10 ordspråk av Neill Pickering

Neill Pickering

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Investors are keeping an eye on oil as the intensifying standoff between the West and Iran looks to pick up steam.

I think the story is done on those stocks.

Oil I think is done and dusted for another few months.

You have had some very positive results and some quite poor results.

There is always something on the boil at the moment and that keeps people on their toes.

As a coming-out party, it is a baptism of fire.

Bird-flu in wild swans in Germany, Austria and Iran are still cause for concern.

These prices have not been seen since mid-2004, when the Fed Reserves began the first of a long series of rate hikes.

Mining and resource stocks will be in the spotlight this week as another round of iron-ore pricing negotiations is due - which would provide short-term volatility and price fluctuations for the market.

With stocks running out of steam late yesterday afternoon we suspect that the market will continue to present itself lower in early morning trade as higher oil prices grabbed far bigger attention than the M&A activity.

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