THE TIPSTER October 11, 2011 THE Aussie dollar has scrimmaged its way back to parity in the last week as the US dollar rally receded and risk appetite picked up again. Once again though, it is finding it hard to get over the line and yesterday almost fell back to $0.990. Look for the $1.000 level to hold as firm [...]
FOREX ANALYST PICKS October 11, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Short euro-sterling and Canadian dollar. Long sterling-dollar. Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week With France and Germany promising a “no holds barred” solution to Europe’s deepening crisis, my euro-dollar short is under extraordinary pressure. So while we haven’t closed [...]
A sound pound is nowhere to be found October 11, 2011 ALPARI JAMES HUGHES The pound has come back into focus at the start of the week after last week’s surprise announcement of further asset purchases by the Bank of England. Monday’s fall in sterling was in part due to MPC policymakers suggesting that the extra £75bn of QE announced last week could well be the [...]
A sporty but dependable combo October 11, 2011 It has been nine years since the Volkswagen Golf Cabriolet was last produced. Have you missed it? Since then the UK car market has flooded with convertibles and coupes with folding tin top roofs, so you’d be forgiven if you’ve not noticed its absence. But in that time the original Mk1 Golf Cabriolet has become [...]
CAR TALK October 11, 2011 RENAULT TWIZY Renault’s electric Twizy compact two-seater goes on sale in March next year. Designed for urban use, the Twizy will cost from £6,690 plus a monthly battery hire cost of £40. Capable of up to 50mph, it has a range of up to 60 miles around town and takes 3.5 hours to charge. VOLKSWAGEN [...]
Three weeks to a new, happy you October 11, 2011 Q. Why is it 21 days to a new you? A. There is substantial scientific evidence that it takes us about three weeks to establish new behaviours or habits. The brain is wonderfully plastic, in that it can learn new information and put down new neural networks in a relatively short space of time. The [...]
Europe to hit bans with tougher capital tests October 11, 2011 Europe’s banks will have to achieve a significantly stronger capital position under a quick-fire regulatory health check and may need to raise some €100bn (£87bn), banking and regulatory sources said. The European Banking Authority (EBA) wants banks to hold a minimum core Tier One ratio of seven per cent under a recession scenario, and those [...]
Goldman Sachs may post third quarter loss – Citi October 11, 2011 Goldman Sachs Group will likely record a loss in the third quarter, only the second quarterly loss in the Wall Street titan’s history, hurt by weakness across trading and investment banking, equity market declines and wider credit spreads during the period, Citigroup said. Citigroup analysts Keith Horowitz and Craig Singer, in a note titled “Taking [...]
Miners peg back FTSE as investors eye Slovak vote October 11, 2011 European shares slid this morning as investors eyed a key vote in Slovakia on whether it will back the Eurozone rescue package. The FTSEurofirst 300 index of top European shares was down 0.6 per cent while London’s blue chip index also edged down as miners opened weakly. Analysts said traders were cautious ahead of the [...]
House prices rise in August October 11, 2011 House prices rose by 0.6 per cent on a seasonally adjusted basis in August, the biggest rise since March, government data showed. The Department of Communities and Local Government said house prices were 1.3 per cent lower than a year earlier, the smallest annual fall since April, and taking the average price of a home [...]
