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Brexit isn’t the most serious threat to the EU — the euro is
July 4th, 2016
Brexit isn’t the most serious threat to the EU — the euro is One surprising thing about Britain’s vote to leave the EU is that Britain’s economy has been doing better than a lot of European countries. Unemployment in ...
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, the E.U. and the “Special Relationship” of the U.S./U.K.
June 30th, 2016
Any clique in the E.U. that thinks the U.S. will sit idly by while they “punish” the U.K. had better recalibrate their core interests and the potential for blowback. One constant in a fast-shifting global chess board is the ...
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 ...
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 ...
Why did Britain vote to leave the EU?
June 27th, 2016
On Thursday, the British people voted to leave the European Union by a 52 to 48 percent margin, a decision that has been dubbed “Brexit.” It was a surprising result that will have huge consequences for Britain, the EU, ...
How one broker weathered the Brexit storm
June 27th, 2016
They knew it was coming. Broker-dealer Interactive Brokers Group Inc. IBKR, -5.50%has been planning for the Brexit vote since February, but, until late Thursday afternoon, the firm thought, like almost everyone else, the U.K. would vote to remain in the European ...
Asia shares rise, sterling steadies ahead of Brexit vote
June 21st, 2016
Asian shares rose after a tentative start on Tuesday, cautiously extending a rally triggered by growing expectations that British voters will opt to remain in the European Union in this week’s referendum. MSCI’s broadest index of Asia-Pacific shares outside ...
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 ...
Asian Stocks Advance Before Fed as Pound Halts Slide; Oil Sinks
June 15th, 2016
Yuan hovers near five-year low after MSCI’s China ruling Japanese bond yields drop to new records as copper gains Asian shares rose, rebounding from the steepest selloff in global stocks since January, as currency markets stabilized ahead of the ...
