How the US jobless data could affect the markets December 3, 2012 ONCE a month, the US non-farm payrolls are released. They typically bring a bout of volatility to many asset prices – a move that is widely welcomed by derivatives traders, who have at times found themselves contending with relatively flat markets. The number is usually released on the first Friday of the month – the [...]
Stagecoach to Steam ahead December 3, 2012 TRAVEL firm Stagecoach will signal whether its joint venture with Virgin is on track when it submits its interim statement tomorrow. The current franchise is due to expire this month, but traders seem positive and shares have steamed ahead by over 25 per cent since lows in May. Spreadex quotes a price of 291.7p-293.8p for [...]
More Yuletide misery for the City December 3, 2012 DECEMBER signals the advent of Christmas: a time for celebration, relaxation, and over-indulgence. But less so this year. The last 12 months have been terrible for those plying their trades in London’s Square Mile. Those who still have a job should be grateful. The City has been butchered this year, and more than a few [...]
Analyst picks for 4 December 2012 December 3, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long dollar-yen and gold Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few days I remain long on dollar-yen from ¥80.65, looking for a move towards ¥83.75 before I take profit. To hedge this position, I opened a long position on gold [...]
1776 is old-fashioned City and it’s all the better for it December 3, 2012 RESTAURANT 1776 1 Lombard Street, EC3V 9AA Tel: 020 7929 6611 FOOD **** VALUE *** ATMOSPHERE *** Cost per person without wine: £55 ONE LOMBARD Street is one of those archetypal City restaurants – like the Mercer – that you go because you work in the City and, you know, that’s just what you do. [...]
Ditch the tired old turkey this Christmas December 3, 2012 Head chef, Paternoster Chop House Call me an old Scrooge but the thought of eating turkey at Christmas fills me with dread. I know I’m in the minority here but I find it dry and tasteless, even if turkeys have come on a lot in recent years (more succulent birds include black or bronze turkeys). [...]
Bordeaux is worth the cash December 3, 2012 bottleopener@cityam.com I was lucky enough to go to a Bordeaux 2010 tasting the other evening, organised by upmarket wine merchant Bibendum. For the uninitiated, this is a sort of vinous Glastonbury Festival, where the owners and managers of more than 70 Bordeaux vineyards allow you to experience their greatest hits and endure the most asinine [...]
Fitness-based Christmas gifts have never looked so good December 3, 2012 FITNESS & DIET EXPERT GONE ARE the days where presents for your fitness-loving friends meant a toss-up between a pedometer and the latest fitness DVD. Now there are gifts galore for the active, gadget-happy exec. Here are this year’s pick of the bunch. 1 Perfect for the fitness fanatic who also happens to be fan [...]
Lost your mojo this winter? Plenish Cleanse might just be your answer December 3, 2012 JUICE CLEANSING isn’t anything new: just about every actor has turned to them to shed pounds for a big role. But this summer, juicing went to a whole new level when group cleansing hit the corporate world (or at least the trendy set on Seventh Avenue and Wall Street) as a new form of corporate [...]
Online retailers prepare for busiest day ever December 2, 2012 HIGH street shops and online retailers will face one of their fiercest battles yet for customers this Christmas, with today set to mark the busiest internet shopping day of the year. UK online sales will peak today – dubbed Mega Monday by City analysts – with Visa Europe expecting 6.8m transactions worth £320m to be [...]
