What should you look for from a trading education course? November 24, 2015 Even if you have a background in finance, if you’re new to trading the markets, learning the ropes is vital. From understanding basics like the difference between contracts for difference and spread-betting to the more complex tools involved in technical analysis, education isn’t an additional expense but a driver of returns. Thankfully, platforms – the [...]
Best of the Brokers for 24 November 2015 November 24, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com Analysts at Numis have revised their expectations for Close Brothers Group, lowering their earnings per share forecasts for the specialist financial services firm by 5.8 per cent for this year and a similar amount for next year off the back of the firm’s [...]
Oil stocks drag down the FTSE ending its rally – London Report November 24, 2015 Traders’ concerns over miners and retailers yesterday pull down London’s main index, ending a week-long run. The FTSE 100 dropped 29.1 points to 6,305.5. Oil companies were struggled after Saudi Arabia indicated it will work to stabilise oil markets, sending the price pinballing. Producers ended lower, despite a late rally after the oil price bounced [...]
Santa Clause ain’t coming to town: Why you shouldn’t expect stocks to rally – CNBC Comment November 24, 2015 Last week was the year’s best for the S&P 500. October also saw a very strong bounceback from the late summer malaise. I’ve been surprised by the recent recoveries in markets in the short term. When you pair that with the huge long-term gains we have had since March 2009 alongside my fundamental bearishness, [...]
Corporate networking needs a rethink: Senior mentors and targeted events aren’t always the best idea November 24, 2015 Like most of us, I’m a firm believer in the power of networks to help facilitate professional growth at all career levels. In today’s increasingly digital world, much of our networking has moved online. And of course social media absolutely has its place but, in my opinion, you can’t underestimate the value of good old [...]
Tech unicorns face fresh bubble fear November 24, 2015 Traders are piling up short interest on early stage technology firms after a string of young companies made market-busting initial public offerings (IPOs). The so-called “unicorns” – companies which are valued at $1bn before they have launched onto the stock market – are being targeted by traders betting their share prices will fall. Although they [...]
City Moves for 24 November 2015 | Who’s switching jobs November 23, 2015 OCTOPUS INVESTMENTS The fund manager has appointed Tim Lambert as strategic partnerships manager, with an initial focus on the affordable housing sector. He joins from Parallel Capital, which he founded in 2011. Lambert has also worked as head of consulting at Ducalian, and has held roles at Citywise and Akiko. JP MORGAN ASSET MANAGEMENT The [...]
Pfizer buys Allergan but deal fails to excite Wall Street – New York Report November 23, 2015 New York investors yesterday appeared largely unemotive by a mega deal between Botox-maker Allergan and Viagra producer Pfizer. The Dow Jones industrial average fell 31.13 points, or 0.17 per cent, to 17,792.68, the S&P 500 lost 2.58 points, or 0.12 per cent, to 2,086.59 and the Nasdaq Composite dropped 2.44 points, or 0.05 per cent, [...]
Fed interest rate hike decision: Why I’m long the dollar – whatever history says November 23, 2015 With the US Federal Reserve expected to raise rates for the first time since 2004 next month, should every man and his dog be long dollar? Or is this a good example of a “buy the rumour, sell the news” rally? Looking at the statistics of the eight Fed rate hike cycles since 1971, [...]
US interest rates: Markets are prepared for a Fed rate hike – eToro Tips & Picks November 23, 2015 The markets are absorbing the likelihood that the Fed will raise US interest rates next month, reducing investor uncertainty. All eyes are now on the ECB and the Bank of Japan, which are seeking to stimulate economic growth. Mario Draghi announced on Friday that he is determined to increase inflation. This could involve expanding the [...]
