WALL STREET WEEK AHEAD April 25, 2011 LARGE blue chips, including some consumer-oriented companies, will have to show they can counter sluggish developed economies by leveraging growth in emerging markets and technology – if Wall Street is to maintain earnings momentum this week. Companies like Microsoft, PepsiCo, and Coca-Cola, unloved on Wall Street, could turn out to be good buys if they [...]
How UK CFD traders can gain from a falling dollar April 25, 2011 THIS year’s financial headlines have been dominated by uncertainty around the world. The turmoil in the Middle East and north Africa has led to long-term supply worries in this oil rich area, and the continuing fears over the Eurozone sovereign debt crisis have had investors seeking out safe havens. Combined with the weak greenback, these [...]
DOLLAR FEARS MAY KEEP OIL ON THE BOIL April 25, 2011 FINANCIAL markets initially reeled following last week’s announcement from Standard & Poor’s (S&P). The ratings agency downgraded its outlook for US sovereign debt to “negative” from “stable”, implying a 33 per cent chance that the US would lose its AAA credit rating within the next two years. The agency is concerned by the fiscal challenges [...]
Go long on cocoa after Gbagbo – just don’t hold too long April 25, 2011 ACCOUNTING for over 40 per cent of the world’s production, Ivory Coast’s recent political crisis sent the price of cocoa soaring. However, it fell as quickly as it rose, and with the political situation resolved, traders now need to decide whether it has fallen too far or not far enough. Despite President Alassane Ouattara’s victory [...]
THE TIPSTER April 25, 2011 SHARES in Apple hit an all time high of $364 back in February, but its first quarter results have smashed forecasts. Profits were up 90 per cent to $5.99bn from $3.07bn in the same period last year. Some investors thought Steve Jobs’s illness had encouraged a slowdown in growth, and they were wrong. His recent [...]
BANK EXODUS AS TRADERS JUMP SHIP FOR HEDGE FUND MILLIONS April 25, 2011 THE BRAIN drain from the City’s leading banks has started, as The Capitalist can reveal traders at JP Morgan Chase, RBS, UBS and Lloyds have gone behind bosses’ backs to apply to a hedge fund that promises to make them millionaires within a year. The deserting bankers are on the shortlist for Mike Baghdady’s Trading [...]
BILL OF THE WEEK April 25, 2011 BABBO on Albemarle Street, voted Best New Italian Restaurant 2011 by Zagat, was the venue for a “celebratory” lunch for five City gourmands who took full advantage of one of the finest Italian wine lists in London. So the regional dishes including Beef Florenti, Veal Milanese and chef Douglas Santi’s lasagne were all well and [...]
Fergie eyes a chance to join the Euro elite April 25, 2011 MANCHESTER UTD vs SCHALKE MANCHESTER UNITED manager Sir Alex Ferguson believes his side are on the verge of shedding their European inferiority complex ahead of tonight’s Champions League semi-final against Schalke. Ferguson is desperate to conquer Europe for the fourth time in the club’s history, and draw closer to the number of major titles earned [...]
Olympic bosses rely on late surge April 25, 2011 OLYMPIC chiefs are anticipating a late dash to secure tickets for the London games ahead of today’s midnight deadline for applications. Bosses, who have confirmed that this will not be the last chance for members of the public to purchase tickets, claim they have been hugely encouraged by recent sales over the Easter period. “Tickets [...]
Rangers are up, up but not quite away after late shock April 25, 2011 QPR (1) vs HULL CITY (1) QUEENS PARK RANGERS missed the chance to rubber stamp their return to the Premier League after Simeon Jackson’s 95th minute winner for Norwich against Derby ruined the promotion party at Loftus Road. A victory over Hull would’ve rendered Norwich’s victory irrelevant, but David Amoo cancelled out Wayne Routledge’s early opener in [...]
