Independent Commission on Banking report will hit FTSE September 11, 2011 AT 7am this morning the Independent Commission on Banking report on reform will be published. It’s widely expected that the main thrust of the report will be to recommend that retail banking is separated – ringfenced – from the investment banking side. That’s a potentially monumental impact on the likes of RBS, Lloyds and Barclays. [...]
Plot trading channels to navigate twists and turns September 11, 2011 CHANNEL trading is a stalwart technique for spread betters – a leading light to help traders set the right course in volatile markets. FOLLOW THE TREND David Jones of IG Index explains that “channel trading is just an extension of trading with the trend.” Jones thinks it is “a sensible way to approach a market.” [...]
THE WEEK AHEAD September 11, 2011 COMPANY NEWS ● Today, Pan African Resources announces. The Aim-listed company is producing 100,000 ounces of gold per year and will be hoping for glittering results. ● Tomorrow, Abcam and Ashmore both announce. Abcam is a biotechnology company based in Cambridge’s Science Park, which sells research antibodies. ● On Wednesday, Barratt Developments and Galliford Try [...]
THE TIPSTER September 11, 2011 LAST week’s intervention by the Swiss National Bank and some affirmative action to try to stimulate the economy by President Obama suggest that we’ll see more of this Keynesian approach to policy in the months ahead. The bottom line is if it’s translating into cheap money then expect equity markets to find cheer off the [...]
Massow’s back and helping you to save September 11, 2011 FAMED for founding the first company to provide mortgages and life insurance for people in HIV high-risk groups, Ivan Massow’s name used to be all over the papers in the 1990s. He sat on the sofa with Richard and Judy, on a panel on BBC’s Question Time, he was even flatmates with the now education [...]
How to read the news before it happens September 11, 2011 FOUNDING PARTNER, EGO VENTURES AT THE turn of the last century, the New York bootlegger Irving Wexler seemingly achieved the impossible. He predicted the winner of every race he wagered on, reaping handsome rewards for his efforts and confounding peers and bookies in the process. In an industry where everyone searches for an edge, Wexler [...]
Oil and gas companies lead a volatile FTSE to further gains September 8, 2011 BRITAIN’S leading shares ended higher after a volatile session yesterday, as investors emerged for beaten-down growth stocks to put a floor under the market. By the close the FTSE 100 was up 0.4 per cent at 5,340.38 points, taking a rally into a third straight day after an intraday trading range of 100 points, or [...]
Wall St slumps on Fed speech September 8, 2011 US stocks closed sharply lower yesterday after Federal Reserve chairman Ben Bernanke gave no indications of new stimulus measures to boost the flagging economy in a keenly awaited speech. Investors have been looking to Bernanke, who gave his outlook on the US economy yesterday, and other policymakers to address a host of concerns from slowing [...]
Investors looking for bargains among battered stocks power the FTSE rally September 7, 2011 Britain’s top share index notched up solid gains yesterday, led by banks and commodities, as investors sought out bargains among battered stocks, but analysts, eckoned the rally was unsustainable. The FTSE 100 ended 161.75 points, or 3.1 per cent, higher at 5,318.59, building on Tuesday’s 1.1 per cent advance. It had shed nearly six per [...]
Wall St rises as EU debt worries ease September 7, 2011 Wall Street bounced more than two per cent on Wednesday, reversing three days of losses after Germany’s top court smoothed the way for Berlin’s participation in bailouts that could ease Europe’s debt crisis. But investor caution that there remains a long road to recovery was underscored by light trading and continued high volatility as shown [...]