Jamie Caruana of the BIS The chief of the Bank of International Settlements (BIS), Jaime Caruana, believes investors are continuing to ignore the prospects for higher interest rates in their hunt for returns given the extended ZIRP policies of the world’s major central banks. He added that “the world is now more vulnerable to a…
by Dave Evans of binary.com Markets Hold After Ukraine Tragedy Markets were sold off heavily on Thursday following the tragic destruction of the Malaysia airlines flight over Eastern Ukraine. It was an airline from a country with no connection to the conflict, largely carrying delegates from the Netherlands to a conference on AIDS in Perth.…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Rare Earth Minerals (REM) Rebound off former June resistance at 1.18p. Implied partial / full retest…
FTSE 100 None reporting FTSE 250 Homeserve (HSV) – is trading in line with expectations. The UK business has made solid progress in the first three months of the current financial year, with a continued strong retention rate. The International businesses continue to deliver growth in customer numbers and secure affinity partnerships. SIG (SHI) – has…
Gold and silver prices pulled back sharply on Monday and Tuesday this week with the “reason” put out by market commentators that investors had become less concerned about major geopolitical issues in the Middle East (Syria, Iraq as well as Israel and Gaza) and the Ukraine. At the same time, they also seemed happy to…
The man the Daily Mail dubbed “The King of the Short Sellers”, Evil Knievil (aka Simon Cawkwell) is Britain’s most feared bear-raider. A big man with a bigger reputation, Evil Knievil famously made £1mn by short selling shares in Northern Rock during its collapse. He also uses his knowledge and experience to buy shares, often…
Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Tyratech (TYRU) Resumption of January / February spike. Initial 200 day moving average clearance. Implied June resistance target towards 15p over the next…
One of the big questions for the rest of the summer is if, and when, the great stock market meltdown will occur. But you could also ask, what happened to the melt “up” for crude oil? As recently as last month it would have been relatively easy to suggest a massive rally for the commodity.…
FTSE 100 Sports Direct (SPD) – underlying pre-tax profits up by 20% at £249.3 million for the year to 27th April. SSE (SSE) – confirms that its financial outlook for 2014/15 is unchanged from that set out in its financial results statement on 21st May. Land Securities (LAND) – has had a strong start to…
