BILL OF THE WEEK September 26, 2010 TO THE Nipa Thai restaurant at the Royal Lancaster Hotel last week for a spicy mid-week lunch feast, where our diners whetted their appetites with two bottles of Louis Roederer Cristal Brut before gorging themselves on traditional Thai delicacies. They started with soups, soft shell crab and fishcakes, moving on to sample sweet and sour seabass, [...]
Opening gains likely as winning streak continues September 26, 2010 ANOTHER positive open is expected for UK shares this morning, following on from a fifth straight week of gains. GFT is quoting the FTSE 100 index to open up 10 points from Friday’s close, at a level of 5,608. The German DAX 40 is expected to open up 12 points at 6,310, and the French [...]
WALL STREET WEEK AHEAD September 26, 2010 US stock investors will head into this week wondering if September will end as strongly as it began for the market, with manufacturing and personal income data among the top indicators on tap. The data will be watched for further clues on whether the economic recovery is still on track and to see if the [...]
As Eurozone banks tighten purse strings, Euribor rises September 26, 2010 WITH the spread between Irish and German bond yields even wider than it was during May, speculation is rife that the Eurozone crisis is about to re-emerge with a vengeance. A run of terrible data has not helped matters: on Friday, Irish GDP was revealed to have shrunk 1.2 per cent in the second quarter [...]
Is your broker trading against you? September 26, 2010 MANAGING DIRECTOR, FXCM FOREX TRADING in the UK has become extremely popular with increasing demand for improved trading platforms and trading services. Many people trade FX via their spread betting or CFD provider. However as retail traders become increasingly sophisticated will the classic spread betting offering be enough for the man on the street? No [...]
A tarnished outlook for base metals September 26, 2010 UBS SHOCKED short-term traders on Friday when it issued a report calling time on copper’s upside. Spread betters should take note of the conditions facing industrial metals and consider switching to precious ones. UBS’s research says that the global environment in the fourth quarter will not sustain the big mining companies’ Antofagasta and Kazakhmys’ current [...]
THE TIPSTER September 26, 2010 HEDGE fund manager Man Group’s share price has been hovering just above the £2 mark for some time but it still yields the biggest dividends of any stock in the FTSE 100. Its trading update tomorrow might help to drive the shares higher. Capital Spreads offers 220.7p-221.3p. Last Monday, this column recommended selling bookmaker William [...]
TECHNICAL ANALYSIS GURU September 26, 2010 CHIEF TECHNICAL ANALYST sandy.jadeja@cityindex.co.uk Q. Dear Sandy, the FTSE 100 seems to be struggling. Will the index fall this week? A. Over the past two weeks the FTSE 100 has struggled to break above the resistance level of 5,610. This is suggesting that the index may be weak. When we see a market reach a [...]
Off-piste: the pre-snow joys of Chamonix September 26, 2010 ASK MOST people what comes into their head when you mention Chamonix, and they’ll say skiing. But the mountain capital of the world has much more to offer, especially when the snow disappears from everywhere but the highest peaks. Home to over eighty nationalities – making it one of the most multicultural places in France [...]
TRAVEL NOTES September 26, 2010 Ambeo Jets’ new Park Lane check-in Europe’s number one private jet company just became even sleeker with the opening of a check-in lounge at supercar dealership Excalibur on Park Lane. Passengers will be able to check in and drop off luggage – oh, and have a glass of Pommery – before being whisked to the [...]
