Optimists start to look towards cyclical equities June 7, 2009 SPREAD betting on individual equities or sectors is a tricky task, especially at the moment when the timing of an economic recovery is still not entirely certain. Overall sentiment is picking up but companies are still downbeat about their future prospects – so how can spread betters try to make sense of the equity markets [...]
UK FUTURE IS NOT AS BLEAK AS ELSEWHERE June 7, 2009 JANE FOLEYRESEARCH DIRECTOR, FOREX.COMNOW that the panic that followed the collapse of Lehman last September has subsided, the demands on policymakers have altered. What was needed at the height of the financial crisis was a quick and heavy-handed response to prevent the world economy sliding into depression. Now that economic data is suggesting that the [...]
Gain an insight into the FX markets over breakfast June 7, 2009 FOREIGN exchange trading is growing in popularity, particularly among the private investing community, who are taking advantage of the liquidity of the asset class. To give an exclusive insight into the currency markets, City A.M. and foreign exchange provider Alpari (UK) have joined forces to put on two free forex breakfast seminars, focusing on the [...]
Picking the right provider is vital for spread betters June 7, 2009 WITH volatility sitting comfortably at just below the 30 level on the Vix – a far cry from the high eighties reached post-Lehman – and the FTSE 100 range bound since early May, spread betters can no longer rely on massive swings in shares prices for their profits. This means it is increasingly important to [...]
THE TIPSTER June 7, 2009 THE political chaos that is Westminster is dominating the headlines at the moment: Gordon Brown is clinging to the premiership by a thread while cabinet ministers jump ship and call for his resignation. Whether he’ll go sooner or later, it’s worth taking a punt on how many seats the main parties are likely to win [...]
Large cap index flat as lack of direction stalls progress June 4, 2009 Gains in energy stocks, pharmaceuticals and banks outweighed losses in miners yesterday, leaving the FTSE 100 0.1 per cent, or 3.52 points, higher at 4,386.94. “The market’s evenly balanced. It’s discounting good news so although it may go higher over the next few weeks, it is slightly overvalued,” said Graham Secker, equity strategist at Morgan [...]
Dow rallies as oil keeps on climbing June 4, 2009 US MARKETS booked gains yesterday as the financial sector rebounded and energy and materials stocks became the subject of renewed buying activity. Oil prices were a major contributor, with crude futures closing up $2.69 at $68.81 per barrel – a seven-month closing high helped by Goldman Sach’s decision to boost its target price for the [...]
US hit by fears that worst is not over June 3, 2009 US stocks tumbled yesterday, halting a four-day winning streak, as falling oil prices hit energy shares, while less upbeat economic reports rekindled worries about recovery prospects. Oil prices slipped more than 3 per cent after a surprise build-up in inventories. Shares of energy companies, including Chevron off 1.6 per cent, were top drags, along with [...]
US hit by fears that worst is not over June 3, 2009 US stocks tumbled yesterday, halting a four-day winning streak, as falling oil prices hit energy shares, while less upbeat economic reports rekindled worries about recovery prospects. Oil prices slipped more than 3 per cent after a surprise build-up in inventories. Shares of energy companies, including Chevron off 1.6 per cent, were top drags, along with [...]
Getting ahead in a recession: five tips to sharpen up your job-hunt June 3, 2009 JOB hunting is a painful process at the best of times, and even more so during a recession. We spoke to Michael Moran, chief executive of career development company Fairplace, for tips on how to get to the next step on the career ladder. 1. UNDERSTAND THE SKILLS YOU HAVEIn order to sell yourself to [...]