Pound at 30-Year Low Against the Dollar

British people who head for a recreational trip across the Atlantic might be in for an unpleasant surprise as the pound keeps tumbling against the USA dollar. Sterling is now trading at $1.42 which is down around 17% since the time it reached above $1.71 during the summer of 2014. The steep pullback has basically made everything ranging from hotel accommodation More...

Brexit Risks Dominate 2016 for Pound v Dollar Rate
Over the forthcoming days, Britain, led by Prime Minster David Cameron, will look to renegotiate its membership of the EU. There are many things up for discussion, most notably immigration and the overall cost of More...

All the best for 2016
Last month the International Monetary Fund released their World Economic Outlook. It expects the world to expand in 2016 by 3.6 percent up from this year’s estimated 3.1 percent growth. It is marginally slower More...

Where next for the Oil Price?
Where is the oil price going? The Saudi game of flooding the market with cheap oil to try and put the US shale industry out of action hasn’t yielded any real scalps yet which suggests that we probably have More...

Best 8 Wall Street Movies
In no particular order, this is the list of my 8 best Wall Street and trading related movies. Beyond the entertaining value, there’s always some trading wisdom to be gained by watching these movies. Wall More...

How to profit from Seasonality Effects in Trading
If you’ve been involved in trading the markets for some time, you’ve most probably heard of sayings like ‘sell in May and go away’, ‘January effect’ or ‘Santa Claus rally’. More...

Young City Trader who earns 1 million a year
The world’s top traders ages 30 or below are named today, with young guns picked up five of the coveted positions. They represent the changing face of the modern City. None went to Oxbridge, some turn up More...

Downsizing the USA Military
With US sequestration cuts now taking effect and Barack Obama ordering US $85 billion in defence cuts, Colin Cieszynski assesses the impact on the stock market. The latest budget cuts will shrink the USA army More...

Rogue Traders
As the last of the City bonuses are paid in January, the inevitable comparisons are once again being made between traders as to whether their bonus sufficiently recognises their contribution to their respective More...

Understanding Bonds
A bond is a financial contract usually between two parties. These are financial securities and are classed as fixed income securities. The bond market is massive and can be applied to financial intermediaries, companies More...