It is a key day today for European investors with the ECB holding its second interest rate meeting of the year. Investors’ eyes will be focused on the press conference following the announcement just after midday and they wll be looking for clues regarding the near term direction of European monetary policy given the relative…
Well, in complete contrast to the UK’s FTSE 100 which has stormed to new 5 year highs in recent weeks, that other bellwether of Great Britain – the good ‘ol pound has had a shocker of a start to the New Year. In just over 4 weeks it has fallen some 5% against the Euro…
7 Feb 2013 Cantor Opening Call The FTSE is seen opening around unchanged today UK Corporate Announcements Tui Travel states that it sees its 2013 underlying operating profit growth at the top end of the forecasts as it sees strong demand across key markets ICAP announces that its balance sheet remains strong as it…
We have mused in recent weeks that Apple could surprise the market with a large dividend increase or share buy back. Well, maybe we are barking up the wrong tree here but the movement in its liquid securities as we relay below could be a clue as to what is to come… According to its…
Link – http://www.marketwatch.com/story/goldman-sachs-top-10-stocks-with-upside-potential-2013-02-06?source=email_rt_mc_body Wonder how much of these their “prop” desk is selling today…
EMED Mining (EMED): 14.23p Although it has to be admitted that there has been plenty of near term noise on the EMED daily chart as far as the price action is concerned, the overall technical position, to me at least is surprisingly clear and concurs with the Conviction Buy Call that SBM placed on the…
Below is the full text from this morning’s RNS released by the current Board of Bumi. It is a pretty compelling statement in our opinion and although we believe the Bakries to have been upto all sorts of shady behind the scenes actions that has detrimented Bumi shareholders, the alternate proposal that Nat’s put forward…
6 Feb 2013 Cantor Opening Call The FTSE is seen starting the day up around 10 points higher UK Corporate Announcements Daily Mail states that trading is in line with the forecasts and details that it is rename its consumer group as DMG Media WS Atkins maintains its full year outlook and states…
FTSE DAILY In the past few weeks we have kept a close eye on the 2012 highs, as these had been a major resistance area, with added importance due to its close proximity with the psychologically important 6,000 level. We can see how the FTSE has pushed through the 6,000 level and through the cluster…
Bob Janjuah is a respected strategist housed at Nomura. His thoughts below are thought provoking & definitely worth reading for anyone positioned in this market at this point. 1 – The medium-term and the ‘1450/1475 rule’: Over the medium term – the first half or so of 2013 – I expect risk assets to rally with…
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