Peking over the top of China’s Great Currency Wall March 29, 2011 THOUGH there is constant talk of China’s rise, currency investors often find themselves frustrated by the apparent wall between them and the Chinese currency. However that doesn’t mean that those wishing to take a position on China’s currency, the renminbi (RMB) are without options. On first inspection, the Chinese currency seems as rigidly controlled as [...]
FOREX ANALYST PICKS March 29, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Short euro-dollar, long euro-yen, short sterling-dollar Expertise: Fundamental and Technical Analysis with Risk Management Average time frame of trades: 1 day to 1 week My short Australian dollar-Canadian dollar wouldn’t keep traction from last week as the market-wide risk aversion effort was snuffed out by the rebound in Japanese [...]
THE TIPSTER March 29, 2011 THE dollar is continuing to regain lost ground against the yen, eyeing a move back above ¥82.00, which hasn’t been sustained since the wider implications of the earthquake and tsunami were priced into the market around two weeks ago. The repatriation risk for the yen still needs to be taken into account, but coordinated central [...]
Stylish and discreet, but the food isn’t perfect yet March 29, 2011 5 Pollen Street 5 Pollen St, W1S 1ND Tel: 020 7629 1555 FOOD SERVICE ATMOSPHERE Cost per person without wine: £45-£50 WITH Jason Atherton’s much-hyped Pollen Street Social to open next month, this miniscule back-alley behind Hanover Square has been getting more attention than one might expect of such a street. And now – pipping [...]
FOOD & BOOZE NEWS March 29, 2011 CELEBRATE THE ROYAL WEDDING WITH AN ENORMOUS HESTON TRIFLE In case you were worried about what to feed your guests at your royal wedding party (and who isn’t? Honestly) – Waitrose has swept to the rescue with a cake, “created” by Heston Blumenthal and big enough to feed 10 people. The Royal Trifle (pictured below) [...]
THREE OTHER MAYFAIR ITALIANS March 29, 2011 BABBO One of Mayfair’s few homely restaurants, it’s one of the area’s best Italians, providing rustic elegance instead of gloss and high design. The menu is rich and impressive, with lots of regional favourites. Think beef carpaccio, parmesan cheese, mustard sauce and capers from Pantelleria Island and a great big seabass in salt crust. 39 [...]
French for “bend, turn, curve” March 29, 2011 VIRAGE is French for “bend, turn, curve” and we’ve been testing Aston Martin’s latest GT on the roads of Andalucia, roads so twisty, bendy and curvy that my co-driver has just been sick. Later he will blame my driving, but for now we’re trying to work out how to wash the vomit off of the [...]
Capello warns Carroll not to waste chance March 28, 2011 ENGLAND coach Fabio Capello has warned his side’s brightest young stars, Andy Carroll and Jack Wilshere, they risk wasting their talent if their off-field behaviour fails to improve. Capello is set to unleash Carroll, who in January became the most expensive British footballer of all-time when he moved to Liverpool from Newcastle for £35m, in [...]
D-Day arrives for Moynihan in Olympic cash row March 28, 2011 UNDER-FIRE British Olympic Association chairman Lord Moynihan will today meet with sports minister Hugh Robertson in a desperate bid to secure government help in deriving crucial extra funds from London 2012 organisers Locog and stave off calls for him to step down. Moynihan will then face National Committee Members, in a pre-scheduled meeting, whose senior [...]
Jose: I was hours away from job March 28, 2011 FORMER Chelsea manager Jose Mourinho has revealed he pulled out of taking the England job instead of current incumbent Fabio Capello with just hours to spare. And he also cast doubt on his willingness to consider the role in future by admitting he was put off by the lack of day-to-day involvement required. “I was [...]