Search Results for: Brexit
Euro to Pound exchange rate strengthens following bolstered balance of trade
August 17th, 2018
The Euro Pound (EUR/GBP) exchange rate is trading at its highest level this week after the EU released the Eurozone’s latest balance of trade data. The figure came in at €22.5bn, lengthening the previous surplus of €16.5bn and beating ...
Housing bubble in the UK?
August 16th, 2018
A housing bubble in the UK is gradually deflating due to an ongoing massive sale of residential properties fuelled by Brexit concerns, which is poised to alleviate lingering affordability issues. UK housing prices falling at fastest rate since 2009 ...
Record high of £14.6bn paid in corporation tax by UK financial services sector
August 14th, 2018
A record high of £14.6bn of corporation tax (includes Bank Levy), was paid by the financial services sector in the UK last year, up 24% from the £11.8bn paid in the previous year (2015-16), says Moore Stephens, the Top ...
The Turkish lira and the Euro to dollar fell; Emerging market currencies tumble
August 13th, 2018
Emerging market currencies tumble; U.S. futures trade lower; Turkish lira extends drop despite limits to swaps transactions. Stocks declined in Asia alongside the euro and emerging-market currencies, while Treasuries and the yen advanced, on continued turmoil in Turkey that’s ...
Early Stocks Review: European stocks mixed; British Pound remained under pressure against the Dollar
August 10th, 2018
European stocks hovered around the flatline on Thursday amid a deepening U.S.-China trade dispute and a flurry of corporate earnings. The pan-European Stoxx 600 was flat with almost every sector in the red. Oil and gas stocks were among ...
Euro to British Pound exchange rate continues to climb despite slowing German trade
August 8th, 2018
Tuesday saw the publication of most of this week’s most notable Eurozone ecostats, but they didn’t have a particularly influential effect on the direction of the Euro to British Pound (EUR/GBP) exchange rate. Instead, the Pound remains limp as ...
BoE hikes UK interest rate hike but Pound exchange rates whipsaw
August 3rd, 2018
In spite of Bank of England (BoE) policymakers voting unanimously to raise interest rates the GBP/EUR exchange rates whipsawed, ultimately ending lower at around £/€1.1224. Although the Pound initially rallied in response to the rate hike this strength proved ...
European shares seen opening lower on US-China trade worries
August 2nd, 2018
European shares may drift lower at open on Thursday amid reports the Trump administration is mulling raising tariffs on Chinese goods. A spokesperson for China’s Foreign Ministry accused the US of “blackmail” and warning of inevitable countermeasures if the ...
State or Individual?
July 20th, 2018
The most important question faced by the human race is almost never addressed in modern times: which should be the master, the state over the individual or the individual over the state? It is particularly relevant today, bearing ...
Trump’s Whirlwind European Tour
July 18th, 2018
President Trump visited Britain on a much-anticipated visit. The political situation in Washington is very different from when Mrs May last visited. In Washington, President Trump appears to have successfully gained control of and tamed the Deep State, while ...
