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Scotsman.com (Free subscription) | 7 hours ago
... Footsie was able to claw back from near-2 per cent losses to close down just 2.1 points to 4,505.4.Paul Webb, group head of trading at CMC Markets, said: "Although the move pushed UK interest rates to a record low, there had been some speculation that a more aggressive move would be seen so the resulting yields have favoured cash at the expense of equities."Miners were under pressure...
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Scotsman.com (Free subscription) | 07/01/2009
... sector were shedding jobs at a record rate after further sharp falls in output and turnover.Paul Webb, chief dealer at CMC Markets, said: "It's been another largely upbeat day for UK equities with the FTSE extending its winning streak. "Miners have been providing much of the upside with rising copper prices being seen as lending support and although crude temporarily retook the $50...
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Scotsman.com (Free subscription) | 18/12/2008
... news fuelled expectations of more rate cuts and sent the pound to a new record low, below 1.09.Paul Webb, chief dealer at CMC Markets, said: "It has been another relatively quiet day for equity markets with traders being largely unimpressed by the Fed's bigger than expected rate cut last night. "Volumes are once again low with limited corporate news and we just seem to be nudging...
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Financial Times (Free subscription) | 13/12/2008
European shares ended the week higher but gave up a substantial slice of their gains yesterday as the failure of the US plan to rescue carmakers cast a pall over markets."Equity markets have been struggling to find much to cheer after last night's collapse of the auto industry bail-out plans in the US Senate," said Paul Webb, chief dealer at CMC Markets.
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Financial Times (Free subscription) | 12/12/2008
European shares ended the week higher but gave up a substantial slice of their gains Friday as the failure of the US plan to rescue carmakers cast a pall over markets. “Equity markets have been struggling to find much to cheer after Friday night’s collapse of the auto industry bail-out plans in the US Senate,” said Paul Webb, chief dealer at CMC Markets.
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Globe and Mail (Free subscription) | 04/12/2008
... November U.S. employment report.“The non-farm payrolls will dominate for many tomorrow,” said Paul Webb, chief dealer at CMC Markets, chief dealer at CMC Markets in London. “Sentiment will be key and if we see any nasty surprises in the U.S. employment readings then once again the temptation to book profits could end up prevailing. ”
