A pull back on gold is on the cards, or so the cycles say October 4, 2009 THERE seems to be a general consensus that gold is going to continue its recent powerful rally. All sorts of projected targets have been mentioned, from the not too far away $1,050 all the way through $1,200 and even as high as $2,300. Such elevated levels may eventually be reached but for the time being [...]
CONDITIONS IDEAL FOR THE AUSSIE October 4, 2009 JANE FOLEYRESEARCH DIRECTOR, FOREX.COMFOR most of the past 12 months there have been strong correlations in the market within the group of assets that are commonly described as “risky”. More recently there have been signs that many of these correlations are breaking down or weakening. This should not be surprising. It implies that investors are [...]
THE TIPSTER BAINTERIMS WILL CLARIFY ITS POSITION October 4, 2009 SHARES in Legal & General fell by more than 5 per cent on Friday after National Australia Bank moved to dampen talk of a takeover bid. The firm’s share price had risen to highs of the year of more than 95p before the fall. Will the price drop lower? ShortsandLongs.com has a rolling spread of [...]
Supermarkets to dominate this week October 4, 2009 It’s off to the supermarket this week, with Tesco and J Sainsbury both due to give investors a taste of how the year is shaping up. Tesco reports its interims tomorrow, which will include Tesco Personal Finance (TPF) as a consolidated entity for the first time. UBS expects the chain to indicate that it is [...]
Doubts about the pace of the recovery will soon surface October 4, 2009 After Friday’s weaker-than-expected US jobs data and ensuing sell-off in stock markets, doubts are creeping back in as to whether the global economic recovery can be sustained, and the risk of a double-dip recession, although low, is rising. There is a heavy dose of economic data and central bank policy announcements on the calendar this [...]
Going on safari is even better when you do it by balloon October 4, 2009 E ARLY morning in Kenya, Kilimanjaro is on the horizon, and we were driving across the dusty plains past the red-robed herdsmen on our way to begin our dawn safari. But this was no ordinary game drive, as we’d swapped the safety of our safari truck for a wide wicker basket, and were about to [...]
TRAVEL NOTES October 4, 2009 Bora Bora’s island havenSofitel Luxury Hotels has launched an enticing new resort that should be a serious draw for those on the lookout for a secluded tropical island. Sofitel Bora Bora Marara Beach and Private Island has luxurious bungalows on the white sandy beaches of Marara beach in Bora Bora, French Polynesia, or on the [...]
She came in as a scruffbag and left ready to conquer Goldman’s October 4, 2009 AT LAST, after a hideous year, firms are hiring again. But to stand out from the crowd stampeding back to the job market, you’ll need to do everything in your power to look the part. First impressions are the most powerful and can be near impossible to shift – so the interview is where you’ve [...]
TIPS DRESSING TO IMPRESS October 4, 2009 If your budget is limited, choose key items from seasons past that can be brought up to date with simple alterations – a brilliant way to spend less on must-have pieces. “Add a pair of platform shoe-boots,” says Slader, “or lace-up platform heels to a suit – both styles achieve a studious glamorous look. A [...]
Rafa expects Reds to rally after painful Blues defeat October 4, 2009 LIVERPOOL boss Rafael Benitez insisted his side were still in the title race despite watching them slip to a third defeat of the season yesterday, at Stamford Bridge. It is more than 40 years since a team has gone onto win the title after losing three of their opening eight matches, but the Reds chief [...]
