Tips to survive the snow this winter January 5, 2011 THE country seems to have just about recovered following the pre-Christmas snow which brought trains and airports to a standstill. But with more snow certain this winter, it’s time to ask just how prepared your own business is for the next “snow down”. Staff stuck at the airport, kids at home from school, customers unable [...]
ASK THE GURUS January 5, 2011 John Purkiss Headhunter THE first step is to re-frame your resolution. I suggest, “My resolution for 2011 is to do a job I love”. The second step is to write down on paper what your ideal job would consist of, regardless of where it might be. Then you can visualise it in detail. The third [...]
New Year boom sees FTSE lifted over the 6,000 mark January 4, 2011 BRITAIN’S top shares rose sharply yesterday, the first session of 2011, lifted back above the key 6,000 level by heavyweight oil stocks and banks, as solid economic data prompted a return of investor risk appetite. Fresnillo, the Mexican silver miner, jumped 85p to £17.53 on revived talk that billionaire Carlos Slim might be taking a [...]
US rally peters out as oil prices weigh January 4, 2011 US stocks fell yesterday as declines in oil and metals prices dragged down energy and materials shares, while concern about lower supermarket profits hit consumer stocks. The S&P materials index slid 1.6 per cent while the energy index dipped 1.1 per cent as metals and oil prices dropped after recent gains. Shares of Supervalu fell [...]
Sterling is stuck in the middle of a tug of war January 4, 2011 WITH higher rail fares, energy bills and from yesterday, VAT, 2011 is so far not looking like a very happy New Year for many British consumers. But despite the higher costs, they can at least take solace from the fact that the economy does seem to be recovering fairly remarkably. And the pound seems to [...]
Three Forex questions to ask for 2011 January 4, 2011 DIRECTOR OF CURRENCY RESEARCH, GFT THE THREAT OF EURO FRACTURE As 2011 began, Estonia became the 17th country to join the Eurozone but sceptics still insist its days are numbered. Just as in 2010, the sovereign debt issue will haunt the currency while credit markets will be the primary catalyst of the FX trade. The [...]
FX NEWS January 4, 2011 BRAZIL TO DISCUSS YUAN WITH CHINA Brazilian president Dilma Rousseff will prioritise discussions with China over its currency and trade policies, according to the country’s trade minister Fernando Pimentel. Discussions are expected to occur when the Bric countries meet in April. Pimentel also said that Brazil may consider increasing policies to stem further appreciation of [...]
THE TIPSTER January 4, 2011 THE US dollar has risen for the second consecutive day against the yen thanks to increased optimism for the US recovery – factory orders are falling at a slower pace than expected and the labour market is also starting to show a glimmer of improvement. Following the latest fall in weekly jobless claims, analysts are [...]
FOREX ANALYST PICKS January 4, 2011 FOREX STRATEGIST ILYA SPIVAK My pick: Stay short euro-US dollar Expertise: Global macro Average time frame of trades: 1 week-6 months I sold euro-US dollar at $1.3315 on 15 December expecting the euro to slump in 2011 as economic growth in the currency bloc continues to underperform that of the US. Furthermore, the debt crisis [...]
Before bonuses come firings, so watch your back January 4, 2011 STEWARTS LAW The decorations are back in the loft, the shops would be full if it wasn’t for the VAT rise. It must be January. And that also means that it is bonus season, the time when managers start to take a close look at the bonus pot and wonder how to divide it between [...]