By Ben Turney. Well what a difference a year makes! This time last year and news that Spanish public debt was about to hit a new record would have sent markets reeling. Now, however, I expect them hardly to budge. The numbers out of Spain are truly awful. Unemployment is above 26% and youth unemployment…
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One of the benefits of writing a blog on finance and markets is that you have an excuse (if any were needed) to roam widely amongst the world of research and comment looking for points of interest. One such piece took my eye last night when I came across a tweet and related article about…
Twelve months ago, the Federal Reserve launched its third QE programme, dubbed “QE Infinity”. In American Football parlance, this “Hail Mary” was the last desperate attempt to create jobs and stimulate growth. A year later and things have apparently improved to such an extent that the Federal Open Markets Committee (FOMC) is on the verge…
A welter of RNS’s out this morning in relation to our recent Conviction Buy pick ZIOC. Zanaga Iron Ore Project advances on Staged Development basis Glencore Xstrata (“Glencore”) and Zanaga Iron Ore Company (“ZIOC”) (AIM:ZIOC) are pleased to announce a revised scope for the Zanaga Iron Ore Project (“the Project”), changed budgetary arrangements and the…
Risers: Imagination Technologies, up 9% The multimedia, processor, communications and cloud technologies company has signed a license agreement with MediaTek Inc., a semiconductor company for wireless communications and digital multimedia solutions. Shares react favourable, up over 9 percent after they announced they will receive license fees and royalty revenue from the agreement. Helical Bar, up…
Unprecedented state intervention in financial markets has perhaps been the one of the worst aspects of all that has happened in the last 5 years. Perhaps I have to be careful what I wish for here, but I am still a firm believer in the free market and feel this is one of the linchpins…
As regular readers, it is with a particular disdain that we hold any recommendations by our “friends” the squid, the disdain being reserved only for “Evil Knievil’s” tips too! Todays release that they have a 115p target on KAZ is, in our humble opinion, a sure fire Buy signal. As stated before – the record…
Investors have paused for thought in the wake of the markets incredibly strong run with Asian shares falling back slightly overnight, snapping an 11 day rally indicating that some feel that now is an appropriate time for some profit taking. The MSCI Asia Pacific Index climbed 6.4 percent this year through yesterday. Shares on the…
When gold surged to over $1,400 an ounce, I was still not a believer in its potential as a buying opportunity—rather, I thought it was more a trade against the possibility of an expanded conflict arising in Syria. The gold bugs were suggesting the time for the yellow metal was here again, and I even…
