Tue 4th Aug 15, 15:18:49
(ShareCast News) - Charles Stanley upgraded Meggitt to 'accumulate' from 'hold', citing recent share price weakness.
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(ShareCast News) - Agricultural and food distribution company NWF posted full year results with profits on the rise but revenue down due to lower commodity prices. less than a minute ago
(ShareCast News) - UK will extend its Iraqi air campaign against Islamic State militants until March 2017, Defence Secretary Michael Fallon announced on Tuesday. 2 hours ago
(ShareCast News) - Typhoon Soudelor, dubbed the world's most powerful storm so far into 2015, is heading for Taiwan. 5 hours ago
(ShareCast News) - Gold and minerals explorer Ariana Resources said it expects construction on its new gold mine in western Turkey to begin in the near future. 5 hours ago
(ShareCast News) - Agricultural and food distribution company NWF posted full year results with profits on the rise but revenue down due to lower commodity prices. 3 hours ago
(ShareCast News) - Shares in Netscientific jumped almost 7% on Tuesday, after the group said its subsidiary ProAxsis had launched its ProteaseTag immunoassay kit to research laboratories. 4 hours ago
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Although forex trading has made its mark around the world, it’s astounding to see just how quickly the forex market has taken off in China over the last few years.
Forex offers an alternative for Chinese investors who are looking to diversify their portfolios and reduce their exposure to the overinflated local stock markets. There are also significant concerns about the long-term value of the yuan, as China may consider devaluing its currency to remain competitive in European markets as the US dollar soars – forex trading may offer the opportunity to hedge against this risk.
This week it has been difficult to avoid news about the Chinese stock market crash. On Monday the Shanghai Composite Index fell by more than 8% and over the last three months it’s down by more than 30%.
However, is this really all that surprising? I don’t think it is.
We’ve all heard the phrase “markets were extremely volatile today” or similar. But what does volatility actually mean when it’s related to the financial markets?
Volatility is the amount a price can change over a given time period with no regard for direction.
Just before the dawn of 2015, Bullbearings gathered together eight trading experts (plus me) to select some stock tips and top trades for 2015. This is a half-time report, with a top-10 leadboard (someone had two tips) and each tipster giving an update on their chosen recommendation (apart from one who's gone AWOL).
Safe to say, I'm propping up the table and making the rest of them look good - but as I said at the time, picking one share to buy is a notoriously difficult thing to do - especially if you take a speculative punt on a small cap. It's been an unusual year and there's still five months to go...