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Old 29-06-2016, 06:25 PM #1
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Default Markets improving some good news

Today the FTSE 100 is up more than 2% and is now above its level for all of June save referendum day.
The FTSE 250 - a better barometer of British business health - is up nearly 2%, though still significantly lower than it was on referendum day, its highest for the year, when many market participants believed Remain would win on 23 June.
Government borrowing costs are falling.
And sterling has stabilised.

http://www.bbc.co.uk/news/business-36665685

According to the beeb the markets are starting to improve. I thought it would be nice to share some good news for a change.
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Old 29-06-2016, 06:31 PM #2
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Very welcome
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Old 29-06-2016, 06:39 PM #3
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Also saw this which is also good news.

The claim: The damage done to the economy has already been many times the value of the UK's contribution to the EU Budget.

Reality Check verdict: There may already have been an impact on the economy or the public finances but we do not yet have data showing that. The indicative cost of borrowing for the government has actually fallen.
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Old 29-06-2016, 06:43 PM #4
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Yes, it is a bit of good news. We will just have to wait and see. I'm glad there was no rush to make our leaving official, that would have given the markets a fright.
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Old 29-06-2016, 07:20 PM #5
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Gold also went up 20% didn't it soon after the EU result came in.
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Old 29-06-2016, 07:21 PM #6
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My niece also got a job! Who'd a thought jobs are still being created in all this end of the world doom and gloom stuff.
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Old 29-06-2016, 07:25 PM #7
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Stirling has gone downhill





















Since the move to Manchester City.
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Old 29-06-2016, 07:43 PM #8
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Stirling has gone downhill





















Since the move to Manchester City.
I can't complain about that I get paid in dollars and convert.
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Old 29-06-2016, 07:46 PM #9
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I can't complain about that I get paid in dollars and convert.

football player
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Old 29-06-2016, 08:07 PM #10
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football player
Freelance!
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Old 29-06-2016, 08:08 PM #11
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Freelance!
You lance boils for free? Not much money in that then.
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Old 29-06-2016, 08:10 PM #12
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You lance boils for free? Not much money in that then.
Graphic design for computer games and such.
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Old 29-06-2016, 08:30 PM #13
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Graphic design for computer games and such.
Oh that's interesting, if you need any music just give me a shout.
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Old 29-06-2016, 08:51 PM #14
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Oh that's interesting, if you need any music just give me a shout.
It's not really the area I work in, I make the characters and buildings and scenery but if I hear anything I'll let you know.
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Old 29-06-2016, 10:00 PM #15
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Good news but the upturn will only be temporary. I imagine it'll tank again as we get closer to the actual leave date.
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Old 29-06-2016, 10:03 PM #16
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It's not really the area I work in, I make the characters and buildings and scenery but if I hear anything I'll let you know.
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Old 29-06-2016, 10:15 PM #17
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My niece also got a job! Who'd a thought jobs are still being created in all this end of the world doom and gloom stuff.

How Nice
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Old 29-06-2016, 10:20 PM #18
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Quote:
Originally Posted by Dezzy View Post
Good news but the upturn will only be temporary. I imagine it'll tank again as we get closer to the actual leave date.

Yes Dezzy when we
Bolt our Door.

It will be Tougher.
I am Glad you are ready.

I do hope you will able to shop
at AsdaWalmart
by then - using their special USA connection
to stay cheaper.

I am sure longer times
ahead we will be a Even Better England

Last edited by arista; 29-06-2016 at 10:29 PM.
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Old 29-06-2016, 10:28 PM #19
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I can't complain about that I get paid in dollars and convert.

You Lucky Begger
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Old 29-06-2016, 10:31 PM #20
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The markets will settle as long as there is continuity, it is now as secure as it can be, that this Article 50, if it ever gets activated, is not likely to be done until late this year or even not until next year.

The instant action expected has not come about because none of the leave leaders, had any idea how to go about this and had no plan to execute immediately.
Sterling has suffered but it is now clear that it will be years before we are out the EU now.

Also the Bank of England has made available Ł250billion to help the economy and to stave off any banking crisis.
That gives assurances that short term nothing is to change, so of course that will be reflected in the markets.

Wait until the deals are being negotiated and what hiccups or obstacles then may need to be got over, that is f they can, that is when the real test comes not now, as at this point, nothing has changed other than the vote.

One Swallow does not make a Summer, there is a very long and tricky, obstacle filled road to go down yet, when and if Article 50 is triggered.
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Old 29-06-2016, 10:39 PM #21
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The markets will settle as long as there is continuity, it is now as secure as it can be, that this Article 50, if it ever gets activated, is not likely to be done until late this year or even not until next year.

The instant action expected has not come about because none of the leave leaders, had any idea how to go about this and had no plan to execute immediately.
Sterling has suffered but it is now clear that it will be years before we are out the EU now.

Also the Bank of England has made available Ł250billion to help the economy and to stave off any banking crisis.
That gives assurances that short term nothing is to change, so of course that will be reflected in the markets.

Wait until the deals are being negotiated and what hiccups or obstacles then may need to be got over, that is f they can, that is when the real test comes not now, as at this point, nothing has changed other than the vote.

One Swallow does not make a Summer, there is a very long and tricky, obstacle filled road to go down yet, when and if Article 50 is triggered.


Yes Joey
It will be Tough
But we can take it.

Do your Parents Advise you ,
more now.


Are you a Lawyer?
as we need more EU Lawyers
to asist in the Civil Service
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Old 29-06-2016, 10:44 PM #22
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Yes Joey
It will be Tough
But we can take it.

Do your Parents Advise you ,
more now.


Are you a Lawyer?
as we need more EU Lawyers
to asist in the Civil Service
No, I actually possibly advise my Parents more than vice versa it seems now,when I see them that is, as they spend more time in Rome now than the UK.

Yes I am.

No I do not want to do any work with the civil service thank you.

That all looks like an absolute mountain of work to get through and all extremely time consuming too.
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Old 29-06-2016, 10:56 PM #23
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No, I actually possibly advise my Parents more than vice versa it seems now,when I see them that is, as they spend more time in Rome now than the UK.

Yes I am.

No I do not want to do any work with the civil service thank you.

That all looks like an absolute mountain of work to get through and all extremely time consuming too.


Great
I will contact Head Office and Ensure
you get Higher Pay
as you are at a Higher level
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Old 29-06-2016, 10:58 PM #24
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Great
I will contact Head Office and Ensure
you get Higher Pay
as you are at a Higher level
No,money doesn't tempt me, I want to get satisfaction from my work and enjoy it.

I am happy as I am, thank you anyway.
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Old 29-06-2016, 11:11 PM #25
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No,money doesn't tempt me, I want to get satisfaction from my work and enjoy it.

I am happy as I am, thank you anyway.



OK I will Contact them again
and Double Your PAY
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