THE MULTIPLE SCHEMES TO DEFEND EURO December 6, 2011 AS THE European leaders meet for their summit tomorrow, currency traders will have only one question on their mind – can the Eurozone move towards greater fiscal integration? The European sovereign debt markets have become nothing more than a game of chipping away at the weakest link. As soon as officials cobble together a bailout [...]
THE TIPSTER December 6, 2011 THE rebound in Aussie dollar-dollar from the lows of the end of November has seen it rally over 600 pips, but has ran in to resistance at $1.0300. Support though is being offered by the former support/resistance lines going back over 12 months through $1.0200 so it is now trading in a very tight range, [...]
FOREX ANALYST PICKS December 6, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Long dollar-Canadian dollar and dollar-Swiss franc. Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week A coordinated liquidity pump by the world’s six largest central banks was enough to trip attractive short-risk setups from last week – but not generate a definitive [...]
The greener Z4 with little downside December 6, 2011 The high price of petrol now affects people who previously wouldn’t have been able to tell you the fuel economy of their cars. It seems that everyone is beginning to look for ways of reducing everyday costs and now we’re all looking to buy less thirsty and more frugal cars. This is straightforward enough if [...]
CAR TALK December 6, 2011 THE WEIRD AND WONDERFUL PIVO 3: IT CAN PARK ITSELF The Tokyo Motor Show usually excels at the weird and the wonderful and this year was no different. This is Nissan’s PIVO 3 concept, an electric microcar with all-wheel-drive, which has an electric motor at each wheel powering each wheel independently. The car can even [...]
New car sales down 4.2pc December 6, 2011 New car sales fell by 4.2 per cent on the year in November to 134,027 units, although registrations may now beat an earlier forecast for this year, the Society of Motor Manufacturers and Traders said on Tuesday. The SMMT said car registrations in the year to date were down 4.5 percent on the year at [...]
House prices dip December 6, 2011 House prices fell by 0.9 per cent in November, mortgage lender Halifax said on Tuesday, though it said it expected the housing market to hold steady in the coming months. House prices fell by one per cent in the three months to November compared with a year ago, weaker than the 0.7 per cent decline [...]
Villas-Boas: Team right behind me December 6, 2011 CHELSEA vs VALENCIA CHELSEA manager Andre Villas-Boas has dismissed suggestions of player unrest, insisting his whole squad is firmly behind him as he prepares for tonight’s season-defining match. Striker Didier Drogba called on his team-mates to rally behind the rookie boss following Saturday’s 3-0 win at Newcastle, in which midfielder Frank Lampard appeared unhappy to [...]
Downgrade bombshell puts brakes on FTSE gains December 6, 2011 The brakes were slammed on the recovery in European markets this morning after ratings agency Standard and Poor’s warned 15 Eurozone countries – including Germany – that they were teetering on the edge of a downgrade. Asian stocks and the euro fell after S&P piled pressure on a plan to solve the region’s debt crisis [...]
Defeat won’t spell end for Blues boss December 6, 2011 TONIGHT’S Champions League showdown against Valencia represents the biggest match of Andre Villas-Boas’s fledgling Chelsea career, but even were it to end in disaster I think Roman Abramovich would resist the temptation to sack him. Recent performances, particularly at home, hardly suggest Chelsea possess the wherewithal to contend with a hugely talented Valencia side, but [...]
