Weak Chinese data hits FTSE mining stocks – London Report April 13, 2015 THE UK’s top equity index slipped from record highs yesterday as surprisingly weak data from China weighed on mining stocks, with investors also growing cautious before next month’s General Election. The FTSE 100 index, which touched a record high of 7,095.36 points on Friday, retreated 25.47 points, or 0.4 per cent, to 7,064.30 points by [...]
Wall St dips as fears build over earnings – New York Report April 13, 2015 US STOCKS dipped yesterday as fears increased that the strong dollar and lower oil prices will hurt US first-quarter earnings. The Dow Jones industrial average fell 80.61 points, or 0.45 per cent, to 17,977.04, the S&P 500 lost 9.63 points, or 0.46 per cent, falling to 2,092.43 and the Nasdaq Composite dropped 7.73 points, or [...]
Hillary Clinton will make it to the White House if the Republicans remain divided April 13, 2015 Hillary Clinton announced on Sunday her intention to run to become the first female President in US history. She is the overwhelming favourite to win the Democratic presidential nomination in 2016, despite recent controversies over her personal email use when she was US secretary of state between 2009 and 2013. Although general election day remains [...]
On tax and spending, the voters are right: Our politicians are all the same April 13, 2015 There are still 23 days to go, and the signs are bleak. Astonishingly, the rest of this election campaign could be even more trivial, insubstantial and tedious than we have witnessed to date. This week, the political parties unveil their manifestos. This will have the effect of locking them all into a pattern of endless [...]
Politics and business must collaborate to solve UK ills April 13, 2015 We are in the run-up to the most unpredictable election of the modern age, having also experienced a seismic shift in the economic and technological environment. But what does this mean for business, and what can policymakers do to create a competitive market for UK firms within an ever-changing global arena? Today, we are hosting [...]
As the Chinese economy sees exports plunge in March, are fears of a hard landing justified? April 13, 2015 Alessandro Theiss, an economist at Oxford Economics, says Yes Slow starts to the year are not uncommon in China – and the timing of the Lunar New Year makes it hard to draw inferences from just a few months’ data. But plummeting exports and a contraction in import volumes suggest that Chinese domestic demand has [...]
Is the Eurozone recovering? What traders need to know April 13, 2015 Improving credit conditions point to sustained growth. The Eurozone economy seems like it might finally be back on track, with stock markets rallying and greater confidence that activity is picking up in a region that has long been mired in crisis. Although German shares and the FTSE 100 fell slightly yesterday, European stocks are [...]
Apple Watch: Is it a threat to Rolex? – CNBC Comment April 13, 2015 Hey you fancy people who love shiny expensive watches. There is a new player in the market. Meet the Apple Watch, the tech firm’s first push into the luxury market. The wearable device starts at $349 in the US or £299 in the UK for the entry-level Apple Watch Sport. And if you want a [...]
How to identify market trends with Heikin-Ashi charts – DailyFX Tips & Picks April 13, 2015 THEY’RE not a new invention, but Heikin-Ashi charts have gained popularity over the last 12 months. They are an offspring of the famous Candlestick charts, which are now standard on most trading platforms around the world. The main difference between the two is that Heikin-Ashi gives a better take on trending markets by generating fewer [...]
Car review: The Tesla Model S P85D is seriously fast, with an “Insane” mode to scare off its rivals April 13, 2015 Tesla, the darling of the alternative-power car makers, has made more progress in a few short years than the likes of Ford, General Motors and even Toyota when it comes to electric cars. The American firm, co-founded by Elon Musk of PayPal fame, has not only made great strides technology-wise, but has also achieved much [...]