How to trade a potential Greek exit from the euro November 12, 2012 FX360 TODAY Greece goes to the market with a €6bn (£4.8bn) bond auction. The country is looking to pick up sufficient funds to pay back the €5bn that falls due on Friday. Although the budget cuts that were approved on Sunday should be enough to release another tranche of emergency aid, there’s still the outside [...]
The Tipster | Miner to hit a rock November 12, 2012 SHAREHOLDERS in copper miner Antofagasta have had a mixed year, with the current rally hitting a solid rock around the £13.50 mark. Although production updates point to continued progress, doubts still persist whether the company can meet its full-year target. A slowing Chinese economy continues to cast a long shadow over the share price. IG [...]
It is still not clear whether China’s new leaders will advance economic reform November 12, 2012 JUST days after the re-election of Barack Obama in the world’s biggest economy, China is deciding who will run the world’s second largest. For investors looking to put their money into this fast-growing market, understanding both the views and backgrounds of China’s new leaders is of the utmost importance. Hopes are high that this leadership [...]
Analyst picks for 13 November 2012 November 12, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long Aussie dollar-yen, euro-dollar and gold Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few days New trades were initiated on Friday, with the intention of looking for 1 to 2 per cent bounces from each. Although the risk environment has been [...]
Congress may kick the fiscal can off its cliff November 12, 2012 AS WE rumble towards 31 December, US policymakers seem to be doing little of substance to address America’s looming fiscal cliff. And unless making speeches about the problem is going to make it go away, it is highly likely that we will see the kind of market uncertainty that we last witnessed in the summer [...]
The rise and rise of the super gym: how to work out in style November 12, 2012 I remember a time when “posh gym membership” meant you were given a towel on arrival. Nothing so modest nowadays. We’ve moved on to scuba diving in your lunch hour, technology that allows you to measure and track every heartbeat and swim stroke, both in and out of the club, and chilled eucalyptus towels on [...]
Chrysan: lost in translation? November 12, 2012 RESTAURANT CHRYSAN 1 Snowden Street, EC2A 2DQ Tel: 020 3657 4777 FOOD **** SERVICE **** ATMOSPHERE ** Cost for two people with drinks: £160 A FRIEND of mine has recently taken up learning Japanese. So, last month, I found myself spending a surreal afternoon watching a Japanese detective drama series, Deka Kurokawa Suzuki, which really [...]
Why making a business out of wine is no mean feat November 12, 2012 THERE CAN be something very impersonal about buying a bottle of wine. You pull something off a shelf with a nice label and some fancy writing and take pot luck. Even if it’s delicious, you don’t really know a great deal about it. There may be a few uninformative notes on the back, perhaps a [...]
Some like it hot November 12, 2012 Hot punches are not in vogue. However, while it might not look as impressive as coolly flipping your cocktail down to freezing, a warm cocktail can better suit our intemperate climate. Even more tainted than the suggestion of a hot cocktail is the practice of making a punch. Punches are all too often the desperate [...]
FTSE 100 flat as market sentiment wanes November 12, 2012 The leading share index was flat in early trading, as market sentiment remained cautious as uncertainty over Greek aid talks and the US fiscal policy outlook was compounded by weak GDP data from Japan. Miners led the blue chip fallers in early deals. On the FTSE All-Share, energy support services firm Cape was down 35.12 [...]
