US stocks rally should lead to seventh FTSE gain September 5, 2010 THE rally in US stocks to close at session highs on Friday should set London’s blue chip share index up for its seventh consecutive session of gains today. GFT is quoting the FTSE 100 index to open up 16 points from Friday’s close, at a level of 5,444. The German DAX 40 is expected to [...]
WALL STREET WEEK AHEAD September 5, 2010 US stocks could start this week with investors feeling a bit more optimistic about the economy, due to a stronger-than-expected jobs report, making further market gains more likely. Friday’s nonfarm payrolls report was the latest of the week’s data to suggest the economy may not be headed for another severe downturn, as many investors have [...]
FTSE reshuffle offers traders tight spreads and volatility September 5, 2010 THE quarterly reshuffle of the FTSE 100 is due this Wednesday after the market close. Companies will be thrown into or out of the financial first division and spread betters should be ready. The changes can spark both immediate volatility and longer-term opportunities upon which traders can capitalise. The review ensures that the UK’s leading [...]
Three stop losses to protect profit September 5, 2010 THE markets are going through a volatile period, offering opportunity to spread betters, but also dangers. Traders should not be deterred by the risks but this is a good moment to revisit the tools that can help. Stop losses are an essential insurance policy, guarding against runaway losses if the market suddenly swings against you. [...]
THE TIPSTER September 5, 2010 WITH gold trading at $1,246, it feels like it has already had most of its upside factored in. Silver looks much more attractive at $19.72, which is well off its highs of $21.35. WorldSpreads offers a $19.71-19.74 spread. It has been a difficult time for food delivery firm Ocado since its flotation, with shares falling [...]
SPREAD BET GURU September 5, 2010 MARKET STRATEGIST josh@cityindex.com Q. Dear Josh, is September usually a poor month for stock markets? A. According to research by MarketWatch, since the formation of the Dow Jones Industrial Average, the stock index has lost an average of 1.13 per cent in the month of September. By comparison, the index has gained an average of [...]
Canada’s coolest city is both French and friendly September 5, 2010 THERE’s a good reason why Montreal is known as Canada’s party town. Quebec’s capital – the capital of French Canada – bills itself as the festival capital of the world. Every year there are dozens of festivals celebrating anything and everything. But it’s not just the likes of the Montreal Jazz Festival, the Anarchist Book [...]
TRAVEL NOTES September 5, 2010 Austria’s hottest new lake hotel Already the stomping ground of Europe’s holidaying elite, Lake Wörthersee will become substantially cooler with the opening of the super swanky (and insanely named) Lake’s – my lake hotel. Set at the foot of the Southern Alps in Pörtschach, it overlooks the lake with a sheer-glass façade and has a [...]
Rooney storm hangs over England September 5, 2010 Allegations about striker’s private life overshadow bid to maintain strong start to Euro 2012 qualifiers IF ENGLAND manager Fabio Capello was approaching tomorrow’s Euro 2012 qualifier against Switzerland with a spring back in his step following a resounding win over Bulgaria it would have quickly vanished yesterday. Lurid Sunday newspaper allegations regarding Wayne Rooney’s private [...]
Murray out after epic Wawrinka clash September 5, 2010 BRITAIN’S Andy Murray crashed out of the US Open last night after a dramatic third-round defeat to Switzerland’s Stanislas Wawrinka. Limping Murray twice needed medical attention at courtside before succumbing 6-7 (3-7), 7-6 (7-4), 6-3, 6-3 in an epic match that lasted three hours and 56 minutes. The Scot recovered from a shaky start to [...]
