CNBC Comment: The truth behind the index of fear June 9, 2014 HERE we go again. We heard more gumpf last week about the precipitous decline of the Vix market volatility index, and how the “Index of Fear” has fallen to seven-year, pre-crisis lows. Maybe if I say “Index of Fear” enough times I can convince myself, and anyone reading this column, that it is a big, [...]
DailyFX Tips & Picks: Why the ECB’s rate cut left many traders disappointed June 9, 2014 With the ECB lowering the overnight deposit rate to negative territory last week, many traders were left disappointed. Euro-dollar did not break lower. The reason was market expectations and risk reward ratios, which many fail to take into account when trading. Markets are forward-looking: people take positions today, expecting a specific outcome in the future. [...]
DailyFX Tips & Picks: Analyst’s pick June 9, 2014 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Waiting for euro-dollar, euro-yen range breaks Expertise: Fundamental and technical analysis with risk management Average time frame of trades: A few days to a few weeks The ECB has dampened stimulus speculation as a driver for the 18-member currency, so we turn our attention back to the charts for [...]
How to master the art of negotiation June 9, 2014 From the “win-win” approach to more unusual strategies, here are some key deal-making tips FEW OF us could forget Cuba Gooding Jr’s infamous line, “Show me the money!” in the 1996 Oscar-winner Jerry Maguire. But most negotiations will require a little more nuance. Even sports agent Leigh Steinberg (on whom Tom Cruise’s eponymous character was [...]
VEC lands third British e-cigarette company as industry booms June 9, 2014 US Victory Electronic Cigarettes (VEC) has acquired its third British e-cigarette company in six months for $104m (£62m). Ten Motives, one of the largest and fastest growing e-cigarette companies in Europe, was founded in 2008 by former telecoms Art Devlin. Ten Motives has long term relationships with leading retailers, such as Sainsbury’s, Tesco and Bargain [...]
Entrepreneurs flock to London June 9, 2014 LONDON dominates a new league table showing the hottest neighbourhoods for start-up companies, with all but three of the UK’s top 20 areas for business creation located within the capital. Topping the list, published by accountancy firm UHY Hacker Young, is the postcode EC1V – home to the so-called tech city cluster of digital companies, [...]
Barclays rolling out contactless payment wristband next month June 9, 2014 BARCLAYS will launch a contactless payments wristband for consumers in 2015, called bPay, with trials of the wearable technology starting at sponsored events this year. The company hopes that the device will encourage cash-free payments as consumers increasingly turn to card and contactless payments. The British Summer Time music festival in Hyde Park will be [...]
How to manage your next promotion June 8, 2014 The transition to more senior positions can be challenging, especially if you believe all the myths YOU’VE finally got that promotion. You’ve worked hard, gained recognition for your efforts, your salary is rising, your team is expanding, and so is your responsibility. What next? Promotion anxiety, executive coach Gill Corkindale told the Harvard Business Review [...]
Care’s injury was hilarious and his fault, says England coach June 6, 2014 ENGLAND coach Andy Farrell insists he can see the funny side after firstchoice scrum-half Danny Care was ruled out of today’s first Test in New Zealand with a freak injury. Care hurt his shoulder in a training ground fall caused when he mistimed a grubber kick and instead stubbed his toe on the ground. The [...]
How climate change policies are hurting the world’s poor June 6, 2014 Government policies intended to reduce carbon dioxide are directly harming the poor in both the developing and developed world, according to a report released by the Global Warming Policy Foundation (GWPF). Energy sources that are not based on fossil fuels are making both power and food more expensive, the report argues. While the affluent remain [...]