NEAR-TERM EURO-DOLLAR RISKS MAY LIE TO UPSIDE February 20, 2012 FX 360 Despite every possible effort by the shorts, euro-dollar refuses to go down. Over the past four weeks the pair has traded in a narrow $1.3000-$1.3300 range, rebounding every time it has broached the key $1.3000 level. One reason for this remarkable resilience is the persistent skew in positioning. After a few weeks of [...]
THE TIPSTER TRADERS HOPING TO BOOK SUITE OF PROFITS February 20, 2012 RESULTS last week from Intercontinental Hotels pointed to a resurgence in bookings outside of the beleaguered Eurozone, so investors in Millenium & Copthorne will be hoping that the company can replicate its larger peer’s success in areas such as China and the US. The operations in these areas should benefit from continuing economic growth, so [...]
Why not to position for a gold crash February 20, 2012 GOLD has traded in a channel for the last month, but despite this, it remains at a price nigh on unimaginable 18 months ago. “Although the last month has been a quiet one for the price of gold, the metal is still up by around 10 per cent for the year and is still almost [...]
Analyst picks for 21 February 2012 February 20, 2012 FOREX STRATEGIST JOEL KRUGER My pick: Looking to sell sterling-yen Expertise: Technical analysis Average time frame of trades: 1 day to 1 week This market has been very well bid over the past several sessions and while we could indeed be in the process of seeing a major structural shift, we also cannot ignore the [...]
Israel – a national hub of intense innovation February 20, 2012 WHAT INSPIRED STARTUP NATION? Israel has more startups than anywhere outside of Silicon Valley. It has two and a half times as much venture capital per capita as the US – 30 times as much as Europe. We realised it was a matter of culture and history, that there is a lesson about the nature [...]
A SELECTION OF LONDON’S START-UP HUBS February 20, 2012 TECH HUB Contact: info@techhub.com / @TechHub Locations: Old Street, London and Riga (Prague is due to open in May). Membership costs: £275 (monthly) for resident membership, or £375 (annual). Both include member-only events and up-to-date member network news (and more). Description: TechHub is “not just an office space.” Instead, “it’s a community hub for the [...]
The environment is vital for sowing start-up seeds February 20, 2012 Features Writer City A.M. IDEAS matter. H.G. Wells was onto something when he wrote: “Human history is, in essence, a history of ideas.” But they don’t happen in a vacuum – external factors to the individual entrepreneur establish what ideas and businesses are likely to arise. Interviewing Saul Singer (see article left) – author of [...]
Our pitiful pensions pots February 19, 2012 THE words “pensions” and “crisis” are used together with increasing reality – yet, through a lack of either money or foresight, the people of this country have yet to respond. Ignorance is bliss – but only up to a point. And that point will come like a bolt out of the blue for some people [...]
Changes to the lifetime pension allowance February 19, 2012 IN LESS than two months the lifetime pension allowance, i.e. the maximum value that can be accumulated within all pensions before incurring an exceptional tax charge, will fall from £1.8m to £1.5m. If the total value of all an individual’s pension schemes exceeds this amount, the surplus will incur an exceptional tax charge of 55 [...]
Splitting up may divide your pension savings February 19, 2012 THE courts have three separate powers to distribute capital on divorce, the first two, namely the ability to transfer a property from one party to another, and the ability to order one party to pay the other a specific sum of money, are familiar to most couples. The third power is the power to make [...]