The EC is now run by City-sceptics: An insider’s view April 2, 2012 THE European Parliament can be a frustrating place to work. When I and some of my fellow MEPs met Commission officials last week to discuss the technical details they had drafted as required by the alternative investment fund managers directive (AIFMD), it was clear the Commission had not taken on board the concerns that I [...]
Are the government’s internet monitoring proposals justified on grounds of security? April 2, 2012 YES Anthony Glees We have secret agencies to help protect us from serious organised crime, sexual exploitation and Islamist and neo-Nazi terrorism. Today, these people use the internet and mobile phones to plan and organise. These proposals will allow us to monitor them. If our security services are to deal with them effectively and keep [...]
RAPID RESPONSES April 2, 2012 Hot property [Re: UK’s overtaxed public is running out of patience, yesterday] Re: the airline passenger duty (APD). The problem is global warming. There’s a limit to how much CO2 we can pump into the high atmosphere (where it has about four times the impact as at sea level) without cooking the planet, and we’ve [...]
The early bird catches the right information April 2, 2012 WHEN the social media site Twitter started making headlines, the cynics came out in force to lambaste it. Most jibes were based on the myth that people were only tweeting and following the mundane – they were then ignorant of the fact that some of the world’s great thinkers were using the site. Most of [...]
US DATA KEY TO CONTEST AMONG BULLS AND BEARS April 2, 2012 FX 360 ONE of the more astounding aspects about the recent price action in the currency market is the absolute lack of direction in euro-dollar. Over the past week the pair has traded in a miniscule 150 point range – its narrowest swing in more than four years. With the Greek saga now behind us [...]
TOP TRADING TWITTERATI SPEAKING AT ACTIVE TRADER 2012 April 2, 2012 @DAVIDJONES_IG DAVID JONES Chief market strategist, IG Index. Author of Spread Betting the Forex Markets. 4,597 Tweets, 1,222 Following, 4,734 Followers @ALAIDI ASHRAF LAIDI Chief global strategist at City Index / FX Solutions, founder of www.AshrafLaidi.com. 28,122 Tweets, 94 Following, 21,716 Followers @JAMIESAETTELE JAMIE SAETTELE Jamie is the technical strategist at DailyFX and author of [...]
Top six trading mistakes April 2, 2012 1 NOT MAKING A PLAN Treating your trading platform like a computer game and attempting to trade on the fly is perhaps the most fun way of approaching the markets, and certainly avoids the drudgery of fundamental and technical analysis, but it is probably also the fastest and most efficient way of zeroing your account [...]
THE TIPSTER EasyJet will be hoping for lift off April 2, 2012 Budget airline EasyJet has had its ups and downs recently, having to contend with rising fuel prices and now the increase in APD. Yet the share price has outperformed most so far this year. With a trading statement this Thursday bulls might be in for lift off. Capital Spreads quotes 483.7p-485.4p. BHP Billiton’s stock price [...]
Analyst picks for 3 April 2012 April 2, 2012 CURRENCY STRATEGIST JOEL KRUGER My pick: Sell sterling-dollar at $1.6210 Expertise: Technical analysis Average time frame of trades: 3 days to 1 week The market has recently broken to fresh 2012 highs beyond $1.6000, and this now likely opens additional upside back towards the October 2011 peak by $1.6170. While our core bias remains bearish, [...]
Having trouble getting to sleep? Join the club April 2, 2012 Neil Gaiman’s genre-defining graphic opus The Sandman tells the tale of the eponymous lord of dreams. After breaking free from decades of imprisonment he metes out on his captor the worst punishment he can think of – eternal waking. His victim is cursed to forever wake from a nightmare, only to find he is still [...]