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Global News

The World Is Changing

18 Jun 2013 @ 02:29
“The world is changing” – one of the lines in one of the many Japanese anime that touches the state of global affairs and a few hours ago the world has witnessed the announcementof a landmark deal from four of the most powerful persons in the world – the President of the United States of the […]

FastJet Cleared for Takeoff

14 Jun 2013 @ 15:30
I can’t help but bring up the subject of FastJet (LSE:FJET) again.  As I have said before, it may not have the highest share price out there – not by a long shot – but this may be the best time to buy in.  Today, for the second time in a week, FastJet was the […]

Weekly currency roundup – A week of volatility for commodity currencies as Fed confusion sparked uncertainty

14 Jun 2013 @ 12:15
Pound Sterling At the start of the week the Pound weakened against the Euro and US Dollar due to a selloff of the currency and as speculation mounts that the US Federal Reserve will soon announce a slowdown of monetary stimulus.  The uncertainty over the Fed’s next move regarding its easing policies was the main […]

The yen strengthened as uncertainty grows into the investors

13 Jun 2013 @ 17:04
Japanese stocks weaken, as the yen begins to strengthen against the U.S. dollar. Last week, the Nikkei 225 index fell by more than 6.5% and this has allowed it to get into very bearish, so we could see further declines in the coming days. Because of this, the yen has started to strengthen against the […]

Is the Market Driving You Nuts?

13 Jun 2013 @ 14:55
Is the market driving you nuts?  Don’t feel bad.  You’re (probably) normal.  It’s the market that’s insane.  It’s days like today that it is especially fun to be writing around midday.  There’s so much frenzy, it’s like watching the rear end of a rat race. If you are still in a tither from last night’s news […]

“Eurozone to Contract Even Further” – World Bank

13 Jun 2013 @ 12:37
Stock markets in Europe entered the red territory in Thursday trading in response to the latest revision of the World Bank of the outlook in the 17-member single currency union of the Eurozone and of the global economy. Releasing its Global Economics Prospects, the World Bank said the Eurozone will contract even further – from […]

Glencore Xstrata's Got Talent - And Cash

12 Jun 2013 @ 15:04
If you are impressed with the performers on ‘Britain’s Got Talent,’ wait until you see the stars that Glencore Xstrata (LSE:GLEN) is bringing the to stage!  The Company’s share price, which has lagged since the merger, was up modestly this morning by 0.48% to 303.95, a 1.45 pence increase. As predicted back in April, many […]

Latchways' Heights: a Breath of Fresh Air

10 Jun 2013 @ 16:15
I like companies that operate quietly in a well-defined niche, don’t catch a lot of headlines, operate efficiently, provide an important service, fill a vital need, and pay a handsome dividend.  Latchways (LSE:LTC) is that kind of company. The share price of LTC was up by what some would call “a modest 2.41%” today.  But […]

Weekly Currency Roundup - A week of declines for the Aussie and US Dollars

07 Jun 2013 @ 17:25
Pound Sterling This week has been one of gains and upward momentum for Sterling. On Monday the Pound made gains against the US Dollar and edged upwards against the Euro after May’s manufacturing PMI data rose to 51.3 from the 49.8 recorded in April. A figure above 50 signals expansion. Construction data also boosted the Pound […]

Accendo Markets Weekly Roundup, 7 Jun 2013 - NFP beat + negative revision = non-event = good = status quo = relief rally

07 Jun 2013 @ 16:30
After all the recent fear and uncertainty that markets’ upcoming monthly ‘fixes’ might be reduced due to the dealer restricting supply on improved economic/labour market outlook, the major piece of data used to decide supply (NFP) came in at a level which was OK but neither good enough to intensify fears of restricted supply nor […]
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