New leaders may help China to boost growth November 5, 2012 THREE ghosts have haunted the global economy in 2012: the Eurozone crisis; the looming US fiscal cliff; and decelerating growth in China’s economy. But as worries over China lessen, traders will be relieved that one of these ghosts may soon be exorcised. After the speed of GDP growth began to decline towards the end of [...]
The economic outcomes of a close call election November 5, 2012 FX360 AS AMERICANS go to the polls to decide their President for the next four years, the race is at deadlock, with both candidates still in pursuit of every possible vote. Once the ballots have been counted in the early hours of tomorrow morning, it is hard to imagine that there won’t be some degree [...]
The Tipster | Come FlyBe with me November 5, 2012 EUROPEAN carrier FlyBe Group has been punished by high fuel prices and cooling demand from business passengers. Shares have slid by almost 30 per cent in the last 12 months, and traders will be looking to Thursday’s interim statement for guidance on how the company expects to benefit from its partnership with the Nordic carrier [...]
How the dollar could predict the US victor November 5, 2012 Forget the exit polls and track how the greenback reacts tomorrow TUSCAWARAS. Volusia. Arapahoe. Investors looking for early signs of the outcome of the US presidential election tomorrow will want to scrutinise results from these three swing counties in Ohio, Florida, and Colorado respectively. Or they could just watch the dollar. The dollar, rather than [...]
Raft of firms set to release figures as Bank debates if more QE needed November 4, 2012 THE biggest question for UK investors this week is whether the Bank of England’s Monetary Policy Committee (MPC) will opt for more quantitative easing. The decision, which will be announced on Thursday, comes after strong jobs and GDP data. “Strong third quarter GDP data suggested that underlying growth was slightly stronger than previously thought and [...]
US traders are poised to hear election result November 4, 2012 REGARDLESS of the results of tomorrow’s US presidential election, the next four years will be a tough act to follow from Wall Street’s standpoint. The benchmark Standard & Poor’s 500 Index has rallied 66 per cent since President Barack Obama took office – one of the most impressive runs ever for stocks under a single [...]
Give yourself a bit of credit November 4, 2012 OVER £12.6bn was spent on credit cards in September 2012 alone. They’re a convenient way to manage your expenses — you can spread the cost of large purchases, give yourself an extra layer of protection against fraud, and they could help you build up a good credit history if used sensibly. But given the size [...]
How financial advice regulation will affect all UK retail investors November 4, 2012 THE Retail Distribution Review (RDR), which comes into effect on 31 December this year, will transform retail investment. The Financial Services Authority (FSA) introduced RDR to better protect consumers. It aims to help investors understand the costs associated with financial advice, and to improve its quality. However, it will require investors to be more proactive [...]
Introducing the FSA’s new investment rules November 4, 2012 EXECUTIVE CHAIRMAN, GEKKO JUST over six years ago, the Financial Services Authority (FSA) announced a review of retail investment, with the aim of identifying and addressing the root cause of problems that continued to emerge in the market. Called the Retail Distribution Review (RDR), it’s a key part of the FSA’s consumer protection strategy. But [...]
Consumer and jobs data sees equities leap November 1, 2012 THE S&P 500 scored its best day in seven weeks yesterday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy’s devastating sweep through the US Northeast. Technology and materials sector shares led the advance in a day of mostly average volume. About 6.7bn shares changed hands on the [...]