Potential problems in the oil pipeline remain November 19, 2012 NOT long ago, the peak oil consensus painted a picture of a future of uncontrollably spiking oil prices. The rapid rise of developing market demand would lead to a squeeze on oil markets and surging oil prices. But as oil and gas producers can attest, many of these forecasts have come to nothing – a [...]
How to manage your risk by using a pairs strategy November 19, 2012 MARKETS are fraught with uncertainty: the fiscal cliff, conflict in the Middle East, the Eurozone crisis, and slowing growth in China are just some of the problems that could potentially derail equity markets. Therefore, traders must use risk management techniques to mitigate their risk exposure. But if investors suddenly sought safety by moving their money [...]
The Tipster | Taking candy from a baby November 19, 2012 TRADING shares in Mothercare has been child’s play over the last 12 months, as they have surged over 120 per cent. Chief executive Simon Calver, who was appointed in April, has implemented a successful turnaround strategy, appeasing the concerns of worried investors. The retailer delivers its interim statement on Thursday, and traders will want to [...]
Seasonal bonus for shrewd traders November 19, 2012 CHRISTMAS is close and there is a lot of Bah Humbug in the air. The FTSE 100 index is 5 per cent off its recent highs. The governor of the Bank of England Sir Mervyn King said that the economy may contract again. As inflation squeezes real wages, and public spending faces more cuts, it [...]
Analyst picks for 20 November 2012 November 19, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long dollar-yen, short Aussie-New Zealand dollar. Expertise: Fundamental and technical analysis. Average time frame of trades: 1 day to 1 week. Last week’s trades (short Aussie-dollar, long sterling-yen, long dollar-yen) worked well. However, heavy fundamentals and the Thanksgiving holiday make for confusing times ahead. To curb risk, I will [...]
Compliance has emerged as a growth industry in the UK November 19, 2012 RECENT scandals in the banking sector have led to some discernible changes. Firms have come under the regulatory microscope, resulting in large fines and reputational damage. More regulation and increased investor pressure to ensure adherence to these new rules has led to enhanced emphasis on the role and responsibilities of the compliance team. And now [...]
JOBS of the WEEK November 19, 2012 COMPLIANCE HEAD OF TRAINING LONDON £120k-£160k pa A global investment bank is looking for a new head of training within its compliance department. Financial industry background and managerial experience desirable. http://www.cityamcareers.com/job/32135 INDIRECT TAX SENIOR MANAGER LONDON £80k-£100k pa, plus benefits and bonus A leading international financial services institution seeks a new principal indirect tax adviser. [...]
White collar boxing dens November 19, 2012 Boxing, in some form, or other has been around for at least 5,000 years. It has been practiced by everyone from Roman slaves to Victorian gentlemen; from army majors to backstreet brawlers. Today it is still most strongly associated with working class fighters slugging it out in East End gyms. But there is a growing [...]
Relax with a herbal facial at the Chuan Spa November 19, 2012 There are treatments that change your day, and there are treatments that change your outlook. “You are dehydrated, congested and have burnt your face in the last year, haven’t you?” says head therapist Zoe as I walk into the “Heaven” treatment room at the Chuan Spa. How did she know I had a cold and, [...]
Turbot charged Hawksmoor turns attention to the fruits of the seas November 19, 2012 RESTAURANT HAWKSMOOR AIR STREET 5a Air Street, London, W1J 0AD Tel: 020 7406 3980 FOOD **** VALUE *** ATMOSPHERE **** Cost for two people: £140 PROPPING UP a cocktail bar amidst the art deco surroundings of Hawksmoor’s Air Street branch, my mind mused over the agonising misfortune of having been born into the wrong era. [...]
