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Posts by Leon Watson:

• Short selling under fire as Greece battles mounting debt

  04 Mar 2010 in Blog &Featured
  THE call to ban speculators from short selling when countries are hitting the skids is gathering momentum. For some leading politicians, the time for a strict crackdown is now – before the financial crisis in Greece becomes terminal. The message has been clear: investors who are making money from the sovereign debt problems in the ... Read article

• Dollar rides high for forex traders

  26 Feb 2010 in Blog &Featured
  WORRIES about the rocky euro and debt in Dubai have sent the US dollar soaring in recent weeks as traders turn to a reliable old friend. The Greenback has been resurgent since the turn of the year and it hit a nine-month high against sterling this week. The dollar has also strengthened heavily against the ... Read article

• The shine is taken off the record price of metals

  22 Feb 2010 in Blog
  METALS have been hitting the headlines this week after reaching new market highs and then starting to slip. The six main industrial metals – copper, aluminium, lead, nickel, tin and zinc – were on the up on Monday, Tuesday, Wednesday and Thursday. But they began to suffer as the US dollar jumped to a nine-month ... Read article

• Carry trading regulation would be “unpopular and unworkable”

  07 Feb 2010 in Blog &Featured &News
  A CONTROVERSIAL proposal to crack down on high-risk methods of foreign exchange trading has sparked a fierce response. Lord Turner, the head of Britain’s financial watchdog, angered analysts this week when he suggested that there should be a ban on carry trading. Speaking at the World Economic Forum’s annual meeting in Davos, Switzerland, the Financial ... Read article

• The rise of the East

  04 Feb 2010 in Blog &Featured
  BOOMING economies in Asia and the Pacific will make their presence felt more strongly than ever before in 2010. That’s the prediction of experts who say the shift of power from West to East in the aftermath of the global financial crisis is gathering speed. China, India, South Korea and Taiwan have been engines of ... Read article

• Oil bulls in a sticky patch

  31 Jan 2010 in Blog &Featured
  SLUGGISH demand for oil has led to warnings that the cost of a barrel will stay low for months. Wary analysts have told 247Bull.com that recent price drops after steady rises in 2009 reflect continued uncertainty about the world’s economic outlook. Black gold hit a 15-month high of $84 a barrel this month but has ... Read article

• Barack Obama’s banking reforms cause a stir

  26 Jan 2010 in Blog &Featured
  TRADERS are anxiously awaiting what happens next after Barack Obama announced controversial plans to put the squeeze on banks. The US President left the financial world in a spin on Thursday last week when he revealed proposals for radical reforms. He wants to curb banks’ riskier activities by capping their size and splitting their investment ... Read article

• Dealing with the terror threat

  26 Jan 2010 in Blog &Featured
  APPALLING terrorist plots of recent weeks have sent shockwaves around the world. Gunmen killed three members of the Togo national football squad on the team bus in Angola and al-Qaeda attempted to blow up a passenger jet on Christmas Day. But analysts say the markets have become hardened to terror threats and the value of ... Read article

• 2010 – predictions for the year ahead

  10 Jan 2010 in Blog &Featured
  WE’VE hardly had time to dip our toes in the murky waters of 2010 but experts have shined up their crystal balls to tell 247Bull.com what to expect this year. Some are saying there should be “hope and trepidation in almost equal measure”. Firstly, the concerns. There are worries about shaky economic foundations and volatile ... Read article

• 2009 – a terrifying roller coaster of recession and recovery

  30 Dec 2009 in Blog &Featured
  VOLATILE, scary and momentous – this is how 2009 will be remembered. With the year drawing to a close, the consensus is clear: 2009 will go down in history as something VERY different. The turbulent 12 months has been very good and very bad for traders. It has seen the incredible lows of March, when ... Read article