LISTED PRODUCT NEWS November 3, 2010 FUNDS GETTING MORE COMPLICATED According to research into the US exchange traded fund (ETF) market from Morgan Stanley Smith Barney, new funds are increasing the complexity of the market. Funds replicating new or non-mainstream benchmarks are making it more important to properly differentiate between products, heightening the need for dedicated analysts. Some ETFs in the [...]
Five ways to make your boss work for you November 3, 2010 ON THE face of it, you only need to do your job well to get on. In reality, though, there’s more to it than that. Your career development is not just about your performance – it’s about your performance in the eyes of your boss. Here are five tips to manage the most important relationship [...]
FTSE lifted more than one per cent on the back of strong corporate earnings November 2, 2010 STRONG corporate earnings hoisted Britain’s top shares by more than one per cent on yesterday, led by energy stocks after BP and BG Group results and ahead of the outcome of the eagerly awaited US Federal Reserve policy meeting. At the two-day meet in Washington which started yesterday, the Fed will consider the prospect of [...]
US stocks up as elections and a Fed decision loom November 2, 2010 US stocks rose yesterday on the expectation the midterm election and a Federal Reserve decision would create a more business-friendly environment, though many traders forecast a selloff in the days ahead. The S&P 500 index has risen almost 14 per cent since September on speculation of Republican congressional gains and measures by the Federal Reserve [...]
Norwegian krone will eventually strengthen November 2, 2010 NOT even a strong fiscal position and exposure to the commodity story through being an oil exporter can discourage the bears from selling the Norwegian krone at the moment. Against the single currency, the Norwegian krone has weakened by 4.46 per cent since the start of September and 6.5 per cent since mid-May, erasing all [...]
QE2 MAY GIVE US DOLLAR A RELIEF RALLY November 2, 2010 DIRECTOR OF CURRENCY RESEARCH, GFT AS THE currency world turns its attention to today’s FOMC statement, which is expected to reveal the terms of its QE2 programme, it may be useful to ask why do US monetary officials insist on quantitative easing in the first place? After all, most economists agree that this round of [...]
Australia looks fantastic. Time to get out then November 2, 2010 IN AUSTRALIA, it is summer in more ways than one. The Fed might be gearing up the printing presses again for winter, but down under the economy is actually booming. In a move unseen anywhere else in the developed world, the Reserve Bank of Australia (RBA) decided on Monday night to increase interest rates by [...]
THE TIPSTER November 2, 2010 UK CONSTRUCTION data came in weaker than expected on Tuesday and the recent sterling-euro strength was reversed. Considering that the bulk of the GDP number was heavily dependent on construction figures, analysts fear that the next release of GDP data may come in weaker. If this is the case sterling-euro could face further weakness. Capital [...]
FOREX ANALYST PICKS November 2, 2010 FOREX STRATEGIST JOEL KRUGER My pick: Buy dollar-yen at ¥79.50 Expertise: Classic technical analysis Average time frame of trades: 1 month-12 months This market has been under intense pressure for several months, with the price dropping to fresh multi-year lows and now quickly closing in on a retest of the 1995 record lows by ¥79.75. [...]
US equities will regain their appeal November 2, 2010 MARKETS have certainly been focused on the United States in recent months in anticipation of further quantitative easing from the Federal Reserve and in the run-up to yesterday’s mid-terms. But despite their interest in events in the US, investors have not been putting money into US equities. According to data from the Investment Management Association [...]
