Search Results for: Brexit
Brexit is getting the blame
June 17th, 2016
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...
The Impact of “Brexit” on Retail Investors; Monex survey
June 16th, 2016
Twenty-first Monex Global Retail Investor Survey Survey Focusing on the Impact of “Brexit” on Retail Investors Monex, Inc. has published “The Twenty-first Monex Global Retail Survey(*)” that was conducted from May 25 to June 6, 2016. Below is a ...
How far UK pound is expected to crash after a Brexit: Goldman Sachs
June 16th, 2016
Brexit could trigger a huge sell-off in the pound, sending the currency down by as much as 11% against a basket of the world’s most important currencies, according to new research from Goldman Sachs released late on Wednesday. Goldman ...
Oil futures down on U.S. stockpile report, Brexit concern
June 16th, 2016
Oil prices fell on Thursday, heading for a sixth session of declines, following a lower-than-expected draw on U.S. stockpiles and amid worries Britain might leave the European Union (EU). Front-month U.S. crude futures were down 53 cents, or 1.1 ...
Moscow Exchange increases initial marging in some FX futures because of volatility due to Brexit referendum
June 16th, 2016
Due to the UK referendum on membership of the European Union on 23 June 2016, volatility in some instruments traded on Moscow Exchange may potentially increase. To mitigate risks to member firms and NCC Clearing Bank (the central counterparty), ...
Brexit fears wipe £100bn off FTSE 100 in four days
June 15th, 2016
Sterling and shares have slid as the City reacts to polls showing the Leave on track to win next week’s referendum Brexit panic sends London shares sliding Britain’s stock market has hit a new three-month low as Brexit worries ...
Fed expected to hold rates steady as Brexit vote clouds outlook
June 15th, 2016
The Federal Reserve is expected to keep interest rates unchanged on Wednesday and signal if it still plans to raise rates twice in 2016 amid concerns about a U.S. hiring slowdown and Britain’s possible exit from the European Union. ...
Pound wobbly, yen edges higher on mounting Brexit worries
June 14th, 2016
The British pound remained fragile near a two-month low against the dollar on Tuesday and the yen hovered near six-week highs against the U.S. currency on worries Britain may leave the European Union in a referendum less than 10 ...
Brexit: All you need to know for UK’s EU referendum
June 13th, 2016
What is happening? A referendum is being held on Thursday, 23 June to decide whether Britain should leave or remain in the European Union. This article is designed to be an easy-to-understand guide – if you have any questions ...
Brexit Would require the UK Government to hike taxes by GBP5bn (USD7.4bn) to meet its target
June 13th, 2016
The Institute of Fiscal Studies (IFS) has warned that in the event of a “Brexit,” the UK Government would need to hike taxes by GBP5bn (USD7.4bn) to meet its target of a balanced budget in 2019-20. The warning was ...