Making sure the shuttlecocks all fly on time in the London Games April 3, 2012 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 114 DAYS TO GO Q What was your brand’s primary reason for being involved with the Games? A It started with a belief that bringing the Games to London and hosting it in London was going to be a very good thing for the UK. We backed the [...]
The outlook for China and its dependants April 3, 2012 BRENDA KELLY CMC MARKETS There are a lot of unknowns and contradictions when it comes to China. The state of its banking sector will be the decisive factor in whether a hard or soft landing is accomplished. While the institutions themselves are reporting high profits and a large deposit base; the levels of debt, the [...]
Watching the skies for signs of another Swiss franc intervention April 3, 2012 EVER since the Swiss National Bank (SNB) steamrollered the FX market in September last year, traders have been nervously watching for signs that it is preparing another move. But just how likely is this? As European financial woes rumbled on, investors took flight into the safety of the Swiss franc, rapidly strengthening it against the [...]
THE TIPSTER Aussie dollar takes a hit April 3, 2012 The Aussie dollar has struggled to make headway against the dollar recently. The currency has been hurt by concerns of a slowdown in the Chinese economy, although the latest Chinese manufacturing data gave the Australian dollar a lift on Monday. The Reserve Bank of Australia kept its cash rate unchanged at 4.25 per cent yesterday, [...]
FTSE posts big rise as US and China manufacturing data ease concerns April 2, 2012 BRITAIN’S top share index posted its biggest daily rise in two months yesterday, up nearly two per cent as manufacturing data from the world’s biggest economies eased concerns over sluggish growth, offsetting uncertainty in Europe. Rising shares of mining companies also helped. London’s blue chip index climbed 106.44 points, or 1.9 per cent to 5,874.89. [...]
S&P starts the quarter on a four-year high April 2, 2012 US stocks started the second quarter with a bang yesterday, with the S&P 500 climbing to a fresh four-year high as manufacturing data from the United States and China helped support the outlook for economic growth. A string of mixed indicators in recent days slowed the stock market’s advance, as investors took the figures as [...]
The early bird catches the right information April 2, 2012 WHEN the social media site Twitter started making headlines, the cynics came out in force to lambaste it. Most jibes were based on the myth that people were only tweeting and following the mundane – they were then ignorant of the fact that some of the world’s great thinkers were using the site. Most of [...]
US DATA KEY TO CONTEST AMONG BULLS AND BEARS April 2, 2012 FX 360 ONE of the more astounding aspects about the recent price action in the currency market is the absolute lack of direction in euro-dollar. Over the past week the pair has traded in a miniscule 150 point range – its narrowest swing in more than four years. With the Greek saga now behind us [...]
TOP TRADING TWITTERATI SPEAKING AT ACTIVE TRADER 2012 April 2, 2012 @DAVIDJONES_IG DAVID JONES Chief market strategist, IG Index. Author of Spread Betting the Forex Markets. 4,597 Tweets, 1,222 Following, 4,734 Followers @ALAIDI ASHRAF LAIDI Chief global strategist at City Index / FX Solutions, founder of www.AshrafLaidi.com. 28,122 Tweets, 94 Following, 21,716 Followers @JAMIESAETTELE JAMIE SAETTELE Jamie is the technical strategist at DailyFX and author of [...]
Top six trading mistakes April 2, 2012 1 NOT MAKING A PLAN Treating your trading platform like a computer game and attempting to trade on the fly is perhaps the most fun way of approaching the markets, and certainly avoids the drudgery of fundamental and technical analysis, but it is probably also the fastest and most efficient way of zeroing your account [...]
