Which one? 100 or 250?
FTSE 100 was up because 75% of the companies listed in it are multinationals who operate overseas. A drop in the pound means that eg. if you make your companies income in $ then when you bring it back to the UK its worth more as £ is lower. That's why FTSE 100 is up. FTSE 250 which contains more companies whose operations are UK based and thus subject to the outlook for the UK economy went up a bit after a steep drop but not as far.
These movements by the way are a response to the idea that we might be leaving the EU. As yet we have no idea of what any alternatives will be or what kind of relationship we will end up in. Once that becomes clearer expect more movement in markets.
The prediction the pound will go sub $1.20 is being made by the likes of HSBC and George Soros it's really not doom-saying its knowledgeable experts giving their best assessment of it's likely trajectory. Events might alter that but short of some kind of move to reverse the idiotic self harming decision to leave the EU that trend towards parity seems reasonably likely to me. Expect to pay a heck of a lot more for pretty much everything in future and I suspect due to the tightness of margins in IT retail the prices of all IT components will rise substantially in the next few years, I would be pretty shocked if in the next 5 years we don't enjoy price rises of around 30% in IT components.
So when you upgrade your GPU to the next gen after 1080 expect to pay something like 30% more for it, but hey we 'took back control' right!
if people dont pay for the products they cant sell em or make money.so price has to be realistic.regardless of the situation
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so expect to pay 30 percent extra no. prepare not to get a sale.we are at standards now for many enthusiasts and pc people where we dont even need to upgrade.
if sales drop over a period the prices will drop. they need to function make money.its that simple.at the moment there is a gap to exploit or make money companies will while hot products are about.
if you can sell them as fast as you can and make extra because of certain situations you will if you in business. its a money thing.not love.
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