Matthew Buckland Quotes (8 Quotes)

The resurgent price of oil may make further direction difficult to find in the short term.

(That) may offer further indications as to the threat posed by inflation and precisely when we might see the FOMC tighten interest rates further.

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.

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.

The prospect for some profit taking ahead of the weekend break doubtless remains.

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.

We're looking at a somewhat flat start to the week. Oil prices look set to play a key role in directing equities.

Although consensus is that the next move will be downward, it still seems as if this is going to be some time away.