European stocks will rebound after US jobs shock August 8, 2010 THE closely-watched US non-farm payrolls figure was responsible for denting European stock markets on Friday, after the data pointed to a steeper than expected decline. Nevertheless, the Dow rallied some 130 points after European markets closed to recover much of its losses for the day, and that resilience is forecast to carry through and boost [...]
WALL STREET WEEK AHEAD August 8, 2010 US INVESTORS’ eyes are this week on the Federal Reserve, which may provide a fillip to an otherwise dull summer market. Investors are leaning toward the view that the Fed will resort once more to some mild quantitative easing, which may be good or bad for the market. “Bernanke himself has suggested extending the Bush [...]
Base metals can still shine in an uncertain environment August 8, 2010 THE global economy is at an important crossroads; economic data from the US has been patchy and signs of a slowdown in China are causing bouts of volatility in risky assets. However, base metal prices have held up well. The question is, will they continue to do so? The recent surge in base metal prices [...]
Turn on, tune in and bet till you drop August 8, 2010 SPREAD betters who get separation anxiety whenever they step away from their terminals no longer have to suffer in silence. With IG Index, the biggest spread betting provider in the world, today launching its brand new free iPhone app, more punters than ever can stay plugged in all the time. IG Index is the third [...]
THE TIPSTER August 8, 2010 LAST week, Royal Bank of Scotland (RBS) released positive earnings, which followed upbeat performances from HSBC, Barclays and Lloyds Banking Group, indicating a recovery of the UK banking sector. An inverse head and shoulders bullish pattern is noted on daily charts of RBS and an important level of 49.7p has been broken, signalling further gains. [...]
TECHNICAL ANALYSIS GURU August 8, 2010 CHIEF TECHNICAL ANALYST sandy.jadeja@cityindex.co.uk Q. Dear Sandy, how can I trade on the right side of the market? A. One of the many pitfalls for traders is being on the wrong side of the market. So what does it mean to trade on the right side? Essentially, there are three stages to a market move. [...]
How to find the perfect Maldives August 8, 2010 BEST FOR: FAMILY FUN ANANTARA DHIGU Lots of resorts in the Maldives have kids’ clubs, but it’s the little touches at Dhigu that make a difference. From dusk til dawn, your sandy, sticky-handed brood will be smiling. At breakfast, you can send them off to bark orders at the guy in the pancake and waffle [...]
Robbo and Brown call time and deliver snub to Capello August 8, 2010 FABIO CAPELLO was facing a backlash from his new-look England squad last night after two players refused call-ups and brought an end to their international careers. Just hours after naming a re-vamped squad for Wednesday night’s friendly with Hungary, Capello was left red-faced when goalkeeper Paul Robinson called time on his 41-cap England future after [...]
It’s the first trophy of many, says Vidic August 8, 2010 CHELSEA (1) vs MANCHESTER UTD (3) CAPTAIN Nemanja Vidic predicts the Community Shield will not be the only piece of silverware to take pride of place in Manchester United’s trophy cabinet this season. Sir Alex Ferguson’s men earned pre-season bragging rights over Premier League rivals Chelsea by claiming a third victory in four years. A [...]
Woods stoops to new low but keeps No1 spot August 8, 2010 TIGER WOODS slumped to a new low on his favourite course yesterday as he crashed to his worst-ever four-round total as a professional. The 14-time Major champion carded two double-bogeys in the final five holes to register a final-round 77 in the WGC-Bridgestone Invitational at Firestone CC in Ohio and finish in a tie for [...]