TAKE YOUR EMOTION OUT OF TRADING BY MANAGING RISK July 30, 2012 FX360 LAST week, I began a series of three articles aimed at anyone who is considering trading for themselves. My own background is in spread betting and contracts for difference (CFDs) and, over the years, I’ve managed to pick up a few do’s and don’ts. But before launching in, it’s important to emphasise a particular [...]
THE TIPSTER | Thomas Cook hoping to book profits July 30, 2012 EMBATTLED shareholders in Thomas Cook will be hoping that the poor weather and the prospect of the London Olympics will have driven more people to book holidays in sunnier climes. The Arab Spring might have moved on from Tunisia and Egypt, but the firm might still see some weak trading, as people stay away from [...]
Analyst picks for 30 July 2012 July 30, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Short Australian dollar-dollar Expertise: Fundamental and technical analysis Average time frame of trades: 1 day to 1 week Our previous Aussie dollar-dollar short from $1.0425 hit its initial profit target at $1.0270. The pair hit trendline support at $1.0190, in turn giving way to the rally up to $1.0500. [...]
Conquer a daunting wall of ice without a trip to the Antarctic July 30, 2012 Clinging precariously to a sheet of rippling blue ice, the summit in sight, I took a leap of faith. Digging my spiked shoes into the metre-thick walls of the “chimney” of frozen water, I lunged with an ice axe, connecting for a brief second, only to dislodge a block the size of my fist: it [...]
EPISODE 62 – THE HANGING COMMITTEE July 30, 2012 The school year has ended. The children have dispersed, if only briefly. It seems that many of them will reconvene shortly in Tuscany, with splinter groups in Umbria and the Dordogne. Noel presented Mr Donnelly with a fine and very expensive teapot as his end of year gift. As recommended by Nick. It seems that’s [...]
Five tips to help you get your beach body July 30, 2012 If the fact you’re going to be baring all in a couple of weeks has completely slipped your mind, fret not. There’s still time to tackle your 2012 tum. 1) Splash out on a Swiss ball. Whether or not you’ll resemble an Olympian in fourteen days is debatable, but a Swiss ball is the perfect [...]
HOUSE PRICES ON THE SLIDE July 30, 2012 House prices across the country fell for the first time in seven months in July, with even resilient London and the south east of England seeing a slowdown in growth, claims research out today from Hometrack. Rising house prices in London and the south east have been offsetting the decline across the rest of the [...]
Strict Germans may derail Draghi’s plan to aid Spain July 30, 2012 EUROPEAN Central Bank boss Mario Draghi has a tough series of negotiations ahead if he is to persuade German policymakers to back his plan to use the ECB to ease some of the pressures on the troubled Spanish government’s finances. Draghi last week pledged to do “whatever it takes” to keep the euro together – [...]
Olympics are a great success but won’t solve economic crisis July 30, 2012 FOR those of us lucky enough to have been at the Olympic Park in Stratford yesterday or at one of the other venues, the scale and success of the Games was a wonder to behold. Tens of thousands of happy spectators from all over the world, brandishing flags of an extraordinary range of home nations, [...]
Greek leaders agree most cuts to save €1.5bn July 30, 2012 POLITICAL leaders in Greece have agreed on most of the austerity measures demanded by its creditors and are now eyeing pension and wage cuts to find the final €1.5bn of savings still needed, a source close to the talks said yesterday. Greece must find savings worth €11.5bn for 2013 and 2014 to satisfy its increasingly [...]
