Menu
Sister Sites

  • UK's PM Truss and Chancellor Kwarteng to announce mini-budget u-turn today - Time

Bailey 1-0 Truss
Expect the volatility to continue. I anticipate this move up in GBPJPY to be soon followed by a massive swing down.
IMHO Kwasi Kwarteng is GONE.
Truss press conference due -
Warning: A Dangerous Subversive: 1% of comments CoCed
  •  Guest
  • | IP XXX.XX.216.67
So its good for currency right?
Quoting RossEdwards
IMHO Kwasi Kwarteng is GONE. Truss press conference due -
Agree - someone needs to be the scapegoat!
Quoting RossEdwards
IMHO Kwasi Kwarteng is GONE. Truss press conference due -
What do you expect? pound down?
Immediate Outcome for £? Anyone?
IMHO Think City already priced this in yesterday.. (personal sources..)
Maybe reaction from NY..

Edit.. @ Yoko.. IMHO.. (not a recommendation) a relief rally reaction as this shitshow unravels with hope it will stabilize.. Followed by a further decline as full extent of damage already done and the irreversible damages sink in..
Problem is how much alreadybuilt in.. This is where tech analysis PA will give clues to answer that question..
#Just a Thought
Edit 2: PA suggest market has U-Turn built in to price in yesterdays rally.. and now we are seeing market reaaction to damage already done..
Warning: A Dangerous Subversive: 1% of comments CoCed
He is gone according to BBC.
WHAT A JOKE. I thought it couldnt get worse than Boris. But dont catch a falling knife also goes for politicians ((:
A lot of uncertainty, this is a sell signal usually. The market might do a big whipsaw, considering the current volatility but GJ is going to 163.000 today is my bet.
Complete muppets, couldn't organize a piss up in a pub
Quoting RossEdwards
Immediate Outcome for £? Anyone?...
Busy digesting the news, but my guess is then it will continue in it's direction
Quoting RossEdwards
Immediate Outcome for £? Anyone? IMHO Think City already priced this in yesterday.. (personal sources..) Maybe reaction from NY.. Edit.. @ Yoko.. IMHO.. (not a recommendation) a relief rally reaction as this shitshow unravels with hope it will stabilize.. Followed by a further decline as full extent of damage already done and the irreversible damages sink in.. Problem is how much alreadybuilt in.. This is where tech analysis PA will give clues to answer that question.. #Just a Thought Edit 2: PA suggest market has U-Turn built in to price in yesterdays...
thank you!
Kamikwasi has done a Hari kiri
Follow the Money
Does not looking good J. Hunt has no background in economy or treasury. What on earth Truss is thinking? can not find any Tory member who excels in economy to stand in in this government? very worrying outlook
Quoting ntk
Does not looking good J. Hunt has no background in economy or treasury. What on earth Truss is thinking? can not find any Tory member who excels in economy to stand in in this government? very worrying outlook
More likely can not find any Tory who wants to be anywhere near her. She's tainted. Jeremy Hunt is a political has been, so one last hurrah is probably a change to the dreariness of his existance. But anyone with any ambition (or ability - seemingly optional these days) isn't gonna go near this!
  • New Comment
  •  Guest
  • | IP X.XXX.40.122
Join FF
  • Story Stats
  • Posted: Oct 14, 2022 5:59am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 16  /  Views: 5,206

  • Related Stories