FTSE 100 Live: Stocks to fall as Hormuz strikes revive security threat; Asian markets hit by tech sell-off after Apple price hike
I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
THE TIPSTER October 17, 2010 GOLD showed signs of a top last Friday when it first broke a four-day uptrend support, but it then shot higher when Ben Bernanke spoke about the economy. However, it failed to take out Thursday’s record high of $1,387 and promptly dropped $15 to $1,370. Spread Co offers a four-point spread on spot gold of [...]
SPREAD BET GURU October 17, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, what exactly are these currency wars? A. The recent currency wars are essentially a result of key governments attempting to manipulate the strength of their own currencies to suit their economic needs. The move by Japan last month to sell a reported ¥2 trillion was a prime example of [...]
FTSE weighed down by talk of more banking rights issues October 14, 2010 BRITAIN’S top share index closed lower yesterday, dragged down by banks on worries about rights issues in the sector, while mobile phone heavyweight Vodafone rose following an upgrade from Nomura. The FTSE 100 ended down 20.14 points, or 0.4 per cent, at 5,727.21, after gaining 1.5 per cent on Wednesday to its highest closing level [...]
Wall Street dips on mortgage worries October 14, 2010 BANKS led US stocks lower yesterday as investors fretted a widening foreclosure crisis could undermine the market’s strength over the last five weeks. The S&P 500 has rallied 11.9 per cent since 1 September and volume has picked up from anaemic levels. But the rally could weaken as an index of bank stocks fell nearly [...]
Be tax savvy with investing October 14, 2010 HOLDING all your money in cash when inflation is running at 3 per cent or more and interest rates are a meagre 0.5 per cent is probably not a good idea. And when the best cash ISAs are offering a rate of 2.8 per cent, the real value of your money is being eroded. So [...]
LIGHTNING OF 2009 STRIKES BACK IN 2010 October 14, 2010 MD & FOUNDER OF FINE WINE MERCHANT BORDEAUX INDEX IT SEEMS a little precipitate to mention Bordeaux 2010 when we’ve only just said farewell to the all-consuming jamboree that was Bordeaux 2009. But such is the rhythm of nature that, as the new harvest approaches completion, initial reports are starting to appear on the latest [...]
PERSONAL FINANCE NEWS October 14, 2010 THIRD OF ADULTS WITHOUT SAFETY NET Almost a third of adults have less than £249 set aside as a financial safety net and 19 per cent have no savings at all to fall back on, according to new research from HSBC. This is equivalent to just five days average take home pay while the recommended [...]
Working out her unfair advantage October 14, 2010 SHE claims she is tired after a long overdue catch-up with a friend the night before, but Julie Meyer looks glamorous and speaks sharper and faster during our interview than most people do on their best day. With this sort of energy, it is little surprise that Meyer is simultaneously an entrepreneur, investor, business adviser [...]
Payment terms that don’t pay October 14, 2010 SIR PHILIP GREEN, the government’s efficiency tsar, shocked the small business world earlier this week when he said that the government pays its suppliers too quickly. This outraged many small businesses that have been campaigning against the poor payment terms offered by big retailers in the private sector. Green argued that terms offered by the [...]
Q&A October 14, 2010 Q. Is forecasting essential to a business plan? A.While forecasting can be tricky, it is the core of your business plan. Many small businesses complain about being asked to predict the future. But as Bobby Lane of Denver Chase tells his clients: “Think about how that looks to the bank or investor, they need to [...]