DOLLAR BULLS WAKE UP TO US REALITY May 26, 2009 AT the start of the year, I wrote that the biggest nightmare facing dollar longs would be the prospect of a failed US Treasury auction creating massive capital outflows from dollar-denominated assets. For a while those worries appeared misplaced as the greenback rallied on the safe haven bid. Now the full force of those fears [...]
Apple jumps as Dow Jones rallies May 26, 2009 US stocks climbed more than 2 per cent yesterday as data showing the biggest monthly jump in consumer confidence in six years lifted hopes of an economic rebound, and a brokerage upgrade of Apple drove sharp gains on the Nasdaq. Apple’s shares closed nearly 7 per cent higher after Morgan Stanley said the iPhone will [...]
VEXED IN THE CITY SOLVING YOUR RECESSION PROBLEMS May 26, 2009 DEAR VEXED: The expenses scandal has got me a little ruffled. Not just because of how MPs have been using taxpayers’ money. Mainly, actually, because I’ve been taking a few liberties with my own expenses – money’s tight and all. Now I’m scared of getting called on it and losing my job, to say the [...]
US consumer confidence boosts late London trading May 26, 2009 BETTER than expected consumer confidence data out of the US gave the FTSE 100 a much-needed boost yesterday afternoon, after Asia’s sell-off – driven by concerns of heightening geopolictical tension on the Korean peninsula – infected the London markets in early trading. “Following the release of the US consumer confidence data there was an immediate [...]
Windies win is a warning, says Strauss May 26, 2009 CAPTAIN Andrew Strauss believes his England side are an “outside bet” to win the World Twenty20 next month after completing their one-day demolition of West Indies at Edgbaston. Wicketkeeper Matt Prior top scored with a career-best 87 as England racked up 328-7 – their sixth highest ODI total – to set up a 58-run victory [...]
Peep toes and sky high heels make the perfect summer shoe May 26, 2009 WHEN the mercury rises you need to keep your feet cool and summery without forfeiting the professional look. This is hardly an onerous task, thanks to the wealth of Spring/Summer shoes that are both stylish and office-appropriate – simply cut, low on straps and made from good quality leather. Our favourite hot-weather shoes for the [...]
Brit Murray ‘good enough to challenge Nadal and Federer’ May 26, 2009 BRITISH No1 Andy Murray is heading all the way to the top, according to the man standing in his way today at the French Open. Italy’s Potito Starace, who faces Murray in round two, believes the world No3 has the potential to surpass the two men ranked higher than him: Spanish powerhouse Rafael Nadal and [...]
IT’S ALL IN THE TOES May 26, 2009 SHOES haven’t been this exciting since the glitter platforms of the Seventies. Ranging from gladiators to skyscrapers to espadrilles, there’s just about every fabulous colour, heel and fabric imaginable to indulge even the wildest Imelda-esque shoe tastes. Women have always loved buying footwear, probably because your shoe size tends to stay the same whatever your [...]
Brilliant Button set to land new deal May 26, 2009 JENSON BUTTON is to be rewarded for his storming start to the Formula One season with the offer of a new contract. The British ace swept to his fifth win in six races in Sunday’s Monaco Grand Prix and now leads the overall standings by 16 points. Button is only serving a cut-price one-year contract [...]
‘Let’s get physcial’, says Gatland May 26, 2009 RUGBY UNION: British and Irish Lions forwards coach Warren Gatland has warned his side they face a punishing physical battle when they lock horns with world champions South Africa this summer. The Lions begin their 10-match tour with a match against Royal XV on Saturday and Gatland, who led Wales to Grand Slam success in [...]