More QE will support the FTSE 100 October 17, 2010 SINCE traders returned to work at the start of September, the FTSE 100 index has been climbing steadily higher. Having fallen to as low as 4,805 in early July, the blue-chip index is now trading around the 5,700 mark and there is every expectation among market participants that equities could continue to gain ground. However, [...]
THE TIPSTER October 17, 2010 GOLD showed signs of a top last Friday when it first broke a four-day uptrend support, but it then shot higher when Ben Bernanke spoke about the economy. However, it failed to take out Thursday’s record high of $1,387 and promptly dropped $15 to $1,370. Spread Co offers a four-point spread on spot gold of [...]
SPREAD BET GURU October 17, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, what exactly are these currency wars? A. The recent currency wars are essentially a result of key governments attempting to manipulate the strength of their own currencies to suit their economic needs. The move by Japan last month to sell a reported ¥2 trillion was a prime example of [...]
The past lives on as Agatha Christie’s top hotel reopens October 17, 2010 ONCE you’ve been to Istanbul, Paris, Berlin and even London seem somehow paltry, a bit small-scale and even a touch banal. The enormity and seductiveness of the Bosphorous, especially at sunset, and the mesmeric mixture of ancient history, Ottoman splendour and Islamic architecture beguile every traveller. Its appeal was just as strong for the most [...]
HOTEL REVIEW October 17, 2010 The Oberoi – Mumbai THE GLEAMING five-star Oberoi hotel has spent a lot of time and money trying to forget the past. The Mumbai landmark, a playground for the megacity’s elite as well as foreign VIPs like former US President Bill Clinton, was reopened in April following an 18-month, $40m renovation after being at the [...]
TRAVEL NOTES October 17, 2010 London’s helipad hotel Take that, Claridges. The new Hotel Verta in Battersea (of all places) comes with a helipad for those who don’t want to deal with traffic. The 70-room Von Essen hotel is located within the London Heliport complex, and is the first of its type in Europe. Aside from the Bond-style arrival possibilities, [...]
Rooney tipped to quit United over row with boss Ferguson October 17, 2010 MANCHESTER United striker Wayne Rooney looks increasingly likely to leave the club amid suggestions his relationship with manager Sir Alex Ferguson has deteriorated beyond repair. The prospect of one of the most sensational transfers in the history of British football has increased dramatically with Rooney said to have told United he will not resume contract [...]
Reds second bottom after derby defeat October 17, 2010 EVERTON (2) vs LIVERPOOL (0) LIVERPOOL manager Roy Hodgson admits finishing in the top four might already be an unrealistic aim, just eight games into the Premier League season, after defeat in the Merseyside derby soured the feel-good factor created by the club’s takeover. Thumping strikes from midfielders Tim Cahill and Mikel Arteta lifted Everton [...]
Four-try win lifts Wasps’ Euro hopes October 17, 2010 WASPS (38) vs GLASGOW (26) WASPS boss Tony Hanks hailed Joe Simpson after the scrum-half’s wonder-try helped kick-start their Heineken Cup campaign with a bonus-point victory over Glasgow. Tom Varndell, Ben Jacobs and Dominic Waldouck also went over as the Londoners climbed to second in Pool Six, two points behind reigning champions Toulouse. But it [...]
Murray caps return to form October 17, 2010 BRITAIN’S Andy Murray completed an emphatic return to form and maintained his superb record against Roger Federer by winning the Shanghai Masters. World No4 Murray clinched his 16th career title and his second of the year with a 6-3, 6-2 victory in which he seized the initiative instantly. The triumph followed the Scot’s win over [...]
