Matthew Buckland Quotes
Yesterday's better than expected U.S. housing data combined with resurgent oil prices looks set to leave equities under a degree of pressure. - Matthew Buckland
With the FOMC rate verdict due later today, there's a cautious mood creeping into equity markets as although a 25 basis point hike is widely expected, there's little consensus as to just how long the aggressive stance over interest rates will now continue for.
- Matthew Buckland
With merger speculation failing to die out and strengthening metals prices, European markets are set for another strong start.
- Matthew Buckland
We're looking at a somewhat flat start to the week. Oil prices look set to play a key role in directing equities.
- Matthew Buckland
Upbeat earnings news left Wall Street with a triple digit gain through yesterday's session and this looks set to lift European equities in early trade.
- Matthew Buckland
Today's market may well face a struggle for direction. Uncertainty over oil prices and the future direction for U.S. interest rates has made it a somewhat choppy week.
- Matthew Buckland
There's no argument for a quick spate of booking profits on the week as we're sitting close to current lows, but the diminishing prospect of a rate cut in the UK combined with improving cash yields across the Atlantic could make further notable gains difficult to find.
- Matthew Buckland
The resurgent price of oil may make further direction difficult to find in the short term.
- Matthew Buckland
The prospect for some profit taking ahead of the weekend break doubtless remains.
- Matthew Buckland
The MPC meeting minutes due next Wednesday will provide additional direction here, but anything that reinforces the need for a quick reduction is yields on cash deposits could again offer further support for stocks.
- Matthew Buckland
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