New York Report: First quarter gains for S&P and Nasdaq March 31, 2014 US STOCKS rose yesterday, with the S&P 500 ending both March and the first quarter of 2014 with moderate gains, after Federal Reserve chair Janet Yellen relieved concerns about a rate hike coming earlier than expected. This was the fifth straight quarterly rise for both the S&P 500 and the Nasdaq, though it was the [...]
CNBC Comment: Why ECB currency concerns won’t last March 31, 2014 IT MAY be 1 April, but there’ll be no joking at the European Central Bank (ECB). It meets again this week, and the pressure is on. The latest inflation print showed an annual rate of just 0.5 per cent in March, below forecasts and the lowest rate since 2009. Almost instantaneously, the head of the [...]
DailyFX Tips & Picks: Analyst’s pick March 31, 2014 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Short euro-Aussie, short euro-dollar Expertise: Fundamental and technical analysis with risk management Average time frame of trades: A few hours to a few weeks The euro has rallied, despite the worst Eurozone inflation report since late 2009, which showed that disinflation accelerated. The move suggests that traders remain uncertain [...]
DailyFX Tips & Picks: A simple indicator that makes stop losses more effective March 31, 2014 STRUGGLING with your stop loss? Try out the Average True Range (ATR) indicator next time you trade. The ATR is a simple tool that shows the average range of a typical trading day. If the ATR shows 83, this means that the distance between the high and low of the day is, on average, 83 [...]
Rocking and rolling in Vienna March 31, 2014 The new Wraith has all the elegance you would expect from a Rolls-Royce but it packs quite a punch as well THERE’S a delightful moment in the recent C4 TV documentary, Inside Rolls-Royce, where a chap coming to collect his new car from the factory in Goodwood explains the extent of his purchase. “The base [...]
Not convinced? March 31, 2014 CHECK OUT THESE ALTERNATIVES… BENTLEY CONTINENTAL GT V8 S PRICE: £139,000 0-62MPH: 4.5 secs TOP SPEED: 192mph CO2 G/KM: 246g/km MPG COMBINED: 26.8mpg THE VERDICT: DESIGN Three Stars PERFORMANCE Four Stars PRACTICALITY Three Stars VALUE FOR MONEY Two Stars FERRARI FF PRICE: £227,142 0-62MPH: 3.7 secs TOP SPEED: 208mph CO2 G/KM: 380g/km MPG COMBINED: 17.0mpg THE VERDICT: DESIGN Two [...]
United always favourites at Old Trafford, says defiant Giggs March 31, 2014 MANCHESTER United midfielder Ryan Giggs insists his club are too big to ever be labelled underdogs, even when Champions League holders Bayern Munich visit Old Trafford tonight. With seven matches to spare the German giants have already been crowned Bundesliga champions and have lost just once in all competitions since Pep Guardiola succeeded Jupp Heynckes [...]
Golf Comment: Bowditch win a lesson in patience March 31, 2014 PERSEVERANCE is a huge part of golf, and few wins will illustrate that better than Australian Steven Bowditch’s maiden PGA Tour victory, at the Valero Texas Open on Sunday. Bowditch has had more to contend with than most, having battled clinical depression, and endured a few nervous moments in his four-over-par final round of 76. [...]
Giles undeterred despite shame of Dutch defeat March 31, 2014 ENGLAND limited-overs boss Ashley Giles insists he is still the right man to succeed Andy Flower as Test coach despite yesterday’s humiliating thrashing by Holland at the World Twenty20. A miserable five months that included an Ashes whitewash reached perhaps its lowest point with a 45-run defeat in Bangladesh, the Dutch part-timers skittling England for [...]
Tidal Bay tops Aintree weight March 31, 2014 TIDAL Bay has retained top weight for Saturday’s Grand National following eight withdrawals that leave the race still heavily oversubscribed. The Paul Nicholls-trained 13-year-old, who unseated his jockey in the 2011 running, will bid to be the first horse since Red Rum to prevail at Aintree on top weight. Katenko, Godsmejudge, Sunnyhillboy and Roi Du [...]
