SPREAD BET GURU October 31, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, what is the market expecting from the Fed this week? A. The market is expecting the Federal Reserve to announce a second round of quantitative easing (QE2), designed to bolster the US economic recovery. Indeed, many of the recent gains in equity markets have been caused by this belief [...]
Advances from BG Group and Shell help lift the FTSE 100 October 28, 2010 BRITAIN’S top share index pushed higher yesterday, helped by a rally in heavyweight commodity issues, notably oil major Royal Dutch Shell, whose third-quarter results beat market expectations. The FTSE 100 ended up 31.87 points, or 0.6 per cent, at 5,677.89, recovering after it reached its lowest closing level since 5 October on Wednesday. Energy issues [...]
Wall Street falls as elections approach October 28, 2010 US stocks edged lower yesterday as investors took to the sidelines ahead of expected upheaval from next week’s elections and likely additional stimulus by the Federal Reserve. Next week’s events could signal shifts in both monetary policy and legislative direction, leading investors to be cautious and largely disregard yesterday’s corporate earnings and economic reports. A [...]
The kids will be alright with a Junior Isa October 28, 2010 WHEN the coalition government revealed in May that it would be scrapping Child Trust Funds (CTF) from January 2011 to save £500m a year, there was an outcry from fund managers, financial experts and think tanks alike, who argued that the CTF had instilled a savings culture in children from an early age. More than [...]
PERSONAL FINANCE NEWS October 28, 2010 THE BANK OF FRIENDS LENDS The actual banks might not be lending, but Brits have borrowed £7bn from their friends over the last year, according to research from the Post Office. Despite those figures, however, some 19 per cent claim not to remember how much they lent, while the most popular form of repayment is [...]
We’re severely short of will power October 28, 2010 BENJAMIN FRANKLIN once said that only death and taxes are certain in life. From the evidence of research published this week by unbiased.co.uk, it seems many people are choosing to ignore both. Nearly two thirds of adults in Britain – some 30m people – do not have a will prepared. As a result, they not [...]
DEFLATING A MARKET FULL OF HOT AIR October 28, 2010 MD & FOUNDER OF FINE WINE MERCHANT BORDEAUX INDEX TUCKED away for half term with the family, I was tenderly unprepared for the storm in a teacup that clattered over the internet yesterday. In shock news, it seems that Chateau Lafite-Rothschild has decided to release the nascent 2008 vintage with a very small Chinese symbol [...]
A man schooled for big business October 28, 2010 THOSE considering studying for an MBA do not need to be told that the London School of Business and Finance (LSBF) is not the same thing as the London Business School. They aren’t in the same league. But the man behind this seven year-old college has done something rather impressive. He has taken a business [...]
Unite the Entrepreneurs’ Union October 28, 2010 A UNION for entrepreneurs might sound a little strange. But founder Doug Richard explains: “The origins of workers’ rights in society arose from the imbalance in power between the individual worker and the company they worked for, now that imbalance is between the entrepreneur and the government.” Richard’s Entrepreneurs’ Union might aim to give a [...]
GOOGLE October 28, 2010 Q. How do I push my website up the Google rankings? A.Known as search engine optimisation (SEO), the art of improving a company’s presence on Google has become an industry in its own right. There are plenty of tricks you can play to push your website up the rankings. Firstly, you should check that people [...]