Barring any surprises, it will likely not have a huge impact.
After the down day yesterday, obviously resource prices will be the deciding factor. Gold is off again this morning, so you could see some weakness there.
Wolfson specializes in this particular area. We focus only on the analogue and mixed signal area; we don't do the stand alone digital technology.
I don't think it will be as dramatic as yesterday, but we will see some gains despite profit taking.
The energy sector is weak today and that seems to be what is pulling against the tide in what would have been an otherwise slightly positive market.
We have oil prices that will definitely have an impact on the markets. Oil prices are up this morning as some rigs are evacuated, so that could cause some supply fears,
There could be a continued lifting in bank stocks and that's a flight to quality. I think you will continue to see people going to the higher-quality, dividend-paying stocks, where they can get the yield that satisfies them.
I think it's all going to be determined by oil prices and this far this morning, it's upwards and onwards,
I really get the feeling that the damage is so huge that people just can't even wrap their heads around when it even may come back. So I think you will see energy driving the day.
The main driving force last year was the increase in our penetration into portable applications, or products that are portable and use our chips.
