Traders braced for busy week with new data out October 3, 2010 THIS morning GFT expects a positive start for the major European indices. Our call is for the FTSE 100 index to open 10 points higher at 5,602, with similar gains for the German DAX 40, up 15 points to 6,226 and the French CAC 40, up 14 points to 3,706. Looking ahead to the rest [...]
WALL STREET WEEK AHEAD October 3, 2010 AS September’s surge fades into a fond memory, the question for the US stock market is: Now what? The market shook off the summer doldrums last month, breaking out of a stubborn trading range and giving investors the second-best September on record with a gain of 8.8 per cent on the S&P 500. It also [...]
Clearing away spread betting misconceptions October 3, 2010 SPREAD BETTING has become much more mainstream over the past decade but there still exist plenty of myths and misconceptions about how providers actually operate, leaving traders liable to be confused and frustrated. Here we clear away the some of the confusion surrounding the industry. It is certainly not the case that the whole system [...]
THE TIPSTER October 3, 2010 SUPERMARKET J Sainsbury had a bumper summer with the share price plotting a course towards the 400p mark. The trading statement, due mid-week, has potential to bring buyers back in. For as long as talk of a double dip recession is kept at bay retailers may be in for a good Christmas. But be warned, [...]
ETX joins the iTrade party with new app October 3, 2010 SPREAD betting and contracts for difference (CFD) provider ETX Capital this week joined its peers in bringing out a customised iPhone app to let traders alter their positions on the go. ETX now joins IG Markets, City Index and GFT as one of many brokers with an iPhone-specific trading platform. And, judging by the others’ [...]
SPREAD BET GURU October 3, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, I am starting to trade more on my mobile. What should I be careful of? A. First and foremost, I think mobile dealing is fantastic. It allows you to keep abreast of the markets wherever you are, whenever you want. With many markets available to trade 24 hours a [...]
How to live the Polynesian dream October 3, 2010 IT’S a hot and humid afternoon in Nadi on the Fijian mainland as we squash into the rather intimate 14-seater plane that is to deliver us to Taveuni in the north-east of the archipelago. Known as Fiji’s Garden Island for its pristine tropical rainforests and ridiculously beautiful beaches, Taveuni is to be the starting point [...]
TRAVEL NOTES October 3, 2010 Picardie at Four Seasons Terre Blanche It’s all go at the Four Seasons Provence this October. On 16-17 Justine Picardie, author of Coco Chanel: The Legend and the Life, will be in situ to give two talks about the secret life of Gabrielle Chanel. Superfacialist Vaishaly will also be at the resort. Pamper your mind and [...]
Europe scent victory after phenomenal fightback October 3, 2010 EUROPE will take a commanding 9 ½-6 ½ lead into today’s historic final session after turning this Ryder Cup on its head with an irrepressible charge yesterday at Celtic Manor. Trailing the United States 6-4 overnight, Colin Montgomerie’s men signalled their determination to reclaim the trophy by winning all but one of the six matches [...]
Pavin defiant as Montgomerie goes for jugular October 3, 2010 UNITED STATES captain Corey Pavin insists his team will fight tooth and nail to retain the Ryder Cup when the decisive singles session gets underway today. The holders are up against it, needing 7 ½ points from the 12 on offer to hang onto the trophy they claimed at Valhalla two years ago. And Europe [...]
