Witching week to make a wary start September 13, 2009 With poetic timing, the FTSE finally did it. Almost a year to the day of the anniversary of the Lehman Brothers collapse, the London blue-chip index closed above the 5,000 point barrier on Friday after a tour de force week in which the market stormed up 160 points. The week ahead however is likely to [...]
Expect ups and downs in Asia for at least the rest of 2009 September 13, 2009 MARKET analysts in the US and Europe are persistently pointing out just how fast equities have rallied in the advanced economies over the past six months. But if you thought that the Western world has staged a miraculous stock market rally, you should look at the meteoric performance of Asian stocks. Asian indices were not [...]
Take a punt on the market outlook for bricks and mortar September 13, 2009 A YEAR ago, many housing market observers were predicting doom. Prices would keep falling well into 2010, they said. The market could take years to pick up. But how wrong they were. Just as we have seen in the stock market, things have turned round much more quickly than almost anybody thought. Mortgage lender Halifax [...]
GOLD’S HIGHS OFFER SELLING POTENTIAL September 13, 2009 JANE FOLEYRESEARCH DIRECTOR, FOREX.COMTHE market returned from its summer holidays last week with a hearty appetite for risk, undermining the US dollar so much that euro-dollar rallied into a new trading range and, unsurprisingly, boosting the price of oil and metals. What was surprising, however, was the surge in gold, which broke the $1,000/oz level [...]
THE TIPSTER NEW FINDS POWERING OIL AND GAS September 13, 2009 ACTIVITY in oil and gas companies has been going strong over the past few weeks, making a number of small and mid-caps ripe for a buy. Last week’s announcement that Desire Petroleum has managed to secure a rig for drilling in the Falklands Islands, where up to 3bn barrels of oil and gas may be [...]
Strap on your walking boots and head to the Dolomites September 13, 2009 FOR walkers, September means one thing: the last chance of the year to pull on those boots and get up into the mountains. “It’s not Switzerland,” sniffed my wife, when I suggested that we take a break form our usual stomping ground and head to the Dolomites in north Italy. Well, you can’t argue with [...]
BOLZANO: GATEWAY TO THE DOLOMITES September 13, 2009 BOLZANO was the subject of sniggering in Italy last month when it was rumoured that prime minister Silvio Berlusconi might be taking a trip there. The capital of the South Tyrol region, you see, is the site of the only sex addiction clinic in Italy. Whatever his reason for going there, Berlusconi could hardly pick [...]
Years of hard work yield success for London’s first couple of wine September 13, 2009 WHEN wine-lover Xavier Rolet, the new CEO of the London Stock Exchange, first saw the house known as La Verriere in southwest France in 1992, he knew he liked it. What he didn’t know was that the 100 acres of old, neglected vineyards on the mountainous property would become the site of a full-blown, deeply [...]
Four-match ban looms as FA prepare to hit Adebayor September 13, 2009 MANCHESTER CITY striker Emmanuel Adebayor is today expected to be charged over his behaviour in Saturday’s fiery clash with former club Arsenal and is facing the prospect of a four-match ban. The Football Association is poised to charge Adebayor with violent conduct – which would likely result in a three-game suspension – for a raking-studs [...]
Button hails his return to the podium at Italian GP September 13, 2009 BRITAIN’S Jenson Button toasted a return to form after his first podium finish in six attempts edged him nearer to a maiden world title at the Italian Grand Prix. Button had to watch as Brawn GP team-mate Rubens Barrichello took first place at Monza, and shaved two points off his lead in the drivers’ championship. [...]
