FTSE lurches higher after a volatile day of bank and commodity swings May 10, 2012 A BOUNCE back by risk-sensitive banks and commodity stocks hauled Britain’s stock index higher yesterday after a roller-coaster session, with worries over the global growth outlook easing following benign US jobless claims. At the close, the FTSE 100 index was up 13.90 points, or 0.3 per cent at 5,543.95, holding above key technical support at [...]
Cisco’s outlook weighs on US stocks recovery May 10, 2012 THE DOW and the S&P 500 eked out a modest gain yesterday as investors dipped back into the market after a weak stretch, but a disappointing outlook from tech bellwether Cisco Systems and caution about Europe limited gains. In a positive development, Eurozone officials said the bloc’s countries are prepared to keep financing Greece until [...]
Lingering euro worries weigh on Wall Street May 9, 2012 U S stocks fell for the fifth day in six yesterday as investors kept their focus on the turmoil in Europe, but news that Greece will receive its latest debt bailout payment helped cut losses late in the session. In the afternoon the Nasdaq briefly turned positive and the S&P rose to break-even after news [...]
Eurozone fears see FTSE 100 fall to fresh 2012 low May 9, 2012 UK equities slumped to their lowest level this year yesterday and faced further losses amid downbeat corporate reports and concerns about the health of the Eurozone, Britain’s biggest export market. Shares in several big companies – including oil major BP and drug maker GlaxoSmithKline – went ex-dividend, meaning investors buying them from now on will [...]
The four traits key to success in the critical world of sales May 9, 2012 PHILIP Delves Broughton’s idea is very simple. “Selling is not a sideshow, a pesky obligation apart from the real business of finance, law, or accounting. It is business in gorgeous Technicolour.” Sales is a “human practice.” To be a success in sales requires skills and traits that aren’t solely useful in that particular job, but [...]
JOBS of the WEEK May 9, 2012 FIXED INCOME SALES CENTRAL LONDON £50K-£100K pa, plus commission A leading investment firm is looking to hire a number of fixed income sales professionals to join the growing division. Previous experience and an identifiable client base is essential. http://www.cityamcareers.com/job/10068 FINANCE DIRECTOR SINGAPORE £101K-£141K pa, plus excellent benefits The investment banking arm of a leading global [...]
Late recovery on Wall Street May 8, 2012 US stocks ended lower yesterdayafter political developments in Greece fanned concerns about Europe’s fiscal health, but a late rally helped cut losses to close above lows. The Dow Jones industrial average was down 76.44 points, or 0.59 per cent, at 12,932.09. The Standard & Poor’s 500 Index was down 5.86 points, or 0.43 per cent, [...]
FTSE slumps to fresh 2012 low May 8, 2012 A slump in heavyweight mining stocks drove Britain’s benchmark share index down to its lowest level since the start of 2012 yesterday, after Greece’s commitment to bailout pledges was put into question – and dealers said further falls were likely. The FTSE 100 index ended down 100.51 points, or 1.8 per cent, at 5,554.55 points [...]
Time to buy your tickets for our special trading event May 8, 2012 IT IS safe to say that social media is now a key tool in today’s markets – helping you to trade. However, there are dangers too. Here are my top five tips for using social media to trade – a taster for the trading show on 24 May. 1 OPEN YOUR EYES Don’t blindly follow others [...]
SOCIAL MEDIA MEETS TRADING 12.30PM – 1.20PM, 24 MAY May 8, 2012 DAN MOCZULSKI LONDON CAPITAL GROUP Dan is commercial director at London Capital Group, which offers spread betting and contracts for difference. He also consults for Zignals – a Microsoft-backed company supporting easy creation and sharing of algorithmic trading strategies. Twitter: @dan_moczulski YONI ASSIA ETORO Yoni drives eToro’s strategic goals and oversees all its business units. [...]