Analyst picks for 3 September 2012 September 3, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Short Aussie-dollar Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few days We remain short on the burdened Australian dollar, which is set to see a wave of disappointing data over the coming days. The Reserve Bank of Australia (RBA) meets today, [...]
UK focus on ECB meeting outcome September 2, 2012 THURSDAY will be the highlight of the week for economists, with all eyes on results of the European Central Bank policy meeting. While the market waits to hear the latest plans to fix the Eurozone’s debt problem, the Bank of England will also be announcing its latest interest rate decision and asset purchase plan. However, [...]
More volume is likely as a new month begins September 2, 2012 MARKING the end of the summer doldrums, Wall Street is likely to kick off September with heavy trading volume while it hopes that the European Central Bank will hint at further stimulus measures to boost the global economy. On Friday, US Federal Reserve Chairman Ben Bernanke said that the central bank stands ready to bolster [...]
Top tips for investment first-timers September 2, 2012 IF YOU’RE lucky enough to find that you’ve got money left at the end of each month, the investment decisions you make now could make a big difference to the quality of the rest of your life. However, deciding how you invest isn’t easy. At a time of stock market volatility, negative real returns from [...]
Avanti: Profitting from a giant leap in data use September 2, 2012 ON THE wall in the meeting room of Avanti’s London offices – just off Shoreditch high street – hangs a piece of A4 paper in a simple frame. There, in plain text, Avanti’s mission is set out: “To be the world leader in Ka band satcoms, make lots of money and have some fun.” Avanti [...]
Incentives matter: Motivating staff is a necessity not a luxury September 2, 2012 THE villa, or riad, that I rented with friends and family in Morocco was luxurious and expensive. Beautifully decorated with a lovely garden. It came with staff, including a young guy, Yassim, whose job was to take care of our needs. It was a perfect holiday – except for him. Eventually I decided we needed [...]
FTSE edges lower with investors still cautious ahead of key EU meetings August 30, 2012 FRESH concerns over demand from China weighed on mining stocks and dragged Britain’s top share index lower yesterday, with investors bracing for a series of meetings that could pave the way for further central bank stimulus. The FTSE 100 closed down 24.08 points, or 0.4 per cent, at 5,719.45, in volumes just 58 per cent [...]
Wall St treads water ahead of Jackson Hole August 30, 2012 US stocks fell yesterday after several days of muted trading as investors took a defensive posture before Federal Reserve chairman Ben Bernanke’s much-awaited speech today. Bernanke, due to speak to central bankers in Jackson Hole, Wyoming, at 1400 GMT today, is expected to keep markets guessing about the timing of another round of bond purchases. [...]
Miners weighed down by copper price slip as quiet FTSE ends lower August 29, 2012 BRITAIN’S blue chip shares fell yesterday in very light trade as uncertainty over the outlook for the global economy and the next moves by central banks prompted many investors to stick to the sidelines. Miners were the standout fallers, off 2.2 per cent, weighed down by a drop in the copper price. Global growth worries [...]
Light trading in US ahead of Jackson Hole August 29, 2012 US stocks edged higher yesterday in the lightest trading of the year as investors waited for a key speech by Federal Reserve chairman Ben Bernanke on Friday. Daily volume this week has been very low, even for a seasonally slow period, with the market recording three of the four lowest volume full sessions of 2012. [...]