Commodity prices are not all that they seem November 22, 2010 THERE’S a tiny corner of pessimism in the commodity investment world. Amid a multitude of bulls, a few bears are pointing at what they think might be the unnoticed elephant in the room: large institutional investors. With the possibility of that demand reversing, should contracts for difference (CFD) traders perhaps be a little worried? Certainly [...]
THE VIX INDEX HINTS AT NOT ENOUGH FEAR November 22, 2010 CFD MARKET STRATEGIST, GFT VOLATILITY on the S&P 500 (as measured by the CBOE Volatility Index) has fallen by over 30 per cent since the end of August, even as equities and other financial instruments have ground higher. That was when Ben Bernanke signalled the likelihood of additional stimulus at Jackson Hole. By purchasing US [...]
THE TIPSTER November 22, 2010 TRADERS on Wall Street will have one eye on the forthcoming Thanksgiving holiday weekend because we’ve already seen a degree of risk mitigation in recent days. However with so much uncertainty right now it seems unlikely that the buyers will come back with any real conviction. No one wants to get caught on the wrong [...]
CONTRACTS FOR DIFFERENCE NEWS November 22, 2010 FOREX.COM BRINGS IPHONE APP TO THE UK Online trading provider GAIN?Capital’s FOREX.com has brought its American iPhone application to the UK, Japan and Russia. The application is built for the v2.0 version of the iPhone and will include all the features of the American mobile platform such as line and candlestick charting facilities, 40 currency [...]
The ex-investment banker who is shaking up the retail trading world November 22, 2010 ROBIN OSMOND does not come across as somebody intent on disrupting the status quo. But this is exactly what the softly spoken and quietly animated LMAX chief executive has in his sights with the launch of the firm’s new retail trading venue. The exchange, which currently offers contracts for difference (CFD) and rolling spot FX, [...]
Bank shares drop amid insider trading probes November 22, 2010 BANK shares weighed on stocks yesterday as Europe’s smouldering debt crisis and fears of an insider trading probe in the United States sapped buying interest for most of the session. The Nasdaq fared better than the Dow and the S&P 500 after upgrades to chipmaker SanDisk and chip-gear makers Amkor Technology and Teradyne. Risk aversion [...]
FTSE hits a three-week low as fears of debt contagion in Eurozone take hold November 22, 2010 BBRITAIN’S top share index closed lower yesterday, hurt by banks and commodity stocks as initial upbeat sentiment over Ireland’s bailout subsided, giving way to fears over potential problems in other Eurozone countries. The FTSE 100 closed down 52 points, or 0.9 per cent, at 5,680.83, its lowest since October 29, retreating from 5,783.14 earlier in [...]
Sovereign debt worries a drag on stock markets November 21, 2010 Last week, China’s efforts to slow rising inflation and the ongoing concerns about European sovereign debt, both placed a drag on stock markets around the world. However a late rally in the US on Friday should translate into a positive open for European stocks this morning. GFT expects the FTSE 100 index to start 20 [...]
THE WALL STREET WEEK AHEAD November 21, 2010 Expectations about Black Friday, when Americans traditionally get serious about holiday shopping, could sway stocks this week if it looks like the economy will get a pop from consumer spending. The outcome of talks to shape a bailout for Ireland could also move stocks, analysts said, but they cautioned that other highly indebted Eurozone countries [...]
How to defuse a time bomb: China worries about liquidity November 21, 2010 IF ANYONE had needed more proof of the extent of global economic imbalance, then last week’s inflation figures ought to have been enough. Despite unprecedented monetary ease, America’s inflation rate is running at 0.6 per cent, the lowest level in 53 years. In China, however, money is abundant and inflation is running at 4.4 per [...]