Summers exit trumps fears of taper September 16, 2013 But uncertainty surrounding the nomination of the new Fed chair will mean volatility for stocks in the future LARRY Summers, former US Treasury secretary, is out of the race to replace Ben Bernanke as Fed chair. In reaction to the news, the MSCI All-Country World Index rose yesterday by 1.1 per cent to its highest [...]
CNBC Comment: Guidance disbelief may force Bank action September 16, 2013 IT’S ANOTHER big week for UK economy watchers, as questions remain about the quality and sustainability of the current rebound. After a miserable 2012, more optimistic economic forecasts should be warmly received. But there’s still doubt about whether a recovery that’s been helped by housing and a consumer upturn can lead to strong investment-led growth. [...]
Daily FX: Analyst picks September 16, 2013 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long Kiwi-dollar, long Kiwi-yen, looking to exit long dollar-yen Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few weeks Dollar-yen has chopped sideways and opened the week lower on news that Larry Summers would not become the next Fed chairman. Weakness related [...]
Who said Volvos were boring? September 16, 2013 Volvo’s new V60 Plug-In Hybrid is proof that sensible and cool are not mutually exclusive THERE was a time when the Volvo estate was thought of as the most sensible car imaginable, a large, boxy family vehicle parked outside a semi-detached house on a suburban cul-de-sac awaiting its sole function; ferrying children about as safely [...]
Not convinced by the Volvo V60 Plug-In Hybrid? September 16, 2013 TAKE A LOOK AT THESE ALTERNATIVES BMW ActiveHybrid 3 SE, £40,560 A powerful hybrid at its fastest. BMW has combined a 306bhp 3.0-litre turbo petrol engine with an electric motor, so total output is a massive 340bhp. This translates into a 0-62mph time of just 5.3 seconds and a top speed of 155mph. Unless you [...]
How to win a promotion at work September 16, 2013 Land the job (and salary) you deserve by flaunting your skills, innovating, and socialising with your boss YOU SHUFFLE into your office on a blustery day, fidget into your chair, and check your emails. A message from the boss catches your eye. The subject line reads, “Can you see me in five?” His printer’s probably [...]
Moyes backs video panel to stamp out dive cheats September 16, 2013 MANCHESTER United manager David Moyes has called for retrospective punishment for simulation and admitted he may not be able to stop winger Ashley Young from diving again. Young was booked for going to ground against Crystal Palace on Saturday, the latest in a series of diving controversies to embroil the England international since his move [...]
Premier League: Liverpool back on top of the Premier League September 16, 2013 SWANSEA CITY 2 vs LIVERPOOL 2 LIVERPOOL returned to the top of the Premier League last night, but a second-half equaliser from Michu ended their perfect start to the season. Coming into the game on the back of three victories, the Reds fell behind in the second minute when former midfielder Jonjo Shelvey, who inadvertently [...]
Pellegrini won’t take Kompany fitness gamble September 16, 2013 MANCHESTER City captain Vincent Kompany could make his return from injury in the Champions League tonight against Viktoria Plzen, but only if he is 100 per cent fit, manager Manuel Pellegrini insists. The imposing central defender has been sidelined with a groin injury since City beat Newcastle 4-0 on the opening weekend of the season. [...]
Giroud doubt gives Wenger striker headache September 16, 2013 ARSENAL manager Arsene Wenger is facing a striker crisis ahead of tomorrow’s Champions League trip to Marseille. Top-scorer Olivier Giroud suffered a knee injury in Saturday’s 3-1 win at Sunderland to join the list of unfit forwards already unavailable to Wenger. Lukas Podolski, Yaya Sanogo and Nicklas Bendtner will all be absent in France, leaving [...]
