European stocks declined for a fourth day signalling fears that the first quarter’s sucker’s rally (as it is very nicely put) is coming to an end. For those who still haven’t understood what a sucker’s rally is, this is that!
Stock prices have risen substantially (some over 80%) over the past 3 months but was this rise justified? [...]
EURUSD is higher at 1.3030 as the US Dollar lost a little ground against most currencies. Today sees the release of economic data that may give further clues on the need for another rate cut from the ECB.
Support & Resistance
Support at 1.2985 should hold to keep the short term uptrend intact and the [...]
Forex or Foreign Exchange Trading is an investment activity that has been around for a very long time. It is a worldwide market well known for its long trading hours (24 hours a day, except on weekends). It is also unique in terms of liquidity, a word so rarely heard in these credit crunched days… [...]
Carrefour announced strong sales figures for the fourth quarter and it is expecting a further 6-8% sales growth in 2008 and operating profit growth above that range. And that is excluding acquisitions – the retailer just bought a 75% stake in PT Alfa Retailandon in Indonesia for $72m!
A recent research report from major US investment bank has shown that low grade bonds have outperformed high grade, not only for the month December, but also for the whole year. However, the Merrill Lynch Global High Yield & Emerging Markets Plus index plunged to 2.59%, which is the second worst full year performance, since [...]
Far too often investment writers assume that their readers understand what a mutual fund is and they might be right; even if you don’t own any, you probably have heard so much about mutual funds already, that you might have an idea about what they are and how they work.
However, I would like to quickly [...]
It was an American gentleman named Charles K. McNeil that first incepted the concept of Spread Betting in the late 1930’s. This form of betting has gradually phased into the UK in the 1980’s.
Financial spread betting has accepted a lot of criticism but it’s definitely here to stay. Opponents of spread betting argue that it [...]
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