Wall St boosted by upbeat retail giants August 18, 2009 US stocks rose yesterday, rebounding after sharp losses in the previous session, as better-than-expected results from big retailers encouraged investors to get back into the market. Results at consumer giants Home Depot, Target and department store operator Saks were helped by cost-cutting as revenue growth remained slack. The trend has dominated earnings season, but investors [...]
Take a punt on the weather with grains and orange juice August 17, 2009 THE summer months might be a quiet time for most traders, but not all. For those who make their money watching the prices of assets such as wheat, corn and orange juice, this is when the market is at its peak. In many cases, the outlook for the harvest is becoming clearer, and industry analysts [...]
Take a punt on the weather with grains and orange juice August 17, 2009 THE summer months might be a quiet time for most traders, but not all. For those who make their money watching the prices of assets such as wheat, corn and orange juice, this is when the market is at its peak. In many cases, the outlook for the harvest is becoming clearer, and industry analysts [...]
OUTLOOK FOR STERLING IS UNCERTAIN August 17, 2009 MARK OUTTENSENIOR DEALER, GFT THIS summer has promised many great comebacks. Tom Watson only narrowly failed to secure a sixth Open title at the age of 59, Lance Armstrong’s attempt at an implausible eighth Tour de France victory disappeared in the mountains and Michael Schumacher’s eagerly anticipated return to Formula One was thwarted. So what [...]
OUTLOOK FOR STERLING IS UNCERTAIN August 17, 2009 MARK OUTTENSENIOR DEALER, GFT THIS summer has promised many great comebacks. Tom Watson only narrowly failed to secure a sixth Open title at the age of 59, Lance Armstrong’s attempt at an implausible eighth Tour de France victory disappeared in the mountains and Michael Schumacher’s eagerly anticipated return to Formula One was thwarted. So what [...]
TRADING TIP HURRICANE HEDGES August 17, 2009 One of the biggest hazards to farmers in the United States is hurricanes. Because the early autumn is historically the the season for the worst ones., they and can be devastating for both farmers – and for those holding trading positions in the crops. The lack of adequate insurance against such extreme weather events led [...]
TRADING TIP HURRICANE HEDGES August 17, 2009 One of the biggest hazards to farmers in the United States is hurricanes. Because the early autumn is historically the the season for the worst ones., they and can be devastating for both farmers – and for those holding trading positions in the crops. The lack of adequate insurance against such extreme weather events led [...]
Fears over pace of economic recovery see FTSE stumble August 17, 2009 THE FTSE 100 fell 1.5 per cent by the close yesterday with mining, oil and banking stocks leading the losers, as global markets retracted amid concerns over the pace of global recovery. The index closed 68.96 points lower at 4,645.01, extending losses from Friday when it shed 0.9 per cent and marking its biggest one [...]
Poor Japanese data hits US stocks August 17, 2009 US stocks suffered their worst loss in seven weeks yesterday as weak data from Japan and a disappointing outlook from retailer Lowe’s dampened hopes about the economy’s growth. Japan’s gross domestic product showed its economy pulled out of recession in the second quarter, but at a slower pace than expected, prompting a sell-off in major [...]
Bears forecast another slump in the market August 16, 2009 FOR the past two months, the bulls have been back in force, pushing the markets higher than anybody had thought possible. But last week, some of the City’s biggest bears struck back, predicting a second slump in global equities between now and the end of the year. While many analysts have thought that the most [...]