THE TIPSTER November 13, 2011 THE retreat of gold from the $1,800 highs last week found good support from the former resistance level around $1,750. It finished last week on a strong footing, back above the key $1,772 Fibonacci level. $1,800 proved strong resistance though, so look to either sell short as it approaches it again, or buy above $1,805 [...]
How to pick which spread will be better November 13, 2011 WITH the news that Alpari, the global foreign exchange broker, is extending its offerings to spread betting – joining a host of other providers in a very competitive market – it’s worth considering what traders should be demanding from their providers. Start by looking at aspects of the spreads on offer as well the provider’s [...]
FTSE falls as fears for Eurozone grow November 10, 2011 THE UK’s top share index closed lower yesterday after moves to bring stability to the governments of Greece and Italy failed to soothe concerns over Eurozone debt contagion. Riskier assets such as commodity and banking stocks led the fallers, as the FTSE 100 shed 15.56 points, or 0.3 per cent, to 5,444.82. Volumes were weak [...]
Wall St rebounds as Italy offset by corporate news November 10, 2011 US stocks bounced back yesterday from the previous session’s steep losses as investors latched onto positive corporate and economic news, in the absence of a clear worsening in Europe’s debt crisis. However, trading was volatile and volumes were thin as turmoil in Europe’s bond markets kept fears alive that the crisis could engulf Italy. A [...]
FTSE falls as Italy debt yields spook investors November 9, 2011 BRITAIN’S top shares sank to their lowest close for a week yesterday on spiralling concerns over Italy’s debt as the country’s bond yields raced to dangerous levels. Italy was thrown into the spotlight as its 10-year bond yields shot above seven per cent, levels that forced bailouts in Ireland, Portugal and Greece, and as investors [...]
Wall St down on Euro fears November 9, 2011 US STOCKS tumbled three per cent yesterday in the market’s worst day since mid-August as a spike in Italian bond yields signalled the European debt crisis had worsened. All 10 S&P sectors were down, but S&P financials were the hardest hit on worries about European exposure, dropping 5.4 per cent. US stock markets have grown [...]
Making sure you have got your family covered November 9, 2011 ONE child in 20 has a parent die before they finish full-time education, says Money Saving Expert. That’s a pretty frightening statistic, but it’s even more frightening when you then find out that more than half of the population doesn’t have life insurance. So why are so many people choosing not to take out life [...]
Modelling a return to the old currencies November 9, 2011 THOUGH the debates and political squabbling will continue to rage on in the gilded offices of politicians and central bankers, we have reached the point where many will be looking at the practical side of a return of one or more of the old European currencies. But which will be the first to fall? The [...]
Window shop your way to career success November 9, 2011 MORGAN McKinley reported a nine per cent rise in the number of people seeking new employment opportunities in financial services last week. But with tales of redundancies covering the financial pages, ensuring you hear about the best opportunities first is ever more important. Indeed, recruiter Astbury Marsden, who also had a report out last week, [...]
Learning the language of leadership November 9, 2011 THE LANGUAGE OF LEADERS: CEOS ON COMMUNICATING TO INSPIRE, INFLUENCE AND ACHIEVE RESULTS BY KEVIN MURRAY Kogan Page I’VE been working in business communications for almost 40 years,” says Kevin Murray, the chairman of the Bell Pottinger Group. “I’ve worked with a lot of organisations and a lot of leaders. None were stupid, but some [...]