There's some concern that although inflationary pressures do appear to have receded in recent days, higher fuel prices could reigniteworries here and this in turn has the potential to weigh on stocks across the board.
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This quote is just one of 7 total Matt Buckland quotes in our collection. Matt Buckland is known for saying 'There's some concern that although inflationary pressures do appear to have receded in recent days, higher fuel prices could reignite worries here and this in turn has the potential to weigh on stocks across the board.' as well as some of the following quotes.
The petrochemicals sector looks set to remain squarely in focus as trading in 2006 gets under way.
With the rate verdict due later, 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.
Crude is back above $61 a barrel -- something that will buoy the likes of Shell and BP -- and in turn give the FTSE some support in early trade, but once again the implications this news has on industry as a whole may yet weigh on broader stocks in the days ahead.
Whether the FTSE can break through the key 5,800 barrier remains to be seen but there's little fundamental data around just now that could support an extended rally.
This quote is just one of 7 total Matt Buckland quotes in our collection. Matt Buckland is known for saying 'There's some concern that although inflationary pressures do appear to have receded in recent days, higher fuel prices could reignite worries here and this in turn has the potential to weigh on stocks across the board.' as well as some of the following quotes.