Search Results for: Brexit
Some forecasters remain positive on oil prices and demand going into 2019
December 12th, 2018
Despite dramatic slides in the oil market, some forecasters remain positive on prices and demand going into 2019. A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 ...
Dollar near 1-month high against its peers
December 12th, 2018
The dollar held near a one-month high against its peers on Wednesday, supported by a rebound in U.S. yields and weakness of the pound as its battering from uncertainty about Brexit continued. The greenback was lifted as long-term U.S. ...
What to watch in European stocks this morning
December 10th, 2018
Here is what traders are watching ahead of the stocks market open in Europe this morning, December 10, 2018. Sell-Off Signs Futures are pointing lower once more and the signs for how trading may go on Monday are not ...
G20 and the financial war
December 6th, 2018
Introduction President Trump initiated the trade war with China. There is a widespread assumption he is pursuing his “art of the deal”, coming into negotiations aggressively to get a satisfactory compromise. Therefore, the script goes, China will be ...
Asian stocks slumped with U.S. futures; The Yen rose, the Euro was steady
December 6th, 2018
Asian stocks slumped with U.S. futures, the Treasury yield curve edged closer toward inversion and the yen climbed on Thursday as the investor aversion to risk that’s been prevalent for much of the quarter resumed. Losses deepened in afternoon ...
European equities fell in early Wednesday trading
December 5th, 2018
European equities fell in early Wednesday trading after the carnage on Wall Street spooked traders and as banking and mining shares slid. The Stoxx Europe 600 Index dropped 1.2 percent in the opening minutes. HSBC fell 1.4 percent, while ...
Boom times for Ireland’s legal profession
December 4th, 2018
UK solicitors are creating their own ‘backstop’ by moving to Ireland in spirit rather than body, and the Law Society of Ireland director general says it is a booming economy that is driving the legal market. Boom times for ...
Pound Sterling to Euro exchange rate struggles to climb
December 4th, 2018
After slipping last week on Brexit jitters, the Pound Sterling to Euro (GBP/EUR) exchange rate saw mixed movement when markets opened on Monday. Investors are reacting to the latest developments from the weekend’s G20 summit. Last week saw GBP/EUR ...
FCA UK published its EU Withdrawal Impact Assessment
November 30th, 2018
The Financial Conduct Authority (FCA) has published on 29th of November, 2018, its EU Withdrawal Impact Assessment. The assessment was requested by the Treasury Select Committee and sets out the impact of the Withdrawal Agreement and future framework on ...
Pound Euro exchange rate recovers ground on poor German consumer confidence data
November 29th, 2018
The Pound Euro (GBP/EUR) exchange rate gained ground, and is currently trading at €1.1336, after the release of Germany’s poor Gfk consumer confidence figures dampened investor confidence in the single currency. The EUR was also hit after its initial ...
