BUY BSKYB, INTERIM NUMBERS & CEO INSPIRE CONFIDENCE - 31st January 2013
Anyone conducting a study of the recent history of the financial markets would have been transported through sub-prime mortgage meltdowns, the credit crunch, double-dip recession fears, the EU sovereign debt crisis and finally at the end of 2012, what is known as the Fiscal Cliff. The financial press can always be relied on to provide a smart turn of phrase for every occasion, and certainly ‘Fiscal Cliff’ doesn’t disappoint, although perhaps it does understate a potentially cataclysmic event. But actually the term Fiscal Cliff didn’t originate from a creative hack. It came from a source no less venerable than Ben Bernanke, the Chairman of the Federal Reserve, when in his efforts to describe the negative outlook for the start of 2013 he said the U.S. was set to suffer what could only be described as ‘quantitative tightening’ as USD600bn would be sucked out of the economy on a single day.
Establishing the best strategy for individual equities in November could prove to be a tricky exercise. It may be best to look at the underlying drivers, primarily the influence of QE3, as well as the current state of the Eurozone. The early October weakness can probably be attributed to a combination of investors playing safe ahead of the U.S. Q3 reporting season and a cooling off in the aftermath of all the central bank intervention during September, but as the overall pattern appears to be for a ‘risk on’ approach we should continue to assume this stance despite the headwinds of 2013 fiscal cliff and Euro breakup jitters.
Introduction and WARNING
A Markets Masterclass
If the first time you heard about any of the below news stories was in the 6 o’clock news or the broadsheets, you probably have.
Prime Markets - Trading Ideas For August 2012
Over the past decade the Shares Awards have established themselves as one of the most widely watched benchmarks of excellence and innovation across the financial services community.
Prepared by Richard Curr - Head of Dealing.
We are immensely proud to announce that Prime Markets is shortlisted as a finalist for the Best CFD Advisor 2012 in the MoneyAM Online Finance Awards this has surpassed our wildest expectations.
The aim of the Money AM awards is to recognise the innovative and high quality of service and products from companies in the online world of finance. The MoneyAM Online Finance Awards are in their fourth year, and we ask you to nominate us in two categories:
Download the new SaxoTrader app for your iPhone or Android, keep up with market movements and trade wherever and get real-time quotes on the markets.
London, 20th March 2012, Prime Markets a boutique style brokerage dedicated to providing a professional and personalised service to clients is proud to announce the City of London Wealth Management Award for Best New Company.