THE TIPSTER November 15, 2011 TRADERS are extremely cautious over the fate of the euro. Despite governmental changes in the Eurozone, sentiment hasn’t appeared to pick up. After Merkel’s comments that the Eurozone is in its worst state since WWII, we should still expect short-term bearishness over the euro and strength in relatively more safe haven currencies such as the [...]
FOREX ANALYST PICKS November 15, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Short sterling-dollar; long dollar-yen; short euro-yen Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week The short setup for dollar-yen below ¥78 from last week worked well enough, but follow through will be troublesome. Now, I’m looking for an intervention reaction should [...]
Accountants can be counted upon to face challenge of climate change November 15, 2011 HEAD OF ACCA UK LATER this month, thousands of climate change experts, government negotiators, campaigners, and business people will be gathering in Durban, South Africa for the seventeenth annual meeting of the signatories to the UN Framework Convention for Climate Change. Or, more simply, COP17. The ultimate objective of each COP (Conference of the Parties) [...]
Lord Mayor Appeal’s City fanfare November 15, 2011 THE run-up to the Square Mile Salute dinner, an annual banquet that raises funds for wounded soldiers and their families, got off to a fine start this weekend with the Lord Mayor’s Parade through the City. Floats and parades through the Square Mile starring a range of causes and supporters, made for a brilliant spectacle. [...]
Wowed by grande dame of the Swiss Alps November 15, 2011 A beautiful two-hour train ride from Zurich brings one to the alpine town of Pontresina, near the more famous (and more developed) St Moritz. The Kronenhof’s remarkably attractive, traditional façade takes pride of place in the main street – and it’s met with suitably matching luxury interiors, splendid service and all the things that make [...]
Toyota Verso without va-va voom November 15, 2011 IT’S too noisy,” complains my daughter, referring to the Toyota Verso-S’s engine as it labours its way through North London and up the M1. Proof that even a two-year-old, if exposed to enough different cars in quick succession, has the smarts required to be a motoring journalist. She’s right too. Most of the time the [...]
CAR TALK November 15, 2011 PUTTING AN END TO “RANGE ANXIETY” The Department for Transport has announced that it is to begin mapping the locations of charging points for plug-in vehicles across the UK. The National Chargepoint Registry should make it easier for motorists to go electric and evaluate where and how often they need to charge their car along [...]
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FTSE falls as Eurozone fear factor hits banks November 15, 2011 The FTSE edged down this morning, mirroring weaknesses in Asia, as rises in bond yields in Spain and Italy heaped more pressure on markets. Italy sold three billion euros of five-year bonds at 6.29 per cent yesterday – a euro-era record. The country’s 10-year bond yields rose to 6.76 per cent, also pushing Spanish 10-year [...]
Eurozone growth just 0.2pc despite stronger France and Germany November 15, 2011 Germany and France posted solid growth in the third quarter but those euro zone countries at the sharp end of the debt crisis dragged the overall figure for the bloc to a meagre 0.2 per cent. The German economy grew 0.5 per cent in July-September, in line with market forecasts, and second quarter growth was [...]
