Terrier(ble) returns hound many funds February 22, 2012 Bestinvest throws a spaniel in the works – revealing once again the managers chasing their own tail INVESTING in stock markets has been challenging for investors, with so many ways to access various investments. Fund groups and brokers are also continuously promoting new fund launches, providing a wide array of choice, but this often means [...]
FTSE corrects as Greek deal struck February 21, 2012 BRITAIN’S top share index edged lower yesterday, with investors taking profit on banks and cyclicals after Greece secured a long-awaited bailout deal that averted the immediate risk of a messy default but offered no long-term panacea. London’s blue chip index closed down 17.05 points, or 0.3 per cent at 5,928.20, retreating from a seven-month closing [...]
Dow Jones climbs despite Wal-Mart February 21, 2012 US stocks ended little changed yesterday, paring gains after the Dow topped 13,000 for the first time since May 2008, and as higher oil prices damped prospects for the economy. Greece’s securing of a bailout to avoid a disorderly default provided some support to stocks, but investors said the news had mostly been priced in [...]
The Greek deal built on a bed of sand February 21, 2012 CAPITAL SPREADS ANGUS CAMPBELL The jump in the euro was as short lived as the expectations that this bailout deal will actually solve Greece’s problems. Euro-dollar failed at the major resistance level of $1.3300 creating a double top that bears feel could be a tough one to break through to the upside. We’ve heard of [...]
THE TIPSTER AUSSIE DOLLAR TRADERS CAUGHT ON THE HOP February 21, 2012 THE Aussie dollar-Japanese yen pair remains a key measure of investor risk appetite and both sides of the currency pair have been in the news recently. Last week, the Bank of Japan surprised markets by announcing additional easing. This followed news of the country’s unexpectedly large fall in GDP. Traders were also caught on the [...]
These Olympic Games are a chance to show the world what BA’s about February 21, 2012 Frank van der Post is the man making sure that British Airways gets a flying start as 2012’s airline partner Q. What was your brand’s primary reason for being involved with the Games? A. We’re a tier one sponsor for London 2012, and although we’ve sponsored British athletes before, it’s the first time we’ve been [...]
Our corporate reporting is broken: but new research says that it can be fixed February 21, 2012 Pressure mounts for substantial changes to company reports, as a survey uncovers ambiguous attitudes SOME debates, it seems, go unresolved for years despite their importance. The future of corporate reporting is one such issue. It is now more than five years since the leaders of the biggest six accounting firms declared that the reporting system [...]
European markets rise on Greek talks February 20, 2012 EUROPEAN shares closed at a near seven-month high yesterday as Eurozone finance ministers edged closer to a long-awaited agreement on a rescue package for Greece. The pan-European FTSEurofirst 300 index of top shares rose 0.7 per cent to 1,090.95 points. Volume was low, at 69.5 per cent of the 90-day average, with Wall Street closed [...]
China’s monetary easing puts FTSE close to the 6,000 level February 20, 2012 A SURPRISE easing in China’s monetary policy drove Britain’s FTSE 100 within striking distance of a seven and a half month closing high as miners rallied on the prospect of revived demand from the world’s most voracious consumer of raw materials. Miners were the top gainers as London’s blue chip index climbed 40.18 points, or [...]
Oil’s recent surge may sink in sands February 20, 2012 TRADERS looking at the recent actions of the theocracy of Iran – which confirmed its ban on the sale of crude oil to the UK and France on Sunday – might be forgiven for assuming that the escalating tensions between it and the West are going to be the biggest factor impacting the price of [...]