FTSE hits a three-month low as Japanese disaster deepens March 14, 2011 THE FTSE 100 share index hit a fresh three-month closing low yesterday, with some sectors seen vulnerable to further falls as the extent of the damage in Japan after the earthquake and tsunamis becomes clearer. Luxury goods firms such as Burberry Group and insurers including Aviva and Catlin Group were among the top fallers as [...]
Wall Street suffers in quake aftermath March 14, 2011 US stocks fell in the wake of Japan’s devastating earthquake yesterday, but other than specific industries such as nuclear power, the broad impact on equities was expected to be short-lived. Trading volume was unusually low compared with other sell-offs, coming in at 7.68bn shares traded on the New York Stock Exchange, the American Stock Exchange [...]
Uncertainty hangs over Japan in wake of quake March 14, 2011 THE Great Kanto earthquake struck Japan in 1923, killing over 100,000 people. In consequence, one day every September, children train for the next earthquake. Tragically, last Friday that training was once again put to use. On Monday, the Nikkei index slumped 6.18 per cent, with the prospect of further falls over the coming days. Sentiment [...]
GOLD REMAINS THE ULTIMATE SAFE HAVEN March 14, 2011 CFD MARKET STRATEGIST, GFT LAST week brought up a host of challenging issues for investors which seem likely to build in intensity, at least in the short-term. The terrible earthquake and tsunami which hit Japan on Friday has added to nervousness leading to a general loss of risk appetite. The sell-off in equities, the surge [...]
Events in Japan decide nuclear option’s future March 14, 2011 SINCE the impact of the earthquake that hit Japan last week, and the devastating effects of the tsunami that followed in its wake, the Japanese central bank has been throwing yen by the trillions into the economy to try and mitigate the disaster’s effects. At the same time, the government has taken a similar interventionist [...]
THE TIPSTER March 14, 2011 ANALYSTS are expecting Greggs’ final results tomorrow to show an increase in profit. Last year saw a boost for the bakers. However, rising commodity prices have been dominating the headlines this year. Cantor Index offer a daily spread of 479.1p-483.8p. CFDs in temporary power solutions provider Aggreko were popular on Monday as a result of [...]
Markets look to oil as well as quake March 13, 2011 INEVITABLY, traders will be keeping an eye on how the Tokyo market closes. The earthquake hit just before the cash equity market on the Tokyo Stock Exchange closed on Friday, but index futures traded in Singapore and then Chicago on Friday rightly indicated the benchmark Nikkei 225 index would open well below 10,000. The Bank [...]
How to cash in on other people’s junk March 13, 2011 I BET you have a cupboard’s worth of stuff that you could sell that you haven’t got round to doing anything about yet,” David Brackin says. “Most people do.” He’s probably right. This is how the Cambridge maths graduates became eBay entrepreneurs in 2004. “We set up the business because both Fraser and I weren’t [...]
Living up to your company’s promise March 13, 2011 DELIVERING on your brand’s promise might sound more fluffy than it is useful. But you would be mistaken. Customers’ perceptions of whether or not your business is offering them what they expected are bound to have an effect on profits. But how does one go about measuring this sort of thing, not to mention preventing [...]
Going for gold at the Cheltenham Festival March 13, 2011 THE Cheltenham Festival is the biggest betting event of the year, and sports spread betting firms like Sporting Index, Extrabet and Spreadex always go to town at this meeting. With four days of top quality racing, there are plenty of spread markets to get your teeth into, some lasting the entire festival and others focusing [...]