Property, Taylor Wimpey and the US dollar: Here are some of the best investments of 2015 December 11, 2015 Investing is always a bit of gamble, creating both winners and losers. So what did this year's winners invest in? There are no prizes for guessing property continued to provide investors with a sizeable return throughout 2015. Demand continued to pull away from supply at a dizzying rate. However, growth in London's Luxury market slowed slightly. Anyone who was lucky [...]
Erik Lamela hat-trick helps Tottenham to Monaco romp and easier path in Europa League December 10, 2015 TOTTENHAM HOTSPUR 4, MONACO 1 Tottenham manager Mauricio Pochettino hailed Erik Lamela after the Argentinian’s whirlwind hat-trick swept Spurs into the Europa League’s last 32 as group winners last night at White Hart Lane. Midfielder Tom Carroll scored the other – his first for the club – as the north Londoners continued their fine start to [...]
Oil rout and strong dollar pare gains – New York Report December 10, 2015 A slump in oil prices and fears over a strong dollar pared back gains in New York yesterday – although the indices did halt a three-day slide. The Dow Jones industrial average rose 82.45 points, or 0.47 per cent, to 17,574.75, the S&P 500 gained 4.61 points, or 0.23 per cent, to 2,052.23 and the [...]
Heathrow decision delayed: Government confirms deadline has been extended until next summer December 10, 2015 The government has confirmed that it will delay making a decision on whether to expand Heathrow Airport until at least next summer. In an announcement that sparked outrage among business groups, the government said that it "accepted the case for airport expansion in the south-east and the Airports Commission’s shortlist of options for expansion" but "more work [...]
After Brent crude dipped below $40 per barrel, do we have anything to fear from lower oil prices for longer? December 9, 2015 James Butterfill is head of research & investment strategy at ETF Securities, says Yes The risk with a lower oil price lies in its combination with Fed/Bank of England rate rises. Loan delinquencies in the energy sector are likely to rise as rates go up. The most recent oil and gas survey from IHS highlighted [...]
Oil and China hit Wall Street – New York Report December 8, 2015 CRASHING oil prices and fears over weak Chinese data yesterday pulled US stocks down in a choppy session. The Dow Jones industrial average fell 162.51 points, or 0.92 per cent, to 17,568, the S&P 500 lost 13.48 points, or 0.65 per cent, to 2,063.59 and the Nasdaq Composite dropped 3.57 points, or 0.07 per cent, [...]
Oil price drags on the FTSE 100 as airlines takeoff – London Report December 8, 2015 OPEC’S failure on Friday to agree to curb oil production weighed yesterday on the FTSE 100 index. The cartel failed to reach agreement despite a global supply glut and the strength of the dollar, which is leading to the collapse of global oil prices, with the resulting uncertainty hitting stock markets. The FTSE 100 closed [...]
Gordon Brown appointed to Pimco advisory board alongside Ben Bernanke and Jean-Claude Trichet December 7, 2015 Former Prime Minister Gordon Brown has been appointed to the Global Advisory Board at investment management firm Pimco. He joins the group’s team of advisers alongside former Fed chairman Ben Bernanke and former chief exec of the Government of Singapore Investment Corporation, as well as Anne-Marie Slaughter, president and chief exec of New America, and [...]
Why the dollar-Canadian dollar should rally higher December 7, 2015 With euro-dollar short positions blown out of the water on the back of the European Central Bank meeting last week, which pair can we work with to express dollar strength? Yesterday’s dollar-Canadian dollar high was the loftiest since September. This should not come as a complete surprise, as the pair is merely catching up [...]
Draghi has a major eurosceptic headache – eToro Tips & Picks December 7, 2015 The markets’ main focus is currently the likelihood of the first US rate rise since 2006 and the divergence of US and European monetary policy. Janet Yellen announced last week that the US economy has “recovered substantially” from recession. Friday’s figures showed 211,000 new jobs created in November. Yellen, Stanley Fischer and other FOMC [...]