MARKETS LOOK TO THE FED FOR ITS NEXT POLICY MOVE June 18, 2012 Last Friday, equity markets were rallying on rumours that central banks were preparing for coordinated action, should the majority of Greek voters make the “wrong” decision and back the anti-bailout party, Syriza. Yesterday, the major indices gave up early gains following the news that Syriza came a close second to New Democracy. After all, although [...]
Labrokes betting on success June 18, 2012 OVER the coming months, Ladbrokes will be looking for favourable odds. The UK’s largest betting company is likely to benefit from a year packed with international sporting events. A heavily criticised decision to walk away from acquiring 888 Holdings may be a gamble set to pay off. The stock is on an uptrend, so a [...]
FXCM trading masterclass June 18, 2012 On June 22, FXCM will be hosting an exclusive spread betting forex seminar on automated trading – demonstrating the opportunities to simplify and maximise your trading experience using the FXCM platform. Taking place at the Grange Tower Bridge Hotel from 8am-10am, the seminar will look at automated trading as a way of taking the hassle [...]
Analyst picks for 18 June 2012 June 18, 2012 CURRENCY STRATEGIST JOEL KRUGER My pick: Buy dollar-Japanese yen Expertise: Technical analysis Average time frame of trades: 1 day to 1 week We continue to see this market very well supported into additional setbacks, with the greater risk of the formation of a major longer-term base, after setting record lows in 2011. As such, any [...]
Quit yoyo trading to help consume healthier profits June 18, 2012 A YOYO trader is one who shows the same destructive pattern as a yoyo dieter. After a series of successful trades, the yoyo trader suffers repeated losses. If not warned, he or she will get stuck in this pattern, often with detrimental results. But there is hope. About one third of UK adults are obese [...]
LONDON THE WEEK AHEAD June 17, 2012 THE world’s leaders will be watching the fallout from the Greek election today from Mexico, at the two-day G20 summit. But despite the focus on the election results this week – plus Spain’s report today on whether €100bn is enough to solve its financial woes – there is also a busy calendar for UK business [...]
THE WALL ST WEEK AHEAD June 17, 2012 IN addition to backyard barbecues and beer, this year’s Father’s Day was likely to have seen many investors with their minds on Greece. The Greek election – the vote yesterday that grabbed the attention of the world’s financial markets – is expected to create volatility in the new trading week, in particular, for US stocks, [...]
World Entrepreneur of the Year June 17, 2012 DESPITE the gloomy economic outlook in Europe, Monte Carlo was buzzing, as Ernst and Young hosted its twelfth annual World Entrepreneur of the Year award last week. No fewer than 59 entrepreneurs from 51 countries gathered to compete for the top prize in an atmosphere of unfettered optimism. This year’s country winners included Reid Hoffman, [...]
The ace of clubs: Building an innovative legacy at Home House June 17, 2012 WHEN the offer went up by yet another £1m I had to say yes. My heart was heavy though because I was proud of what we had created from scratch, against the odds. I’d also had a lot of fun. The business was the now famous London club, Home House. Eight years earlier, Brian Clivaz [...]
Four competitions for speedy growth June 17, 2012 GOOD things don’t always come to those who wait. Here are some great prizes for talented entrepreneurs looking to kick-start their start-up. Innovating for Growth (British Library) Key date: Ongoing Details: You can win a package of business advice and support worth £10,000 through th British Library. It is available free to SMEs who want [...]