“But the health crisis is bigger than one group of workers. Problems exist in many professional groups and the Government needs to fix these problems now.”
“If we hadn't had this breakthrough today, there would have been significant industrial action that would have started directly affecting patient care.”
“The big qualifier on that is that a lot of the price action we've seen in equity markets and earnings expectations are due to that energy price move and higher profit expectations among oil & gas firms.”
“Clearly there are some fears about what exactly the future holds for Iran. The uncertainty there is probably having some sort of bearing and perhaps being used as a catalyst or rationale for profit taking after the very strong run we've seen.”
“M&A activity has been the pattern for some time. Whilst we still have a decent macro background combined with low financing costs there's probably more to come. It's probably supportive of a relatively cheap market.”
“There is reasonable optimism still in investors' minds. We are still seeing good support coming through from corporate earnings and there are plenty of mergers and acquisitions rumors and actual which get investors excited.”