CPI y/y

[SimonPB]

8.5% vs 8.6% last time and 8.4% expected ..

[Rovert]

Simon - whats your guess on the results of the bank stress tests due on Monday ? Think we in for a bit of nasty?

[SimonPB]

I have as much a clue as anybody else .. which is exactly zero ..

[Rovert]

Yeah but i wonder if there is any truth in them 'leaked' results....where there's smoke maybe

[Hibiscus]

Judging from the response of forum memebers on this boring forum it seems as if this number is a non-event! I think on the contrary however. Extreme importance to traders and investors alike? One of the major stimulators in our local economy now is interst rates. Not so. Based on these close inflation numbers I think the announcement of the Gov tomorrow will have a knee jerk reaction and for investors long term implications. As an investor rebuilding portfolio what shall we buy before 15:00. Anouncement already factored in?