Energy shares drag Wall St – New York Report January 12, 2015 US SHARES fell yesterday, led by a decline in energy stocks as oil prices tumbled about five per cent and concern grew ahead of corporate earnings season. Oil prices continued their downward march and weighed on equities. Brent was down more than five per cent to $47.43 and US crude down 4.7 per cent at [...]
Don’t believe Labour’s scare tactics: Free trade is good for British workers January 12, 2015 This week, our Prime Minister will meet with Barack Obama at the White House. Margaret Thatcher used to say fondly that she could “smell the freedom” in America. And doesn’t the country’s economy prove it? The US is still a jobs juggernaut: the largest standalone economy on Planet Earth. We owe it to our children [...]
Forget trickle-down: In a free market, the rich don’t gain at the poor’s expense January 12, 2015 A lie, repeated often, becomes the truth in the public mind. That’s why, when a Fox News commentator suggests that Birmingham is a “Muslim-only city”, we feel it important to set the record straight. Sadly, many lies and myths pervade public discussion of economics. No matter how often they are debunked, they return. Attempts to [...]
After new City salaries rose by 18 per cent in 2014, will 2015 be another good year for pay? January 12, 2015 Hakan Enver is operations director at Morgan McKinley, says Yes Salaries and bonuses have risen at a rate that we have not seen since before the start of the financial crisis, with average increases for middle and back office staff over the past year standing at 18 per cent. We predict that, over the next [...]
Under the bonnet: Key themes for emerging markets this year January 12, 2015 Dollar strength and plunging oil will have a big impact MUCH of the growth the global economy has seen since the financial crisis has emanated from emerging markets. But many analysts expect this narrative to change in 2015, with growth momentum shifting to developed markets like the US. Late last year, Fitch revised down its [...]
Eurozone QE will be the most inefficient yet – CNBC Comment January 12, 2015 THE MARKET is expecting confirmation of a QE plan from European Central Bank (ECB) president Mario Draghi very soon. Indeed, CNBC learned yesterday that the ECB will more than likely base its highly-anticipated sovereign bond buying on the size of contributions made by national central banks. But whatever form it takes, it will almost certainly [...]
Where long-term traders can have an advantage in FX – DailyFX Tips & Picks January 12, 2015 THE FX market can be viewed in limitless ways and traded in unquantifiable combinations, but there will always be the long and short-term view. The short term is often more popular, because of the volatility, excitement and the potential for more trading opportunities. But in the background, there are still those who patiently analyse things [...]
Car review: The Audi RS Q3 is turbo-charged evolution in motion January 12, 2015 Most people were mightily surprised when Audi decided to squeeze its turbocharged five-cylinder engine into its smallest SUV. They were even more shocked when they drove it and found that it was a winning formula, so Audi has kept the updates to a minimum this year. Among these are the new grey surround for the [...]
Not convinced? January 12, 2015 CHECK OUT THESE ALTERNATIVES… MERCEDES-BENZ GLA 45 AMG PRICE: £44,595 0-62MPH: 4.8 secs TOP SPEED: 155mph CO2 G/KM: 175g/km MPG COMBINED: 37.6mpg THE VERDICT: DESIGN Three Stars PERFORMANCE Four Stars PRACTICALITY Three Stars VALUE FOR MONEY Three Stars MAZDA CX-5 PRICE: £24,895 0-62MPH: 9.0 secs TOP SPEED: 124mph CO2 G/KM: 139g/km MPG COMBINED: 47.1mpg THE VERDICT: DESIGN Four Stars [...]
How to speak normally in a world of cliches January 12, 2015 Don’t talk in the way you think you should, says Elena Shalneva. Clear facts and your own voice are far more powerful. Having spent my career reading and listening to corporate presentations, I do not cease to be amused by how little genuine thought many of them contain. I am also intrigued by the [...]
