As global growth retreats, in particular in Asia, demand for commodities is also dropping creating a surplus that is pressuring down prices. Iron ore, a commodity highly correlated with China’s growth, has seen its price in particular slashed by 45% since February last year as China’s growth has come off the boil. Copper in contrast…
You would think that with over £1 trillion of national debt, the government would start being rather more careful with our money! But apparently not, with yesterday’s revelation that the botched bidding process for the West coast rail franchise would cost taxpayers £50 million to repay the bidding costs of those taking part in the…
For more interesting research & professional Technical Analysis from Cantor Index click here to register for free. UK Corporate Announcements Halfords announces group Q2 retail gained 4.3% and that it has a good pipeline of new centres Victrex states that the positive trend growth in H1 has continued in H2 Carillion states that it is well placed…
I remember from the Million Dollar Traders programme a few years back on the BBC that one of the contestants plumped for a short in plumbing materials group Wolseley (WOS). The problem was that even at that time over three years ago traders were being carted away on bear positions in the stock, as apart…
The following paragraph caught my eye yesterday concerning the brand value of RIMM (maker of the blackberry) – “RIMM plummets to near bottom of global brand list. Interbrand said Tuesday that Research In Motion’s BlackBerry is now 93rd on its list of 100 most valuable global brands, down from 56th in 2011. It put the brand’s…
It’s an unbelievable four profit warnings in a row now for UAE based oil and gas engineering company Lamprellwith this morning’s latest missive. The shares are down yet another 33% at 74p after touching a low of 64p first thing and compared with a 52 week high of 366p after further project delays and additional…
Gold and silver have been boosted higher during the last few years as a direct consequence of central banks actions. In particular, the Federal Reserve (FED) has been engaging in a prolonged quantitative easing program, buying billions of dollars in Treasuries & mortgage securities in a desperate attempt to put the US economy back on…
The list of companies disappearing from the UK high street had one more victim this week with the demise of JJB sports and the loss of 4000 jobs. The number of high profile casualties over the last couple of years has been staggering as pressures have grown as a result of rising rents and…
Overnight press reports of comments from Terry Matthews, the Welsh originate and tech billionaire that RIMM would be more likely to recover if it finds a strategic partner to help defray expenses caught my eye today, particularly given the timescale that has now passed since RIMM CEO Thorsten Heins embarked upon his “corporate review” in…
Interested to learn about “pairs” trading – a trading style that we have covered extensively in our magazine that allows you to hedge out “market/systematic” risk and is used by many professional traders and hedge funds? A free seminar is being run by Cantor Index in the early evening of Monday 15th October at their…
