THE TIPSTER July 7, 2010 GOLD has sold off sharply although rather than the usual risk appetite explanation, fingers are pointing towards central banks offloading the asset to the Bank of International Settlements. However, with the risk a double-dip still looming, there’s no shortage of reasons why the foray below $1,200/ per oz will be short lived. The current IG [...]
WHAT DO YOU EXPECT FROM THE SERVICE SECTOR’S PURCHASING MANAGERS’ INDEX? May 31, 2010 JONATHAN LOYNES | CAPITAL ECONOMICS” “Service sector underperformance will probably continue for a few months yet. Service sector output fell less sharply than in these sectors during the recession, limiting the potential for a strong period of growth. The May survey is hard to predict, but it should edge up slightly.” PHILIP SHAW | INVESTEC [...]
ANALYST VIEWS: WILL DMGT CONTINUE TO OFFER GOOD VALUE? May 27, 2010 LORNA TILBIAN | NUMIS “We remain firm supporters of DMGT which has business to business businesses which are at least as strong as its rivals combined with best in class business to consumer assets. The group remains one of our key picks for 2010 and on our higher forecasts our target price increases from 579p [...]
Investec bad debts peak over first half November 19, 2009 SOUTH African bank Investec yesterday said profits dipped by a tenth in the first half, though it added confidence is starting to return and that impairments appear to have peaked. Operating pre-tax profit at the group fell 10.7 per cent to £216m over the six months to September, mainly due to a 62 per cent [...]
Manufacturing output in surprise drop June 11, 2010 Manufacturing output unexpectedly fell in April, official data has shown – suggesting Britain’s recovering economy got off to a slow start in the second quarter. Figures from the Office for National Statistics also showed producer input costs eased less than expected in May, although factory gate inflation slowed slightly more than expected. The ONS said [...]
FTSE knocked for fifth day as US results hit confidence July 20, 2010 BRITAIN’S top share index ended lower yesterday for a fifth straight session as generally disappointing US results hurt investor sentiment, offsetting strong gains from mining stocks buoyed by firmer metals prices. The FTSE 100 closed down 8.82 points, or 0.2 per cent, at 5,139.46, having fallen 0.2 per cent on Monday. TELECOMS HIT BY BUDGET [...]
FTSE knocked for fifth day as US results hit confidence July 20, 2010 BRITAIN’S top share index ended lower yesterday for a fifth straight session as generally disappointing US results hurt investor sentiment, offsetting strong gains from mining stocks buoyed by firmer metals prices. The FTSE 100 closed down 8.82 points, or 0.2 per cent, at 5,139.46, having fallen 0.2 per cent on Monday. TELECOMS HIT BY BUDGET [...]
the INSIDER June 3, 2010 On 1st June I normally have two things on my mind, firstly, “Where is my top hat?” and secondly, “So-and-so will be my Derby bet”. This year was different. Worryingly I have already found the hat and for some strange reason it no longer fits like a glove. I think failing hair follicles are the [...]
Bolger can land his second Oaks with Akdarena June 3, 2010 THERE is only one place to start when looking for a potential winner of the Investec Oaks; the master of Warren Place, Henry Cecil. He has won this race eight times in the past and has two live chances this afternoon with likely favourite Aviate and Timepiece. I tipped up the latter at 7/1 prior [...]
Sentance shatters consensus with call for rate rise June 23, 2010 A LONE dissenting voice in the Bank of England’s Monetary Policy Committee (MPC) this month urged for a hike in rates, the first time since August 2008 that such a call has been made. External MPC member Andrew Sentance, who has recently expressed disquiet about stubbornly high inflation in both MPC meetings and in the [...]