Search Results for: Brexit
British tech firms eye relocation after Brexit vote
June 27th, 2016
Brexit has left the UK’s technology industry reassessing its position, with major firms putting expansion plans on hold as they consider a move to a continental location. Britain’s financial technology sector is particularly hard-hit, with the prospect of losing ...
Pound Tumbles for a Second Day as Brexit Spurs Political Chaos
June 27th, 2016
Brexit vote reverberates across nation’s political spectrum Sterling drop only half what we’ll see in 2016: Standard Bank The big question for pound traders may have been answered, but the outlook for the currency is murkier than ever. Sterling dropped ...
Winners of Brexit; What happens now
June 24th, 2016
On Thursday, the British public voted to leave the European Union, a shocking result that flew in the face of betting markets and professional prediction firms. On each side of the discussion around the British exit, or Brexit, stood ...
Oil prices slump, gold rallies amid uncertainty over Brexit vote
June 24th, 2016
Oil and gold prices moved sharply in Asian trade on Friday as market sentiment swayed according to the results reported from the United Kingdom’s poll on its future in the European Union. With all 382 voting seats counted, the ...
Brexit Fallout Bitcoin is up 10%
June 24th, 2016
The surprise “Leave” victory in the UK’s Brexit referendum has changed the calculus of global markets. We have seen the biggest intra-day volatility in the pound on record, as evidenced by it hitting a yearly high and yearly low ...
CySec’s Circular to Cyprus Investment Firms about Brexit effects
June 24th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued today a Circular requesting from Cyprus Investments Firms to inform the Commission regarding Brexit effects on their activities. According to CySec’s Circular, following the Circular C130, the Cyprus Securities and ...
Pound tumbles 11% as Britain has voted for Brexit
June 24th, 2016
Pound Plunges on U.K. Vote to Leave the European Union All asset classes down as final result of referendum is announced Pound tumbles 11% as Britain has voted for Brexit Britian’s vote to leave the European Union battered the ...
What Now? Brexit Win Sets Stage for Two Years of Bitter Talks
June 24th, 2016
U.K. companies need new regime to access $13.6 trillion market EU rules give Britain two years to negotiate terms of exit While final votes are still being tallied, it’s clear that British voters have opted to walk out on ...
Oil slips after small U.S. drawdown; seen choppy before Brexit vote
June 23rd, 2016
Oil prices slipped on Wednesday after the U.S. government reported a smaller-than-expected inventory drawdown, and as investors fretted about Britain’s upcoming vote on whether to stay in the European Union. Crude futures rose in early trading, with global benchmark ...
Currency traders would likely dump the pound in the event of a Brexit
June 23rd, 2016
If the U.K. voted to exit the European Union (EU), currency traders would likely dump the pound and send funds into the dollar, FX pros said. The Brexit referendum, which will decide whether the U.K. remains in the 28-member ...
