‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
WALL STREET WEEK AHEAD May 30, 2011 THE world looks a lot more dangerous than it did only a few months ago and US stock investors are starting to demand more for the added risk. With important manufacturing and jobs data due this week, it could start to get even riskier. That means nervous investors are likely to keep a lid on [...]
Emerging markets are big business for the UK May 30, 2011 BRITAIN’S diverse business and professional services sector makes up a vital, under-recognised part of this country’s economy. Ranging from accounting and credit information to recruiting and management consulting, its companies are leading their competitors in capitalising on the development of emerging markets. AT THE VANGUARD The financial director of Hays, Paul Venables, says emerging markets [...]
SAFETY IN THE WORKPLACE IS A KEY SERVICE May 30, 2011 IT SEEMS obvious for an insurer to say this, but health and safety matters. It saves many lives every year. It provides insurers and brokers with a reference point from which risk management strategies can be developed. At the same time, there has been misinterpretation and misapplication of health and safety law – and this [...]
From banking to betting: the gamble that paid off May 30, 2011 IF YOU didn’t have a dot-com idea at the end of the 90s, people looked at you in a slightly odd way,” says Ed Wray, the co-founder of Betfair. After eight years in the City at JP Morgan, he reached the role of vice president on the debt capital markets desk before finding his dot-com [...]
IPO INVESTORS VENT FACEBOOK FRUSTRATION May 30, 2011 FACEBOOK does curious things to people. Most recently, it has caused frustrated investors unable to get a slice of its profits to look to other social networks for gratification. When LinkedIn made its debut on the Nasdaq this month, within two days it was valued at $10.1bn (£6.2bn). In other words, a business that is [...]
ENTREPRENEURS NEWS | IN BRIEF May 30, 2011 ORDERS GROW AT FASTEST RATE IN 16 YEARS Last quarter the UK’s small and medium-sized manufacturers saw the volume of orders at home and abroad grow at the fastest rate in 16 years, leading to another solid rise in output, said the CBI this week. But the business group warned that smaller firms are being [...]
BARCLAYS MAKES HAY AS THE PLOT THICKENS May 30, 2011 THE PLOT thickens at the Hay Festival, with news that Camilla, Duchess of Cornwall will be making an appearance today at the famous literary event. But Camilla isn’t the only surprise addition to the programme at the Hay-on-Wye books festival. Next Saturday, Wikileaks founder Julian Assange will make a rare public appearance when he gives [...]
Trading your charts for the fundamental view May 30, 2011 REAL-TIME prices can provide fundamental insights hard to find by just studying the charts. For instance, you may have noticed that the equity markets are playing the “risk on, risk off” game continuously at the moment. If you haven’t, then it’s something you should know about. Catching the swings in the equity markets relies on [...]
SELL IN MAY AND GO AWAY STILL HOLDS May 30, 2011 EARLIER this month, the FTSE 100, German Dax and major US stock indices were trading at multi-year highs. They all hit levels last seen when the financial crisis took hold in early 2008. But these indices have struggled over the past few weeks, pulling back around 3 to 5 per cent. This could be a [...]
Five key barometers that every trader of CFDs should monitor May 30, 2011 WHATEVER you plan to trade, David Morrison, CFD market strategist for GFT, suggests these five indicators to help gauge market conditions. 1. DOLLAR INDEX Since 1973, this index has tracked the strength of the dollar against a basket of other major currencies, including sterling, yen and the Swiss franc. Benchmarked initially at 100, it has [...]