Euro Crisis

Oil prices recently fell sharply as weak economic indicators from China and Europe has reduced the overall demand, a situation that has even added to the growing doubts of investors over the debt crisis in Europe. Reports reveal that Brent November crude futures had declined in prices by $3.27 to $108.30 a barrel, while U.S […]

Gold is stalling and my only concern is that everyone seems hooked on Gold. We have a number of “hype merchants” trying to cash in on a never ending rally – I won’t mention any names but I would be interested in hearing from anyone who is involved. Gold continues to look a no-brainer. Even […]

The recovery from the 2008 financial crisis could take up to a decade Olivier Blanchard, Chief Economist of the International Monetary Fund, has argued. Citing concerns about the on-going Eurozone crisis and the debts of the United States and Japan Mr Blanchard said “it will surely take at least a decade from the beginning of […]

Spanish unemployment grew by 76,645 in September to reach a new total of 4.71mn. Reaching over 24.63% of the working population Spain’s employment figures saw shares across Europe fall by 0.4% on Tuesday morning with continuing bad news for the troubled euro currency by dropping under 1.29 to the US Dollar. Contrary to earlier press […]

Gloomy euro news was in no short supply this morning, backed up by official data. Spain looked to be on the brink of a Moody’s downgrade, while Greek state broadcaster Net TV claimed the country’s economy could contract by 3.8 per cent next year –  a much more desperate picture than the “flatline” the European Commission had previously […]

European markets fell sharply yesterday –  the FTSE 100 losing £23.2bn –  as fears rose about riot-hit Spain, and the unrest in other European nations including Greece and Portugal was widely reported. Austerity measures demanded by the European Union and the International Monetary Fund to resolve the debt crisis  are unsurprisingly unpopular amongst the already-stretched people...

I have never written about this company before but interim results out today from Qihang Equipment (LSE:QIH) are pretty shocking and at 14.75p, the £8.56 million market capitalisation appears to be a total joke. Yup, this is another Chinese stock which brings no credit to AIM. The company claims to be:  “a fast growing machine […]

Comments by Federal Bank official Charles Plosser late yesterday saw the QE3-inspired risk rally screech to a halt.Meanwhile, Greece was back in the spotlight this morning, massive strikes causing chaos to the country’s transport and health systems. Plosser said QE3 was unlikely to boost economic growth, his opinion causing markets to slump overnight. Meawhile, the ECB’s Joerg...

AIM listed Compliance software group Lombard Risk Management (LSE:LRM) has been a disappointing tip for me but could this be the year when it comes good? I think it might well be. I first tipped the shares back in January 2005 at 9.625p. Today they are 9.25p, valuing it at £23 million. But I can […]

Spanish bond auctions this morning went better than expected, stemming the immediate rise of bond yields. The Spanish government was thus easily able to delay its decision on whether to seek a full bail-out for yet another day. Markets were down this morning, however, due to fears about global growth, sparked by news the Chinese economy had contracted […]