US markets end up as Japan fears ease March 21, 2011 BUYERS emerged in US stocks yesterday, enticed by the biggest proposed merger of the year, though crises in Japan, the Middle East and North Africa meant market volatility would continue. The bulls have held the upper hand for three days, as the S&P 500 has put together its best three-day run since early December. The [...]
Betting on the Budget March 21, 2011 IT’S Budget week, the Wimbledon of financial news, so will the Chancellor’s announcements be champagne and strawberries for CFD traders, or “new balls, please”? Unless the Chancellor of the Exchequer takes leave of his senses, the tax free status of spread betting is not going to be under threat. At the same time, the capital [...]
WE CAN’T TELL HOW BAD IT IS GOING TO GET March 21, 2011 CFD MARKET STRATEGIST, GFT The tragic consequences of the earthquake and tsunami that hit Japan over a week ago continue to reverberate, with the terrible human cost now becoming apparent. The situation has been made much worse by the uncertainty that surrounds the severity of the damage to the Fukushima nuclear facility. The initial panic [...]
Fukushima blow will not prevent nuclear future March 21, 2011 IN THE immediate aftermath of the Fukushima Daiichi nuclear power plant crisis, apocalyptic fears proliferated across the globe. Despite the panic that always accompanies nuclear incidents, the world’s growing energy needs will not disappear: nuclear is a solution that will not go away. The nuclear industry has been seriously set-back by this disaster. Uranium dropped [...]
THE TIPSTER March 21, 2011 SPECIALIST engineering group Smiths is expected to deliver solid interim results on Wednesday, on the back of ongoing cost-saving efforts. After hitting all-time highs around 1,440p early in 2011, the shares slipped back to around 1,250p. With Smiths seen as a target for break-up bidders, look for dips back around 1,250-1,300p to buy some CFDs. [...]
Nuclear risk threatens supply chain March 20, 2011 With nuclear uncertainty hanging over Japan, supply chains reliant upon technological components made there have been severely disrupted. Japanese exporters have suffered, while companies reliant upon the country are weighing up their exposure and searching out alternative suppliers. These are uncertain times for technology companies across the world. Sony, Hitachi, Fujitsu, and many other Japanese [...]
THE WEEK AHEAD March 20, 2011 COMPANY NEWS ● Campari will be hoping for a good mix of results on Monday. ● On Tuesday, Cairen Energy will announce. The oil and gas exploration and production company will be hoping to strike great results from the rising energy prices. ● The fashion group Inditex will announce on Thursday. ● On Thursday, Resolution, [...]
THE TIPSTER March 20, 2011 WITH world soft commodity prices rising, there is one that has been difficult to get exposure to – rice. Origo, a private equity investor in China, has acquired approximately a 25 per cent stake in China Rice. This firm, a processing and distribution group, plans to create a nationwide brand associated with good margins. Exposure [...]
It pays to know HMRC’s stance on trading gains March 20, 2011 ONE of the biggest draws of spread betting over traditional share dealing is the former’s tax status. Although the Treasury is currently searching under each and every rock and stone in the search for revenue, it is highly unlikely that spread betting will lose this position. Spread betting is tax free for the consumer in [...]
VOLATILITY IN OIL REQUIRES A STRATEGY March 20, 2011 HEAD OF INTERTRADER.COM THE latest turmoil in the Middle East has sparked a rally in oil prices, introducing daily changes and overall volatility we haven’t seen since 2008. It’s only in the last few years that oil trading became readily available to retail traders, allowing us to benefit from changes in price, if we get [...]