FTSE slips as Eurozone downgrades sap confidence January 16, 2012 The FTSE 100 edged down in early trading as the Eurozone crisis sapped confidence with France losing its Triple A rating and Greece teetering on the brink of a disastrous default. Markets are now worried the Eurozone’s bailout fund, EFSF, might lose its Triple A rating after France, the fund’s second-largest guarantor, was stripped of [...]
Commodities fuel FTSE gains January 3, 2012 The FTSE 100 was off to a positive start this morning led upwards by commodity stocks which were boosted by strong data from China. Asian markets were given a lift as the official Chinese purchasing managers’ index indicated a rise in factory activity in December and London followed suit. Industrial metals such as copper rose [...]
GEOPOLITICAL THREATS TO 2012 TRADING January 3, 2012 AS THE currency markets opened for trading at the start of the new year, investors remained in a party mood, bidding up the Australian dollar, after PMI readings from the region printed better than expected. China’s official PMI Manufacturing report crossed back above the 50 boom/bust level, allaying concerns that the Asian giant was heading [...]
GEOPOLITICAL THREATS TO 2012 TRADING January 3, 2012 AS THE currency markets opened for trading at the start of the new year, investors remained in a party mood, bidding up the Australian dollar, after PMI readings from the region printed better than expected. China’s official PMI Manufacturing report crossed back above the 50 boom/bust level, allaying concerns that the Asian giant was heading [...]
The global battle for the internet is about to begin January 16, 2012 2012 is the year that freedom online will be challenged. In the UK and the US, proposals are being introduced for website blocking in the name of copyright and child protection. In America, the controversial Stop Online Piracy Act (Sopa) is already causing seismic protests. But in 2012 we will also see a push to [...]
Eurozone inflation steady at 3pc November 16, 2011 Eurozone inflation held steady at three per cent for a second month in October, the EU said on Wednesday, as oil prices pushed up the cost of living and complicated the European Central Bank’s role in dealing with the bloc’s stagnating economy. Now at a three-year high, consumer prices in the 17-nation currency area rose [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 11, 2011 FINANCIAL TIMES TNK-BP WARNED ON LEGAL ACTION Two of the independent directors in TNK-BP, the Russian joint venture of BP, warned the board that legal action by the company against either set of shareholders could destabilise the group, according to a letter seen by the Financial Times. In the letter addressed to Mikhail Fridman, TNK-BP’s [...]
US markets begin the year on a high January 3, 2012 STOCKS and the euro started the year with a sharp rally yesterday, boosted by better-than-expected global data and hopes the Fed could ease monetary policy further, even as crude surged on tensions between the US and Iran. A number of Federal Reserve officials believed economic conditions could “well” warrant a further easing of monetary policy, [...]
THE TIPSTER January 8, 2012 PLAYING ball on Tuesday will be Goals Soccer Centre – letting their fans have a peek at their post close trading update for the year. After seeing a sharp decline when the outdoor football centre reported a softer than expected trading period last time, can they move up the league with a better than expected [...]
THE TIPSTER January 8, 2012 PLAYING ball on Tuesday will be Goals Soccer Centre – letting their fans have a peek at their post close trading update for the year. After seeing a sharp decline when the outdoor football centre reported a softer than expected trading period last time, can they move up the league with a better than expected [...]