17 Quotes by Neil Parker
- Author Neil Parker
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U.K. May PPI data are unlikely to move markets markedly, in spite of the large rise in input prices, since this was largely due to the rebound in oil prices.
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- Author Neil Parker
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There does seem to be this dichotomy of views with some saying the equity markets are still undervalued when others are saying that is not the case.
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This will not put a rate cut back on the map, but it does remove any prospects of rates rising.
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I do not think stocks should have a bid premium built into them. That assumes that there is a good reason to buy them.
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It is like there is a mental block. It is time for a correction down to 5,500 before we attack 6,000 again.
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The rate debate seems more alive than ever, so all the U.K. data will be important,
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What does it tell us? It tells us the market is not convinced. The market is trying to find its feet. Does it want another leg higher, or are we going to have a correction down?
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There's no sign of recovery for the euro. There's not much the European Central Bank can do with strong oil prices and a weak euro adding inflationary pressure. It has prepared the market for a rate rise next Thursday -- we expect 25 basis points.
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- Author Neil Parker
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There's no sign of recovery for the euro, ... There's not much the European Central Bank can do with strong oil prices and a weak euro adding inflationary pressure. It has prepared the market for a rate rise next Thursday -- we expect 25 basis points.
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