Tower Hamlets “intimidation-free zone” praised by voters June 11, 2015 Voters have been praising police in Tower Hamlets for keeping polling stations from being overrun with intimidating canvassers. In the hotly contested mayoral election – called after previous incumbent Lutfur Rahman was found guilty of electoral fraud and deposed – there have been widespread concerns that voters would be intimidated or obstructed from casting [...]
Global turbulence to rock UK: Trouble in the Eurozone, Fed rate hikes and a Chinese slowdown could hit markets June 8, 2015 Yesterday, the Confederation of British Industry (CBI) revised its UK economic growth forecasts to 2.4 per cent and 2.5 per cent for 2015 and 2016 respectively, down from 2.7 per cent and 2.6 per cent. It wasn’t troubles at home that concerned the business organisation. The CBI cited economic instability in Greece, a sluggish Eurozone, [...]
How to really make money from Bitcoin – CNBC Comment June 8, 2015 Are you putting all your life savings into Bitcoin, expecting the price to rally higher? Or are you taking bets on a price plunge using complex derivatives? Either way, I have a little tip for you. There’s another way to trade the controversial cryptocurrency and it involves new regulation from New York which was finalised [...]
Why the New Zealand dollar could bounce this week – DailyFX Tips & Picks June 8, 2015 With euro-dollar now turning a little stale, it’s worth shifting our focus onto the New Zealand dollar. Heading into the Reserve Bank of New Zealand interest rate meeting this week, New Zealand dollar-dollar is down by roughly 8.5 per cent since its April high. The backdrop for this decline has been expectations of a rate [...]
Greek crisis complacency has big risks – CNBC Comment June 1, 2015 Would you believe that 14 weeks have already passed since the Greek bailout extension deal was agreed? That’s about 2,352 hours of twists and turns, reform talks, rumours and misinformation. No wonder most analysts and investors admit to being bored. But is that boredom breeding complacency, and can investors dare to hope that this week [...]
Chinese equities – a steady bull market? Despite risks, stocks will continue to rise in coming months June 1, 2015 Despite a six per cent sell-off on Thursday, the Chinese equity markets made fresh gains yesterday. Shanghai’s CSI 300 index rose 4.86 per cent to 5,076.18, while the Shanghai Composite Index gained 4.72 per cent to 4,828.74, following a 136.9 per cent increase in the last 12 months. These gains came despite relatively weak market [...]
How the Fed will determine when to hike interest rates – DailyFX Tips & Picks June 1, 2015 IT WILL be an interesting week for those trying to figure out the Fed’s next move, and consequently for those trading dollars (as higher rates should increase demand for the greenback). Core personal consumption expenditures (PCE), non-farm payrolls, and the unemployment rate are all released. It’s these measures the Fed tries to control by raising [...]
US interest rate hike: Are emerging markets in for a bumpy ride? May 25, 2015 Developing economies are better prepared to withstand higher US interest rates. A slowdown in global trade and investment growth, as well as a fall in commodity prices are dominating the outlook for emerging economies. Major central banks – notably China, India, Indonesia and Turkey – have focused on cutting interest rates to shore up [...]
“Sell in May and go away, don’t come back till St Leger Day”: With a week to go, should you sell in May? – CNBC Comment May 25, 2015 You have a week left to make up your mind about what to do with your money. But don’t panic – there’s no reason to call your broker just yet. This countdown only applies if you believe the much-touted adage for investors, “sell in May and go away, don’t come back till St Leger Day”. [...]
Bet on winners –profitability is too often underestimated – Daily FX Tips & Picks May 25, 2015 ONE of the most basic pieces of advice that should be followed when choosing stocks to invest in is to make sure that the company you are investing in is making money. Of course, this should be quite obvious to all and sundry, but the reality is often very different. Over the years, I have [...]