade data showed imports surging by 13.2% to a record $203bn, massively beating forecasts of a rise of just 0.1%. Exports jumped by the most since March 2019, rising 9.9%.
The World Trade Organisation has ruled that the #EU may impose taxes of up to US$4bn on US goods annually as punishment for subsidies provided to Boeing. Last year, the #WTO cleared the #US to impose tariffs on US$7.5bn of EU items.
Read 13 tweets
The Curse of 1933 strikes again. The most wasteful spender, the least rigorous accountant, the most venal, inconstant & short-termist of decision makers will now comandeer vast resources to lavish on pet projects, political boondoggles and so draw...
#UK #recovery
...more them -and the talent to use them- from the pursuit of greater productivity, tighter cost control, more flexible & immediate response for the voluntary customers’ needs by men and women themselves at risk if they choose wrongly -i.e., #entrepreneurs...
Echoing all the canards of the past 100 years, #BorisJohnson will now take Britain down the path of borrowing artificially cheap funds to plough into make-work projects and undertakings of dubious efficiency and elusive real return. Here is a #Conservative government..
Read 9 tweets
#OpportunityCost is the aggregate net cost of doing something, vis a vis 'not doing it' at all.

The initial project, option & prospect of #Brexit came with huge opportunity costs, which were too easily pre-discounted as #ProjectFear. 1/
The initial #Leave case, dramatised by the #BorisBus, contended that UK could save its £350m pw #EU 'gross membership contribution' and pass that 'saving' straight to the #NHS - as 'additional funding'. 2/
The #Leave case focused on saving UK's #EU gross membership cost in favour of #NHS.

It ignored regular #EU annual contributions back into a multiplicity of UK projects, which would obviously be stopped, if we ceased membership.
Read 34 tweets
How I went from 1 MILLION to 23k in 7 weeks in #FPL

If your interested read on, if not no worries.
#GW1 “A strategy in place”

Kept an eye on preseason games & formulated what I thought was a solid strategy based on players form from last season (BIG mistake)

Decent start with 68 pts
#GW2 to #GW8 “Abandoned Strategy”

The World Cup with late returns, lack of fitness, PL team selection chaos played havoc on my #FPL team.

Time for a re-think & major surgery.
Read 31 tweets

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