Hopes rising over the weekend that the Stock Market correction is nearing the end. US 10 Year Bond at 2.92% , Gold $1,811 and EUR/USD 1.0422.
Still offering value GBP/EUR 1.1720.
Anyone unsure of the degree of uplift that the rising oil price post Ukraine has had need only look at oil giant Saudi Aramco’s latest quarterly profit release. Up from USD 21.7 billion to USD 39 billion this 80% increase has sent Aramco’s shares soaring. Needless to say this has in turn meant that the Saud’s Arabian economy is showing its highest growth rate for 10 years. Oil WTI $110.
Not a typo. This is to do with Supernal Electric Air Vehicles also known as Flying Taxis and their development in Coventry England. Measuring 40 metres in wingspan Urban Airports are leading the charge with these vehicles as they compete with competitor SkyPorts in the race to get this new form of personal transport airborne. GBP not responding (yet) to this innovative burst in the Midlands with GBP/USD 1.2230
Before you reach for your Acronym Dictionary that stands for the UK’s National Federation of Fish Fryers and their members are in trouble. Up to 50% of the UKs sunflower oil used for frying the fish and chips comes from Ukraine and 40% of the haddock and cod from Russia. Put this together and up to a third of the UK’s fish bars are facing closure. No oil, no fish so it’s grilled vegan burger and chips anyone?
This song released this day in 1981 by Kim Carnes was originally recorded in 1975, but it was in 1981 that she enjoyed commercial success and won a Grammy award. Here it is:
Her hair is Harlow gold
Her lips a sweet surprise
Her hands are never cold
She’s got Bette Davis eyes
She’ll turn her music on you
You won’t have to think twice
She’s pure as New York snow
She got Bette Davis eyes
And she’ll tease you, she’ll unease you
All the better just to please you
She’s precocious, and she knows just what it
Takes to make a pro blush
She got Greta Garbo’s standoff sighs, she’s got Bette Davis eyes
She’ll let you take her home
It whets her appetite
She’ll lay you on a throne
She got Bette Davis eyes
She’ll take a tumble on you
Roll you like you were dice
Until you come out blue
She’s got Bette Davis eyes
She’ll expose you, when she snows you
Off your feet with the crumbs, she throws you
She’s ferocious and she knows just what it
Takes to make a pro blush
All the boys think she’s a spy, she’s got Bette Davis eyes
She’ll tease you, she’ll unease you
All the better just to please you
She’s precocious, and she knows just what it
Takes to make a pro blush
All the boys think she’s a spy, she’s got Bette Davis eyes
Discussion and Analysis by Humphrey Percy, Chairman and Founder
UK Employment At 75.1%, employment for people aged 16-64 looks sort of OK depending on what that really means, but it does not alter the fact that there are currently 1.55 million people who are unemployed, or 4.4% of the potential workforce. Another much more significant number, is that there are currently 9.27 million people […]
British Pound A 7 month high versus USD, and GBP is at present benefitting from the self inflicted wounds that the USA is continuing to suffer, the latest of which is the speculation over whether POTUS will defenestrate the Chair of the Federal Reserve. At the moment, and we choose our words carefully given the […]
Rotation out of the US Quite what that rotation may mean and by how much is exercising the markets and also doubtless the Chair of the Federal Reserve. For the yield on 10 year US Treasury Bonds to move from 3.99% to 4.50% in a week is extraordinary. At the same time, the US Dollar […]