DON’T CRY FOR ME January 31, 2010 Argentina’s central bank President Martin Redrado has resigned after a standoff with the government over its plan to use $6.6bn (£4.1bn) in reserves to pay debt due this year.
Toyota finds a way to unstick pedals January 31, 2010 TOYOTA, the carmaker, has come up with a solution to fix the millions of cars it recalled because their accelerator pedals could become stuck, dealers and a US federal official have said. Word of the move came as French car maker Peugeot said it was recalling cars it built with Toyota at a plant the [...]
Boost your trading toolkit by watching moving averages January 31, 2010 FUNDAMENTAL traders have been speculating for some time about two trends: a resurgent greenback and an asset price bubble in China. And, if the technical analysis is correct, confirmation of both these moves came at the end of last week. On Wednesday, the US dollar index – which is a measure of the US dollar [...]
George Soros is wrong to say that gold hasn’t got much higher to go January 31, 2010 GEORGE Soros, often known as the man who broke the Bank of England, could find his title is about to change to the man who tried to break the gold vault. The billionaire investor spent last week at the World Economic Forum in Davos, Switzerland, where he said that gold was the “ultimate asset bubble”. [...]
THE TIPSTER January 31, 2010 FRIDAY’S upbeat house price data from the Nationwide was well received by home owners, but it might only last for the short-term. Whether the upward trend in home values can be sustained for any length of time is clearly open to debate. The prospect of rising interest rates threatens to squash demand as mortgage repayments [...]
There’s money to be made in London bricks and mortar January 31, 2010 ONLY a year ago, property prices were plummeting across the country. But news on Friday from mortgage lender Nationwide that UK house prices surged 1.2 per cent this month – the biggest monthly rise since August and a number that beat expectations of a meagre 0.3 per cent gain – was cause for optimism. The [...]
Markets likely to fall as uncertainty prevails January 31, 2010 European stock markets are headed for a major tumble this morning, as a sell-off on US markets gathered steam on Friday evening. GFT is forecasting the UK’s FTSE 100 to open down a hefty 90 points from Friday’s close, around 5,212. The German DAX is expected to open down 105 points at 5,590 and the French CAC 40 [...]
Antigua has a touch of Caribbean class January 31, 2010 GREY London Februaries can be hard to bear, which is why Antigua’s sun, sea, sandy beaches – and direct flights – make it a regular haunt for Brits in search of winter sun. This year there is a real buzz around the island, largely because of the re-launch of Rosewood’s Jumby Bay resort, which has [...]
A resort that leaves you feeling brand new January 31, 2010 NESTLING in warm Caribbean waters, sun-kissed Antigua washes over you, covers you in sunshine, and leaves you feeling as laid-back as the locals. The island is a prime wedding and honeymoon destination, but is also perfect as a place to turn over a new leaf. I’m used to spending my time off doing as little [...]
TRAVEL NOTES January 31, 2010 Venice for Valentine’s Still looking for a romantic getaway this Valentine’s Day? Kirker Holidays is offering four nights for the price of three at the four-star superior Liassidi Palace in Venice, a luxury boutique hotel a short walk from St Mark’s Square. Price from £528pp includes flights (London airports, with regional departures on request), hotel [...]
