Oil’s recent surge may sink in sands February 20, 2012 TRADERS looking at the recent actions of the theocracy of Iran – which confirmed its ban on the sale of crude oil to the UK and France on Sunday – might be forgiven for assuming that the escalating tensions between it and the West are going to be the biggest factor impacting the price of [...]
NEAR-TERM EURO-DOLLAR RISKS MAY LIE TO UPSIDE February 20, 2012 FX 360 Despite every possible effort by the shorts, euro-dollar refuses to go down. Over the past four weeks the pair has traded in a narrow $1.3000-$1.3300 range, rebounding every time it has broached the key $1.3000 level. One reason for this remarkable resilience is the persistent skew in positioning. After a few weeks of [...]
THE TIPSTER TRADERS HOPING TO BOOK SUITE OF PROFITS February 20, 2012 RESULTS last week from Intercontinental Hotels pointed to a resurgence in bookings outside of the beleaguered Eurozone, so investors in Millenium & Copthorne will be hoping that the company can replicate its larger peer’s success in areas such as China and the US. The operations in these areas should benefit from continuing economic growth, so [...]
Why not to position for a gold crash February 20, 2012 GOLD has traded in a channel for the last month, but despite this, it remains at a price nigh on unimaginable 18 months ago. “Although the last month has been a quiet one for the price of gold, the metal is still up by around 10 per cent for the year and is still almost [...]
Analyst picks for 21 February 2012 February 20, 2012 FOREX STRATEGIST JOEL KRUGER My pick: Looking to sell sterling-yen Expertise: Technical analysis Average time frame of trades: 1 day to 1 week This market has been very well bid over the past several sessions and while we could indeed be in the process of seeing a major structural shift, we also cannot ignore the [...]
Get fit while the sun shines February 20, 2012 Two days without February’s usual inclement weather should have been enough to rouse from hibernation the part of your brain that craves exercise. Escape the tedium of the gym with these get-fit options that take advantage of the weather – while it lasts. TOUGH MUDDER Run by the special forces, Tough Mudder is an insane [...]
Forget cycling machines, try the Wattbike February 20, 2012 FIT IN THE CITY I must admit, I’m not a huge fan of cycling – I tend to associate it with boredom and bulky thighs. But, given that last weekend saw the track World Cup at the new velodrome, coupled with the fact that cycling’s one of the few feasible medal-winners for the Brits come [...]
Episode 47: AN INTIMATE MONDAY LUNCH February 20, 2012 I sit opposite Caroline at the same secluded table we used to sit at 10 years ago. We’ve both moved on since then. The restaurant hasn’t. Caroline is clearly making a point. “How was your bonus?” she asks, as the waiter retreats, having taken our order. “We won’t go hungry,” I reply. Technically true, although [...]
Soho oyster bar is a serious catch February 20, 2012 Wright Brothers Soho Oyster House 13 Kingly Street, W1B 5PW Tel: 020 7434 3611, thewrightbrothers.co.uk FOOD **** SERVICE **** ATMOSPHERE **** Cost per person without wine: £40 THE Wright Brothers’ establishment in Borough Market is a temptation that is sorrowfully hard to indulge because it is tiny – and rammed. The former contributes considerably to [...]
MINISTER SLAMS JOB SNOB CRITICS February 20, 2012 CHRIS Grayling, the employment minister, yesterday rounded on critics of the government’s work experience programme, describing them as “job snobs”. He was speaking in response to opponents of the scheme who branded it “21st century slavery” and “forced labour” after it emerged Tesco had offered an unpaid placement stacking shelves in its supermarkets. The scheme [...]
