DOLLAR-YEN PAIR BENEFITS FROM US RECOVERY THEME AS OIL CASTS ITS SHADOW February 27, 2012 DESPITE the generally positive tone of recent global economic data, analysts remain concerned about the prospect of sustained growth in 2012. At the moment, their chief source of worry is the surging price of oil. In the US, West Texas Intermediate has risen to nearly $110 a barrel, while in Europe the price of Brent [...]
Tech giants provide data boosts for all February 27, 2012 THE last week has seen two important developments for those seeking market data, albeit on opposite ends of the spectrum. Yesterday saw the launch of Bloomberg Next. Bloomberg is constantly tuning and tweaking its terminals, but it decided that the latest changes were large enough to warrant a launch event. “The complexity and interconnectedness of [...]
THE TIPSTER February 27, 2012 IT seems National Express is not the most popular company around at the moment, as it takes advantage of increased passenger numbers due to the high cost of fuel, by jacking up its fares. Traders were shorting it ahead of itsresults on Wednesday, even though it is expected to show a 13 per cent rise [...]
Importance of sticking to the plan February 27, 2012 SITTING down and making a trading plan is fairly straightforward – what is your overall objective, where are you going to place your stops, how much of your capital are you going to have in each trade and in open positions at any one time and so on. But making the plan is the easy [...]
Analyst picks for 28 February 2012 February 27, 2012 FOREX STRATEGIST JOEL KRUGER My pick: Buy dollar-Canadian dollar above Ca$1.0035 Expertise: Technical analysis Average time frame of trades: 1 day to 1 week Our constructive outlook remains intact, with the market still consolidating around parity ahead of what we believe will be an eventual retest of key October highs by Ca$1.0660. Look for interday [...]
Which asset is the true safe haven? GOLD OR SHARES February 26, 2012 TOM WINNIFRITH WE ARE entering an inflationary environment. This is the 1970s all over again. Across the globe governments are relaxing monetary policy. In China and India this is an attempt to keep their economies growing rapidly. In the West it is a desperate attempt to breathe life into economies which face structural issues no-one [...]
It’s not gold but silver that earns first place February 26, 2012 SINCE the 2008 global recession, an increasing number of investors have moved away from the more traditional equities markets and have begun to consider commodities as a promising substitute. More recently, with the Eurozone crisis and various rounds of quantitative easing, interest in alternative investment options has spiked once again. In fact, from 2010 to [...]
THE WEEK AHEAD February 26, 2012 Today A diverse group of FTSE 100 reporters will kick off a busy week in the corporate calendar this morning, with banking giant HSBC likely to be top of many investors’ watch list. Analysts are expecting the bank’s geographical diversity to offset any potential weakness in it investment banking division, with profits expected to hit [...]
THE WALL STREET WEEK AHEAD February 26, 2012 A RALLY on Wall Street will be put to the test this week, with the S&P 500 at its highest level since before the collapse of Lehman Brothers in 2008. The broad index is up 8.6 per cent for the year, closing at 1,365 on Friday. The S&P 500’s close was the highest since June [...]
Turning obstacles into business opportunities February 26, 2012 A STAGNATING economy can offer smaller businesses the room to expand – Rajesh Agrawal, founder of RationalFX, certainly believes that the recession granted his money transfers and online foreign currency payment business an opportunity. But Agrawal has been thriving for some time despite leaving his small home town at 22 to live on only 5,000 [...]
