In today’s Press and Journal newspaper Deputy Governor of the Bank of England’s Ben Broadbent said, ‘in my opinion, it is a bit tricky at the moment to make a decision [to raise rates]. I am not ready to do it yet’.
In a joint survey by Mastercard and Tufts University of Massachusetts published yesterday Britain was ranked among the top 8 countries being ‘both digitally evolved and advancing quickly’. Estonia, Hong Kong, Israel, Japan, New Zealand, Singapore and the UAE are in this elite group. The Digital Evolution Index, according to City AM, looks at momentum in the economy when it comes to digital, including the number of people coming online, the value found there and how trustworthy the digital environment is.
Dax 30
Interesting to see how momentum has remained negative despite lack of progress one way or another. Consolidation this month might be a little A, B, C type move in an especially narrow range.
SHORT TERM TRADER: Small short at 12380; stop above 12600. Target 12000.
POSITION TAKER: Square.
SUPPORT
|
RESISTANCE |
12400 | 12500 |
12345 | 12540 |
12310 | 12600 |
12270 | 12735 |
