Matthew Buckland Further Quotations

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

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.

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.

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

Equity markets finished last week on an upbeat footing but the resurgent price of oil and the fact some Asian markets have been closed for the week's opening session to mark the Chinese New Year may make further direction difficult to find in the short term.