Search Results for: currency market
Time to Go Long the British Pound?
July 4th, 2016
Well they did it. British voters opted to leave the European Union, and in the process sent the financial markets into a tailspin. But the biggest victim here would appear to be the British pound. The night of the ...
Asian stocks recoup losses, Aussie wobbles on uncertain election
July 4th, 2016
Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner emerged from a weekend election. Activity across much of the region was subdued ahead of the U.S. ...
The 18 companies that control bitcoin in 2016
July 1st, 2016
Flashy startups like Coinbase, Circle, Blockchain, and BitPay are some of the most famous companies in bitcoin. But arguably more important are the miners — individuals and organisations who form the core backbone of bitcoin, ensuring the digital currency’s ...
Pound logs biggest quarterly drop since the financial crisis
July 1st, 2016
The British pound records its biggest quarterly drop since the financial crisis on Thursday after Bank of England Governor Mark Carney says the central bank would likely need to further ease monetary policy this summer. The British pound fell ...
Brexit’s Big Loser? Japan
June 30th, 2016
One of the first results of Britain’s voting to leave the European Union was a sharply lower pound. Which means the UK is now winning the currency war. Henceforth its exports will be cheaper around the world, enabling its ...
Global Shares, Pound Rally as Brexit Concerns Soften; Oil Soars
June 30th, 2016
S&P 500 jumps 1.7% as FTSE 100 rally erases post-Brexit loss Crude tops $49 a barrel as dollar slump boosts commodities Global stocks rallied for a second day, while the dollar weakened, amid speculation policy makers will move to ...
Possible Consequences of Brexit on the FinTech Industry
June 29th, 2016
Financial Technology (FinTech) is an economic ecosystem or industry consisting of companies, mainly startups, that employ technology in an innovative way in order to improve the way that financial services operate, e.g. payments and transfers, auditing, contracts, policy enforcement, ...
International law firm Watson Farley & Williams’ announced annual revenue up 5%
June 29th, 2016
International law firm Watson Farley & Williams’ (“WFW”) financial results for 2015/16 demonstrate another solid performance for the firm, with global turnover to April 2016 reaching £131.2m. This puts the firm five percent ahead of the comparable figure for ...
Asian Stocks Rise With Oil as Pound’s Rebound Stalls; Yen Gains
June 29th, 2016
Gold rises as industrial metals decline; oil back above $48 BOJ’s Kuroda says funds can be added to market as needed The relief rally endured, with Asian stocks rising in tandem with European equity index futures and oil amid ...
I’d buy European stocks before US stocks in near term: Siegel
June 28th, 2016
Longtime Wall Street bull Jeremy Siegel said Monday he sees more upside in the next three to five years from European stocks than in U.S. equities. The Wharton School finance professor told CNBC’s “Squawk Box” the continued turmoil in ...
