Israel’s shekel is held back by central bank August 17, 2010 AS THE Federal Reserve announced that interest rates would remain low for the foreseeable future earlier this month, the Bank of Israel (BOI) has been getting ready to hike interest rates. The BOI, which is led by Stanley Fischer, upped interest rates on the back of a spike higher in inflation expectations to 3.2 per [...]
FOREX ANALYST PICKS August 17, 2010 FOREX STRATEGIST DAVID RODRIGUEZ My pick: Short euro-US dollar Expertise: System trading Average time frame of trades: 2-10 weeks I have been looking for an opportunity to fade the euro-dollar recovery for a while now. After a long downtrend, the euro posted a large correction but I believe that the overall shift lower remains intact. [...]
THE TIPSTER August 17, 2010 OFTEN referred to as the “fear index” the volatility index, or Vix, is a measure of investor sentiment. As it rises from its lows, a higher reading points to increasing concerns and uncertainty. ETX Capital is quoting 30.20-30.35 for the September contract. Cable has struggled to break new ground to the upside and technically, it [...]
High achievers look beyond red bricks August 17, 2010 TOMORROW is a date that thousands of families across England and Wales will have indelibly committed to memory. Far from being merely another summer’s day, Thursday 19 August 2010 is A-Level “results day”, a make-or-break day for the career and life plans of thousands of 17 and 18-year-olds. For many, results day will simply confirm [...]
City law firms’ moves show a new prudence in the Square Mile August 17, 2010 THE Heron Tower building is probably the most prestigious new location in the City, and a few weeks ago a law firm became the first to rent space in it. American firm McDermott Will & Emery will leave its current home – the rather traditional sounding 7 Threadneedle Street – in about a year’s time [...]
EU’s Google verdict may not quash complaints August 17, 2010 LEWIS SILKIN FOR most businesses, it is vital that prospective customers can find them on the internet. And the “ranking” that a business can achieve in search engine results – how high up it is on a search page – is a big part of that. Recognising this, a number of years ago search engines [...]
A very grown up car indeed August 17, 2010 Like an ageing playboy, this Lexus has a handsome face, but is let down somewhat by its rather bloated rear end, inflated no doubt by the installation of its excellent folding tin top roof. Maybe an ageing playboy is the target buyer for the IS250C. Not me then. Yet there’s no doubt that the inside [...]
CAR TALK August 17, 2010 VAUXHALL NEW WARRANTY Vauxhall has announced a new lifetime warranty on all its new cars, trumping Kia which offered the best warranty up until now. The Vauxhall Lifetime Warranty applies to the first owner of any Vauxhall car and covers powertrain, steering and brake systems as well as electrical equipment. The warranty lasts throughout the [...]
OUT OF OFFICE August 17, 2010 OPERA AND DINNER UNDER THE STARS Dining outdoors in a frescoed courtyard while being entertained with soaring opera is pretty much a win-win plan for an evening, right? If you agree, then nab the chance to experience a night of opera and dinner under the stars at 51 Buckingham Gate, the private Taj residences in [...]
Britain’s AAA status more secure says Moody’s August 17, 2010 THE top AAA ratings of the UK, US, France and Germany continue to be well positioned, Moody’s Investors Service has said. The “distance to downgrade” for these four sovereigns has been reduced, the credit rating agency said, adding that large AAA-rated governments face different challenges from those they faced a few months ago. For example, [...]
