As the new year approaches, City Index Chief Technical Analyst Sandy Jadeja summarises 2011, analysing the stock market from a technical perspective and gives his thoughts on the FTSE 100, Dow Jones, Gold, Crude Oil, EUR/USD exchange rate and what is likely to be in store for 2012 Sandy Jadeja, Chief Technical Analyst, City Index: [...]
The wealth managers’ Christmas stocking: Russian commodities, Italian corporate bonds, Unilever, New York apartment blocks, and a gold bubble At a 2012 investment outlook event, hosted by The Broadcast PR Business, a panel of wealth managers agreed on the Euro surviving (in the medium term only). They tipped global producers able to tap emerging markets [...]
World grain production fell, exacerbating a global food situation already plagued by rising prices, according to new research published by the Worldwatch Institute for its Vital Signs Online publication. Despite record rice and maize yields around the world, global wheat production dropped substantially enough to bring total grain output to just below 2008 levels. Maize, [...]
The Organization of the Petroleum Exporting Countries’ (OPEC) crude oil output jumped by 550,000 barrels per day (b/d) to 30.6 million b/d in November from 30.05 million b/d in October, mainly on higher volumes from Libya, Saudi Arabia, Nigeria and Angola, a just-released Platts survey of OPEC and oil industry officials and analysts showed. “The [...]