Analyst picks July 22, 2013 DailyFX CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long Aussie dollar-yen Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few weeks I maintain my bullish call on Aussie dollar-yen, despite no landslide victory in the Japanese election. But now that fiscal authorities don’t have carte blanche, the impetus to [...]
La Casa Negra Shoreditch restaurant review: achingly hip Mexican food with added attitude July 17, 2013 Street food. That’s a thing. Street food! Isn’t it great? It reminds me of that time I was travelling in Guatemala, and some indigenous people were just, you know, making food in the street, and it was all, like, totally authentic. Except that never happened. I’ve forced down slimy noodles in Tokyo; binned inedible grey [...]
Moody’s blues already anticipated by markets February 25, 2013 The loss of the UK’s AAA has shocked nobody WHEN Moody’s stripped the UK of its AAA rating on Friday, few were surprised. It is a move that the markets had been anticipating for months, and the lack of any significant market reaction shows just how much the decision had already been priced in. From [...]
The Tipster | Safe as housebuilders February 25, 2013 WHILE revenues are likely to be flat, traders expect Barratt Developments to report improvements in its margins tomorrow, which should help to boost profit levels. But the property developer’s shares have surged by nearly 70 per cent over the last year, leading some to declare that most of the good news is already priced in. Capital [...]
View from the City – It’s a bad time to sell off RBS stake February 25, 2013 WHILE you are ruminating over the content of today’s City A.M., earnings results from RBS on Thursday and Lloyds Banking Group on Friday will be approaching the top of the financial agenda. Although the “Black Horse”, was first to admit to wholesale miss-selling of payment protection insurance (PPI), it seems that it will be easier [...]
Don’t sneer at big bank bonuses February 25, 2013 CNBC COMMENT IT’S confession time. I had a major “senior moment” last week when, not for the first time, I completely misunderstood a piece of eminent academic research. The piece in question was about banker pay. Brilliant, I thought, here’s a piece of hard research that confirms that bankers are still making and generating vast [...]
STK does a belter of a rib eye – if you can stand the club atmosphere February 6, 2013 Primal Scream frontman Bobby Gillespie once said: “All vowels are fascist, man, everyone knows that”. It’s a sentiment that obviously chimed with the owners of US steakhouse chain STK, which has just arrived at the ME London hotel. This isn’t just any old steakhouse, though. Oh no, this is a “female friendly” steakhouse. Female friendly. [...]
French downgrade wasn’t unexpected November 21, 2012 MOODY’S downgrade of France this week was hardly a surprise. Although blamed on the risk of Greece leaving the Eurozone, France’s structural challenges – its declining competitiveness, high unemployment, public debt and market rigidity – have long been worsening. The Eurozone crisis has only highlighted a more gradual decline in the country’s ability to compete [...]
Utah: America’s secret scenic wonderland October 1, 2012 Touching down at Las Vegas airport at 9pm, we made a classic mistake. Predicting we’d be fine to drive the two-hour journey to our hotel after a refreshing Diet Coke and a few rounds of Blackjack at the Mandalay Bay, we didn’t expect to find ourselves deliriously sleep-deprived, jetlagged to the max and sans sat-nav, journeying [...]
Utah: America’s secret scenic wonderland October 1, 2012 Touching down at Las Vegas airport at 9pm, we made a classic mistake. Predicting we’d be fine to drive the two-hour journey to our hotel after a refreshing Diet Coke and a few rounds of Blackjack at the Mandalay Bay, we didn’t expect to find ourselves deliriously sleep-deprived, jetlagged to the max and sans sat-nav, journeying [...]