Britons more bullish on jobs and outlook September 8, 2009 BRITISH consumers are more confident about the future economic situation and sentiment about the present has also improved, the Nationwide consumer confidence survey will say today. The survey indicates that all the confidence indices rose during August with the expectations index rising by three points to 94. The present situation index, which has generally been [...]
FED IS STILL FUELLING THE RISK TRADE November 18, 2009 JANE FOLEYRESEARCH DIRECTOR, FOREX.COM CAUTIOUS expectations for growth in the world’s major economies haave seen market commentators predict that risk appetite will be pared back over the coming months. But despite all this talk, the risk trade suffered only a brief decline following the shock rise in the US unemployment rate to 10.2 per cent [...]
THE TIPSTER MACRO DATA KEY TO THE WEEK AHEAD October 18, 2009 WITH a slew of macroeconomic data on the way, sterling-US dollar – otherwise known as cable – is sharply in focus this week. Although the pound made some solid gains at the end of last week, these may well be reversed on Friday when the UK third quarter GDP figure is released. Forecasts have been [...]
THE TIPSTER MACRO DATA KEY TO THE WEEK AHEAD October 18, 2009 WITH a slew of macroeconomic data on the way, sterling-US dollar – otherwise known as cable – is sharply in focus this week. Although the pound made some solid gains at the end of last week, these may well be reversed on Friday when the UK third quarter GDP figure is released. Forecasts have been [...]
QUEEN SENT FROM RUSSIA WITH LOVE November 17, 2009 FIRST there was Bobby George; the Bobby Dazzler, the King of the Bling, the first true bastion of darting glitz and glamour. Then, there was Andy Fordham. Thirty-one stone at his peak, hair down to his backside and regular consumer of 25 bottles of Holsten Pils before going on stage. Equally adored by his public. [...]
Starbucks drinks to a recovery September 2, 2009 IF the coffee business is a barometer of consumer confidence, things may be picking up for the UK economy. Starbucks UK boss Darcy Willson–Rymes yesterday told City A.M. that over the last couple of months its UK coffee shops have sold more on a like–for–like basis than the same period the year before. The lift [...]
Starbucks drinks to a recovery September 2, 2009 IF the coffee business is a barometer of consumer confidence, things may be picking up for the UK economy. Starbucks UK boss Darcy Willson–Rymes yesterday told City A.M. that over the last couple of months its UK coffee shops have sold more on a like–for–like basis than the same period the year before. The lift [...]
Mandelson extends scrappage scheme September 28, 2009 CAR industry bodies have welcomed the government’s decision to extend the cash-for-bangers scheme, saying it will help the ailing automotive sector achieve a lasting recovery. Business secretary Lord Mandelson announced at the Labour party conference yesterday a £100m extension to the scheme, which equates to 100,000 vehicles. He also widened the cut-off period to trade [...]
IMF: Revival will be quick October 1, 2009 THE UK’s journey out of recession will be quicker than previously thought, the International Monetary Fund (IMF) said yesterday. The international body revised its initial prediction of 0.2 per cent growth in 2010 to 0.9 per cent and also lifted forecasts for other economies, citing the effect of global stimulus measures, the return of consumer [...]
IMF: Revival will be quick October 1, 2009 THE UK’s journey out of recession will be quicker than previously thought, the International Monetary Fund (IMF) said yesterday. The international body revised its initial prediction of 0.2 per cent growth in 2010 to 0.9 per cent and also lifted forecasts for other economies, citing the effect of global stimulus measures, the return of consumer [...]