Automatic fines are a SAD Eurozone policy December 13, 2011 THE cold war policy of mutual assured destruction stuck many people as mad. If the Soviet Union was wicked and foolish enough to launch a nuclear attack on the United States, killing millions of innocent Americans and plunging the planet into a nuclear winter, it would be crazy to compound this wickedness with a retaliatory [...]
RAPID RESPONSES December 13, 2011 Higgs resurrected After Philip Ball’s Forum piece on the Higgs boson [Physicists are hunting for a so-called God particle, but their faith is dwindling fast, 25 November] I had begun to wonder if the £6bn large hadron collider was simply the most expensive piece of scientific equipment that had ever been set up to search [...]
Bursting the Eurozone’s AAA rated bubble December 13, 2011 WITH the long-term health of the AAA-ratings of the core Eurozone countries looking shaky at best, is it going to be a case of last man standing for Europe? And will the credit ratings agencies end up deciding the direction of the haven currency flows? Sarkozy has been telling anyone who will listen that, should [...]
FOREX ANALYST PICKS December 13, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Long dollar-Swiss franc; long euro-Swiss franc; short Aussie-Kiwi Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week Risk trends are still not consistent for capital and forex markets and because of end-of-year liquidity issues, I‘m hesitant to take positions requiring a meaningful [...]
THE TIPSTER December 13, 2011 THE euro traded at more than a two month low against the dollar, as the grim reapers of the credit rating world said that the recent EU summit didn’t indicate a solution for the Eurozone debt crisis. While we might see some small squeezes in euro-dollar, traders should be cautious, as this is a bear [...]
Eurozone woes will strengthen the dollar December 13, 2011 CMC MARKETS MICHAEL HEWSON Given the problems within the euro area, the dollar looks as if it could post further gains as we head into 2012. However, talk of further easing from the Fed may weigh on the greenback in the medium term, especially with the political deadlock between Republicans and Democrats in the lead [...]
HOW TO TRADE CENTRAL BANK INTERVENTION December 13, 2011 DEALING ROOM MANAGER, EASY-FOREX CENTRAL bank intervention in the forex market is not unusual and presents significant opportunities for profit, but also risk. Interventions are usually in response to long-developing and unwanted misalignments in market valuation. As these misalignments develop, the trader must be alert to the increased risk of intervention and the specific characteristics [...]
Official timekeeper for 2012 finds too many brand benefits to count December 13, 2011 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 226 DAYS TO GO Omega’s president Stephen Urquhart explains why it will be keeping time in London once again Q. What was your brand’s primary reason for being involved with the Games? A. Omega first served as Official Olympic Timekeeper at the 1932 Los Angeles Olympic Games and [...]
Clio Eco shows green doesn’t mean bad December 13, 2011 As other manufacturers rush to brand name their most economical cars with monikers like Bluemotion, Econetic and EfficientDynamics, Renault’s more fuel efficient combustion-engined cars are badged simply “Eco” and with no bright, blue or green badging on the bodywork at the rear you’d be hard pressed to know that you’d bought such an economical car. [...]
CAR TALK December 13, 2011 BENTLEY TO LAUNCH FUEL EFFICIENT MODELS Bentley is to launch Continental GT and GTC models with a more fuel efficient 500hp twin-turbo 4.0-litre V8 engine. Capable of 0-60mph in under five seconds, the new engine is 40 per cent more efficient in terms of fuel and CO2 emissions than the existing flagship 6.0-litre V12 powered [...]