The emerging economies are best bet for the long term November 2, 2009 ONCE plagued by fears of debt defaults, currency devaluations and political instability, emerging markets are now an indispensable part of every reward-seeking investor’s portfolio. That, at least, was the message from Marino Valensise, chief investment officer at Baring Asset Management yesterday. He said: “While we believe that the rally in equities is set for a [...]
Week to start with a nervy sell-off after Wall St plunge November 1, 2009 UK and European indices are set to head lower this morning, in a week that is likely to be characterised by volatile trading amidst uncertainty over global economic cues. GFT is quoting the FTSE 100 index to open down 40 points from Friday’s close of 5,044. The German DAX is also called lower, down 24 [...]
ECONOMIC DIARY November 1, 2009 Monday 2 NovemberUK:October PMI Manufacturing (9.30am)Eurozone:October PMI Manufacturing (9.00am)US: October ISM Manufacturing (3pm)September construction spending (3pm) Tuesday 3 NovemberUK:October PMI Construction (9.30am)US:September factory orders (3pm)ABC consumer confidence (10pm)October total vehicle sales anddomestic vehicle sales (10pm)Federal Reserve’s Open Market Committee (FOMC) begins its meeting on interest rates Wednesday 4 NovemberUK: October Nationwide consumerconfidence (12am)October PMI [...]
Study history to successfully bet on premier league points November 1, 2009 OF all the spread bets you can have on football, the most meaningful is the average season points bet in the premier league. At first glance, this might seem like a straightforward bet. Look at the previous points totals of the winners and the relegated teams in the past few years, decide which team you [...]
The future of trading is here, and it’s mobile November 1, 2009 IT’S 8AM and I’m standing on a busy train on my way to work with my eyes glued to my phone, unable to drag my attention away from the flickering numbers and charts. The London markets have just opened and the screen has suddenly burst in to life. I had placed a few trades ahead [...]
MORE QE ON THE CARDS TO BOLSTER UK November 1, 2009 JANE FOLEYRESEARCH DIRECTOR, FOREX.COMthe release of stronger-than-expected US GDP data last week and favourable confidence numbers from the eurozone highlight the position of the UK as being one of the weakest economies in the G10. There is a strong chance that this week’s Bank of England Monetary Policy Committee (MPC) meeting will bring yet another [...]
THE TIPSTER TURBULENCE MAY BE OVER FOR RYANAIR November 1, 2009 WE are still in earnings season, which means that shares and indices are subject to plenty of daily moves. Irish airline Ryanair had a turbulent time in October with its share price tumbling from €3.50 to below €3.00 so investors will be looking for some good news when it releases second quarter numbers today. The [...]
Stocks in London rise on end of US recession and miners October 29, 2009 BETTER-than-expected economic growth from the United States and gains in banks and miners pushed Britain’s leading share index 1.1 percent higher yesterday. The FTSE 100 closed up 57.30 points at 5,137.72, reversing earlier losses, as US data signalled the country had come out of recession. The index has gained 49 per cent since hitting a [...]
WallSt boosted by strong GDPfigures October 29, 2009 US stocks logged their best one-day percentage gain in three months yesterday as investors saw data showing the US economy returned to growth in the third quarter as brightening the outlook for profits. The government’s first estimate of US gross domestic product showed the economy expanded at an annual rate of 3.5 per cent in [...]
When you are betting on the oil price, timing is all-important October 28, 2009 JUST how high can the oil price go? It broke through $80 last week, and in the past few days Barclays Capital analysts said that they think that oil has now made the transition into a higher trading band and a sustained improvement in demand should continue eating into excess inventories. The chances of oil [...]
