Search Results for: European Parliament
Market Review: Gold Rises For Third Day; Pound And Euro Rose
June 23rd, 2017
Crude set for fifth week of losses; gold rises for third day China shares in Hong Kong gain while Japan equities fluctuate Asian equities are ending the week on a tepid note, with oil remaining below $43 a barrel, ...
Brexit, Germany and Asia
June 16th, 2017
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation, bitterness, and widespread pessimism. The purpose of this article ...
Sterling steadies on Monday, dollar awaits Fed
June 12th, 2017
Sterling steadies on Monday as British Prime Minister Theresa May scrambled to pick up the pieces and reunite her Conservative Party after a disastrous election that could disrupt Brexit negotiations. Sterling last traded at $1.2756, edging up 0.1 percent ...
UK pound tumbled, Asian stocks and U.S. futures gain while yen and gold decline
June 9th, 2017
May’s Conservative party forecast to win without majority Asian stocks, U.S. futures gain while yen and gold decline It wasn’t a day to rival the Brexit vote. While the pound tumbled as the U.K. faces a hung parliament and ...
Euro to Pound: Analysts of global financial firm eye breaking of £0.90
June 1st, 2017
EUR / GBP Outlook: Morgan Stanley Eye Breaking of £0.90 Expect the Euro to make further gains against the British Pound say analysts at one of the world’s largest investment banks. “We are buyers of most EUR crosses, helped ...
Asia Stocks Slip as China Rally Fades; Pound Drops: Markets Wrap
May 31st, 2017
Shanghai shares pare gains sparked by manufacturing report U.K. currency slides as poll shows Tories may miss majority Most Asian stocks fell as better-than-expected Chinese factory data wasn’t enough to sway investors concerned over interest rate policies and European ...
Smirnoff owner Diageo to pay HMRC £107m in ‘Google tax’ crackdown
May 12th, 2017
Drinks company will challenge HMRC claim for tax and interest over ‘diverted profits’ Diageo, the drinks company behind Johnnie Walker, Smirnoff and Guinness, is to pay HMRC £107m under the “Google tax” crackdown aimed at multinationals. The FTSE 100 ...
Emmanuel Macron has pledged to reduce taxation on companies to 25 percent
May 10th, 2017
Emmanuel Macron, France’s president-in-waiting after a resounding poll victory Sunday, campaigned on a platform that combined unstinting support for the EU with tax cuts for business and a pledge to maintain the country’s social safety net. Following are key ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
British PM Theresa May called for a general election: What you need to know
April 19th, 2017
The UK looks set to have a general election on 8 June. Here’s what you need to know. What has happened? The UK Prime Minister Theresa May has announced that she wants to hold a general election on 8 ...
