THE TIPSTER June 7, 2011 AFTER Jean-Claude Trichet suggested the euro was overvalued, euro-dollar stalled yesterday. The euro remains sensitive to Greek debt issues, and the periphery of Europe remains in the spotlight. It is unlikely in the near team euro-dollar will make an attempt on the $1.49 May high. Traders should begin selling into euro strength for a medium [...]
Trichet’s words could lead to volatility June 7, 2011 FOREX.COM KATHLEEN BROOKS The markets have been embracing the euro with gusto this week. Partly this is a response to the weak US labour market data for May, but it is also due to expectations that the ECB will signal a rate rise in July when it meets on Thursday. The hawkish rhetoric from ECB [...]
FOREX ANALYST PICKS June 7, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Short Kiwi dollar-dollar, sterling-dollar and Swiss franc-yen Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week Underlying fundamental themes are starting to kick in – notably risk aversion is very early in a swell. I’ll keep an eye on risk-sensitive pairs through [...]
OMX Nordic shows warm growth in the snow and ice June 7, 2011 THE Nasdaq OMX Group is the world’s largest exchange company, listing 3,600 companies on exchanges in six different continents. It incorporates four Scandinavian stock exchanges, two of which are based in Stockholm, Sweden. The other two are in Copenhagen in Denmark and Helsinki in Finland, while there are also Nasdaq OMX exchanges in Iceland, Tallinn, [...]
Fall and rise of the Oslo Børs June 7, 2011 THE Oslo Stock Exchange, also known as the Oslo Børs, offers investors access to a range of products including equities, derivatives and fixed income instruments. Owned by Oslo Børs VPS Holding, it lists a number of global players and is of particular interest to investors keen on the energy, shipping and seafood sectors. A lot [...]
AN INNOVATIVE REGION THAT BRIMS WITH INVESTMENT OPPORTUNITIES June 7, 2011 SCANDINAVIA is a region known for its innovation and is home to plenty of well-known technology and energy companies. Although the Nordics are often overlooked, its laws and regulations are encouraging to investors and the region proposes some interesting investment opportunities. REGIONAL GROWTH Sweden, Norway, Denmark and Finland – all four markets belong to the [...]
MAJOR NASDAQ OMX NORDIC LISTINGS June 7, 2011 ● ERICSSON Telecommunications giant Ericsson is listed on the Stockholm exchange. Its business segments include networks, professional services and multimedia, as well as the joint venture Sony Ericsson, which produces mobile phones, accessories and PC-cards. The company’s turnover is 806.5m Swedish kronor, according to figures from Nasdaq OMX. ● NOKIA Last year, the mobile phone [...]
A motoring show for Londoners June 7, 2011 As a car hack I have spent an awful lot of time at international motor shows over the years. Sure they can be hard work, they’re often very busy and can get too big to afford you a really good overview on what’s going on. Ideally, it’s good to see rival cars close together to [...]
CAR TALK: MORE FROM MOTOREXPO June 7, 2011 JAGUAR CONVOY If you’d spotted the convoy of 50 Jaguar E-types travelling through London on Monday you’d already have guessed Jaguar is exhibiting at Motorexpo. The company is showing the fastest production car it has ever produced – the 186 mph XKR-S – at the Canary Wharf show, plus its most efficient Jaguar yet – the [...]
HARTSON: YOUNG BOSS BETTER FOR WEST HAM June 6, 2011 Ex- Hammers striker insists club should have hired an up-and-coming manager instead of Allardyce FORMER West Ham star John Hartson believes the east London club have made a mistake in appointing Sam Allardyce as boss, insisting they should have put their faith in a young up-and-coming manager. Barcelona gambled on the inexperienced Pep Guardiola three [...]