Traders cautious as oil price may herald recession March 6, 2011 With fighting in the Middle East and North Africa intensifying, I expect a fairly flat open to stock markets in Europe this morning. GFT is quoting the FTSE 100 index to open unchanged from Friday’s close below 6,000, at a level of 5,990. Elsewhere the German DAX is called down 5 points at 7,173, and [...]
Information is a valuable commodity March 6, 2011 WITH the rapid and continuing expansion of spread betting in the UK, providers are continually seeking ways to differentiate themselves from the rest. One of the big ways that providers are trying to stand out is in the quality and range of the seminars and the education programs that they provide. David Jones, chief market [...]
THE WEEK AHEAD March 6, 2011 COMPANY NEWS ● Ireland’s biggest bookmaker Paddy Power will announce its end of year results on Monday. ● So will the financial spread betting and CFD provider IG Group. Both will be betting on good results. ● On Tuesday, Weir Group, founded in 1981 by descendants of Robert Burns, will hope to have engineered strong [...]
THE TIPSTER March 6, 2011 HOUSE builder Taylor Wimpey has recently posted profits ahead of expectations despite revenues staying unchanged. This has been put down to average selling prices increasing, which is a very pleasing sign for the firm which has seen a strong uptrend in share price since last December. Although the board remains cautious about the future it [...]
You can cash in on placid markets too March 6, 2011 REMEMBER the first time you heard the excitement around non-farm payrolls; the fuss that pushes back Friday afternoon drinks? Most do, and it’s not until you realise they’re a big deal and can set the market alight that you too start to get excited by them. Trading the dollar and American stock indices always seem [...]
TRADING TIPS FROM THE FRONT OFFICE March 6, 2011 CONSULTING ANALYST, INTERTRADER DID you ever see the trading pit scene from the film “Trading Places”? Well in real life it is every bit as crazy and then some. In 2007, I visited the oil pit in New York. I got some rather unusual trading advice from a 20-year veteran of the pits. The floor [...]
Britain’s next generation needs to be powered by entrepreneurial energy March 3, 2011 IF WE had a thriving entrepreneurial economy,” says Peter Jones, the BBC Dragon, “the speed we’d come out of the downturn would be transformational, but our culture does not encourage it. We need to get serious about inspiring young people to set up businesses.” He isn’t wrong about our culture. Britain is lagging behind. We [...]
Five tactics for dealing with Schwarzenegger-sized egos March 2, 2011 YOU can’t be successful unless you can persuade people to do what is in your interests, but often before you can persuade them, you have to defuse their prickly egos. Chris St. Hilaire has dealt with some of the trickiest around – he worked as a communications strategist on Arnold Schwarzenegger’s campaign to become governor [...]
Hard work, not sisterhood, breaks the glass ceiling March 2, 2011 LATEST figures show that only 12 per cent of FTSE100 directors are women, or 5.5 per cent if you exclude non-executives. There has been much talk about a male conspiracy to keep women from having a seat on the board – and there is some basis to the assertion; people tend to hire in their [...]
ASK THE GURUS ARE DUVET DAYS ACCEPTABLE? March 2, 2011 Steve Leeson Operations Director, Financial Services, Morgan McKinley If you take unapproved “duvet days”, bear in mind that you run the risk of damaging your reputation. Earning the label of “work-shy” or “skiver” can seriously affect how you are viewed by your colleagues and may harm your long term career prospects. There are more effective [...]
