More steam left in the bond rally August 22, 2010 IT’S A case of how low they can go for bond yields. After another week marked by disappointing jobs and manufacturing data in the US, investors ploughed into the relative safety of government debt, pushing yields to record lows. But is this an opportunity for spread betters? While it’s true that bonds have been in [...]
THE TIPSTER August 22, 2010 WITH increasing demand for commodities and as emerging market consumers develop a sweeter tooth, the appetite for sugar continues to rise. ETX Capital is quoting the October sugar contract at $19.95-$20.00. With the outlook still uncertain in Europe, the euro has been struggling to keep up with the dollar. It is likely that the euro [...]
TECHNICAL ANALYSIS GURU August 22, 2010 CHIEF TECHNICAL ANALYST [email protected] Q. Dear Sandy, how could I have traded the decline in last week’s FTSE 100? A. In the previous article we discussed the use of pivots. If you were observing the FTSE 100 index you should have noticed three key points. On the chart (right) you will notice that firstly the [...]
Stocks set to stage a mild bounce August 22, 2010 THE FTSE 100 index closed at its lowest level since July 20 on Friday, but the early call from GFT is for bargain hunters to step in and lift the index back above the 5,200 level this morning. RETURNING BUYERS WILL FEEL PRESSURE GFT is quoting the FTSE to open up 13 points from Friday’s [...]
AUSTRALIAN MARKETS August 22, 2010 THE Australian dollar fell one per cent and bonds eased in early trade this morning after an inconclusive election appeared to have delivered investors’ worst fears — a minority government with power thrust on a handful of independent MPs. With neither of the major parties winning an overall majority in Saturday’s election to form a [...]
FTSE falls to lowest level in a month on US jobless figures August 19, 2010 BRITAIN’S top share index fell to its lowest close in a month yesterday, as weak US labour and other data cast further doubt on the strength of the global recovery and as oil stocks fell on lower crude prices. The FTSE 100 fell 91.58 points, or 1.7 per cent, to 5,211.29 points, the lowest close [...]
Wall St slips on fear growth has stalled August 19, 2010 US stocks plummeted to their lowest close in nearly a month yesterday as the latest batch of data amplified concerns the economy is stuck in neutral. The selloff was broad, with five stocks falling for every one rising on the New York Stock Exchange. Sectors most sensitive to growth were hit hardest. Manufacturers 3M, United [...]
The female art of planning August 19, 2010 BOOKSHOP shelves are overflowing with self-help guides, aimed almost exclusively at women. And sitting alongside the dating and diet manuals are copies of Savvy Investing for Women, Money Matters for Women: Getting it, Investing it and Enjoying it and A Man Is Not a Financial Plan: Investing for Wealth and Independence. This might, at first, [...]
A global approach to managing your wealth August 19, 2010 GOOD wealth management requires a holistic approach to your finances that coordinates everything from private banking to investments and even planning for retirement, ill-health and your children’s education. For expatriates, who may be constantly relocating, this is just as important and can be even more difficult to achieve. You don’t want to end up with [...]
PERSONAL FINANCE NEWS August 19, 2010 LOYALTY DOESN’T ALWAYS PAY Shopping around for a cheaper quote for your car insurance really does pay off, according to research from Which?, the independent product-testing and consumer campaigning champion. It surveyed nearly 2,500 consumers and found that more than a third accepted their original car insurers’ renewal quotes because they “couldn’t be bothered to [...]
