Get ready for the fallout of euro breakup November 23, 2011 EVEN a matter of weeks ago, trying to get institutions to talk about back tested strategies for Eurozone breakup was like trying to get blood out of a stone. But now we have started to see this change. First came a report from Nomura, looking at the practical fall out of a collapse of the [...]
Five secret skills all chief executives need in order to flourish November 23, 2011 Distractions can trap many people leading companies – to execute successfully, diversions need to be eliminated OVER the past 35 years I have advised many chief executives and have identified many factors that make the extraordinary chief executives stand apart from the ordinary. However, there are five key secrets which are vital for chief executives [...]
FTSE slumps to seven-week low on further euro unease November 22, 2011 BRITAIN’S top shares index hit a seven-week closing low yesterday, led lower by energy stocks on worries slower US growth would crimp demand for crude while Commerzbank’s funding concerns hit Royal Bank of Scotland and Lloyds Banking Group. The US economy grew more slowly than previously expected in the third quarter, and the news hurt [...]
US slide continues for a fifth session November 22, 2011 US stocks fell for a fifth day in a row yesterday, having lost more than five per cent over that period as borrowing costs in Spain hit another record high. The market remains anchored by concerns about the worsening debt crisis in Europe where rising yields suggest the outlook continues to deteriorate and stocks have [...]
Political ineptitude is driving euro-dollar November 22, 2011 THE string of announcements yesterday provided a snapshot of the failings of politicians and committees on either side of the Atlantic to come up with any form of solution to their respective debt woes. We saw some short-term euro-dollar moves off the news that the IMF had approved changes to credit line structures designed to [...]
EUROBONDS COULD BE THE SOLUTION November 22, 2011 AS TURMOIL in the European credit markets continues to weigh on the euro, some analysts are pressing for the European Central Bank (ECB) to engage in Swiss National Bank (SNB) like intervention. But even the most accommodative monetary policy in the world will not produce a long-term solution for Europe. If the euro is to [...]
THE TIPSTER November 22, 2011 THE fragile state of the UK economy has seen the pound fall against a number of currencies in the past week and with the Bank of England’s Monetary Policy Committee meeting notes likely to point to further quantitative easing, more pressure could be put on sterling. The fall against the euro has been stemmed somewhat [...]
FOREX ANALYST PICKS November 22, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Short dollar-Swissie, long dollar-yen, short Kiwi dollar-dollar Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week We have finally seen a strong break against risk; and it has worked well for last week’s short sterling-dollar setup and euro-yen (below ¥105) as well. [...]
Connecting with employees and the public through the Olympics’ power November 22, 2011 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 247 DAYS TO GO EDF’s Gareth Wynn explains the group’s commitment to the London 2012 games from the very start Q.What was your brand’s primary reason for being involved with the Games? A.EDF Energy was actually the first commercial sponsor of the bid, even predating Seb Coe, when [...]
FTSE slides to a six-week low over Eurozone debt worries November 21, 2011 BRITAIN’S FTSE 100 slid to its lowest close in six weeks, with worries mounting over the health of the global economy as the US and Europe wrestled with their respective debt problems. London’s blue chip index fell 140.34 points, or 2.6 per cent to 5,222.60 yesterday, its sixth straight day of losses and adding to [...]