Buoyant integrated oil stocks power FTSE past 6,000 mark July 4, 2011 INTEGRATED oil and property stocks helped Britain’s top shares end higher yesterday, when gains were limited by weaker banks after Standard & Poor’s warned a potential Greek debt deal would amount to a default. The FTSE 100 index rose for a seventh straight day, adding 27.78 points, or 0.5 per cent, to 6,017.54, closing above [...]
Global shares up after Greek deal July 4, 2011 World stocks hit a 4-1/2 week high yesterday as investors grew confident over global economic prospects after Greece avoided an early debt default and data pointed to a moderate slowdown in China’s growth. Shanghai stocks hit a six-week high after data last week showed Chinese manufacturing growth moderated in June, raising expectations that the economy [...]
Looking at off-the-shelf CFD trading strategies July 4, 2011 STARING at a blank page, chewing on your pencil and trying to work out a trading strategy can be a daunting task. There are plenty of guide books out there to aid you, of course. But is there any merit in taking an off-the-shelf trading strategy devised by an experienced trader and using it yourself [...]
AT HALF-TIME GOLD NEEDS A PEP TALK July 4, 2011 THE first half of the year came to a close last Thursday. Events in the final few days of June helped to lift equity markets and temper earlier losses. The FTSE 100 ended the month virtually unchanged, while the Dax finished in positive territory rallying over 5 per cent from its low-point. In the US, [...]
FTSE expected to open down on profit taking July 3, 2011 WITH many US markets closed today due to the Independence Day holiday, European stocks could be presented with the ideal opportunity to cash in some of the substantial gains generated last week. GFT quotes two-way prices on stock indices around the clock, even when the underlying markets are closed. The FTSE 100 index is called [...]
WALL STREET WEEK AHEAD July 3, 2011 A PULLBACK could be on the table this week for US stocks after their best weekly performance in two years, especially if a raft of data headlined by the June jobs report doesn’t bolster the argument of a strengthening economy. Stocks rose for five straight days as the fog of the Greek debt crisis appeared [...]
Adventures tailor-made for City boy weekends July 3, 2011 IT’S the perennial Monday morning question: “What did you do over the weekend?” And in most offices: “Erm, not much,” just doesn’t cut it week after week. Especially in the City, where even the most passive of activities can be made competitive. Three men – Alastair Poulain, a former venture capitalist, Nick Newbury who worked [...]
HOW TO LAUNCH YOUR BUSINESS ACROSS EUROPE July 3, 2011 WE LIVE in an age where every business that operates in the digital space has the potential to make an instant global impact. Just look at Tweetdeck – a London startup that was snapped up by Twitter last month for $40m, just three years after launching. Many other digital businesses in the UK are looking [...]
Pro traders have a gloomy outlook for global economy July 3, 2011 LIVING, as we do, in uncertain economic times, it is helpful to take a peek at what the experts are doing. Simon Brown is the person to turn to. He is managing director of ProSpreads, a Gibraltar based spread betting provider catering only to professional traders. Because of its niche clientele, Brown is able to [...]
THE WEEK AHEAD in association with GFT July 3, 2011 COMPANIES ● Tomorrow, St Modwen Properties will release its interim results. It is not a good time to be in the housing business, but the management recently announced it expects “results for the half year and net asset value increases to be at the top end of management expectations, and ahead of consensus forecasts”. ● [...]