RAPID RESPONSES June 18, 2012 Grexit postponed [Re: Greece jumps out of the fire and straight into the frying pan, yesterday] Many of the reform measures in the Memorandum of Understanding haven’t been implemented and never will be. Part of Greece’s debt could be paid off by privatising the power utility, the two major ports and the railways. Unions, however, [...]
Why traders should not worry about Europe’s plight June 18, 2012 AS THE European markets shrug off another short-lived rally, it is not just the frequency with which the Eurozone is hit by bad news that is striking, but also the speed with which the European markets move from each brief rally to a return to their downward trend. News that Greece’s pro-bailout parties had won [...]
MARKETS LOOK TO THE FED FOR ITS NEXT POLICY MOVE June 18, 2012 Last Friday, equity markets were rallying on rumours that central banks were preparing for coordinated action, should the majority of Greek voters make the “wrong” decision and back the anti-bailout party, Syriza. Yesterday, the major indices gave up early gains following the news that Syriza came a close second to New Democracy. After all, although [...]
Labrokes betting on success June 18, 2012 OVER the coming months, Ladbrokes will be looking for favourable odds. The UK’s largest betting company is likely to benefit from a year packed with international sporting events. A heavily criticised decision to walk away from acquiring 888 Holdings may be a gamble set to pay off. The stock is on an uptrend, so a [...]
FXCM trading masterclass June 18, 2012 On June 22, FXCM will be hosting an exclusive spread betting forex seminar on automated trading – demonstrating the opportunities to simplify and maximise your trading experience using the FXCM platform. Taking place at the Grange Tower Bridge Hotel from 8am-10am, the seminar will look at automated trading as a way of taking the hassle [...]
Analyst picks for 18 June 2012 June 18, 2012 CURRENCY STRATEGIST JOEL KRUGER My pick: Buy dollar-Japanese yen Expertise: Technical analysis Average time frame of trades: 1 day to 1 week We continue to see this market very well supported into additional setbacks, with the greater risk of the formation of a major longer-term base, after setting record lows in 2011. As such, any [...]
Quit yoyo trading to help consume healthier profits June 18, 2012 A YOYO trader is one who shows the same destructive pattern as a yoyo dieter. After a series of successful trades, the yoyo trader suffers repeated losses. If not warned, he or she will get stuck in this pattern, often with detrimental results. But there is hope. About one third of UK adults are obese [...]
Can you dodge the reaper? June 18, 2012 In David Cronenberg’s latest film, Cosmopolis, Robert Pattinson’s billionaire asset manager undergoes a daily health check-up, including a rather grueling prostate exam, in an attempt to fend off any potential ailments. There are, however, more practical ways of staying abreast of your health. Medicine has reached a level where we can discern a baffling amount [...]
EPISODE 59 – A QUIET-ISH MOMENT June 18, 2012 If the Queen gets cross with someone, dad, can she just cut off their head?” “I don’t think the Queen’s ever actually cut off anyone’s head Noel.” “So does she have someone to do it for her? Like soldiers? And then she can watch. And laugh at them. And not get loads of blood all [...]
RUN FOR A REASON June 18, 2012 JAMES FATTAL, 25 MEDIA AND COMMS WORKER WHAT’S my max? The physiologist came through the door with news: “Your VO2 Max is 49”, he said, looking down at a clipboard. I studied his face for clues, something that would get me through the next few minutes, at which point I could go to the toilet [...]
