Fed rate hike decision: What’s expected to change, what it means, and how it will impact your investments December 16, 2015 The world is watching the US central bank, the Federal Reserve, as experts think it will finally raise interest rates from their record lows today.. The Federal Reserve’s main interest rate was cut to 0.25 per cent in December 2008, the depths of the financial crisis. It has stayed there since. It was an [...]
Communist leader Chairman Mao’s letter to the Labour party sold for £605,000 at auction house Sotheby’s December 15, 2015 NULL
CV advice for 2016: “Team players” and “good listeners” don’t get hired December 15, 2015 If writing a CV is a difficult task, reading one may be just as taxing. Recent research by the New College of the Humanities found that 59 per cent of employers said they are caused “stress” by grammatical and typing errors on job applications. So if you’re thinking of applying for jobs in the [...]
Forget Janet and Mario: 2016 is the year of GARY – CNBC Comment December 15, 2015 Investors have spent the last few years betting with the Fed and the ECB, as monetary policy dominated fundamentals. But many are now stumped over what to do next, as central bankers today seem to carry more risk and less reward. The ECB’s Mario Draghi let investors down this month with a flawed communications strategy. [...]
Japan: Three years after the Abenomics’ bazookas were fired, the jury’s out on whether the economy is better off – but investors are cheering the Nikkei’s rise December 15, 2015 As he launched the bazooka that would lift Japan’s economy out of decades of stagnation, Prime Minister Shinzo Abe told the world he was firing “three arrows” of “bold policy” which would finally “achieve results”. Three years on, and the jury’s still out on whether Abenomics is showing signs of success. THE [...]
What Federal Reserve chair Janet Yellen is likely to say this week – eToro Tips & Picks December 14, 2015 Many are now asking when – not if – the oil price will reach the $30 benchmark. A sustained period of very low prices will place increasing strain on the Saudi economy, potentially worsening the internal security situation and contributing to greater tension with its neighbours. Western economies are enjoying lower energy costs, but the [...]
Bitcoin just became the national currency of Atlantis (really) December 14, 2015 No seriously, bear with us here… Bitcoin just became the national currency of the tiny island Pontinha, a self-proclaimed country off the coast of Portugal. The micronation, which is in the process of being renamed Atlantis after the mythical lost civilisation, has officially adopted bitcoin as its currency – making it “the first country in [...]