Search Results for: Brexit
The price of bitcoin has risen by 19% in October
November 1st, 2016
In a year of monster hackers, the rise of new cryptocurrencies, and its own unresolved “civil war” over how to enlarge its transaction capacity, bitcoin has not only survived, but thrived. The price of bitcoin has risen by 19% ...
BoE Carney Against Further Rate Cuts and Stimulus
October 26th, 2016
The British pound was falling versus its major peers on Tuesday, ahead of BoE Governor Mark Carney’s testimony before the House of Lords Economic Committee. The pound rebounded during the speech, as the Governor stated the market is “mistaken” ...
UK IPO market shrinks 42% post-Referendum
October 25th, 2016
A significant slowdown in the IPO market in the first half of the year has continued through the third quarter as the EU referendum takes its toll, according to Henderson Managed Investment Trusts. Just 32 companies listed on the ...
European Property Investors shift in opportunities in smaller economies
October 24th, 2016
The European commercial real-estate market is shifting, with the hottest cities cooling off as investors’ interest in other locations grows. Real-estate markets throughout Europe saw investors pile in following the 2008 financial crisis. With the European Central Bank and ...
KCG reported a consolidated loss of $11.2 million for 3Q16
October 21st, 2016
KCG, an independent securities firm, has issued an announcement to publish its Third Quarter 2016 Results. According to the release, the company reported a consolidated loss of $11.2 million, or $0.13 per share, for the third quarter of 2016. ...
Seven worrying trends in the European refugee crisis
October 20th, 2016
As part of his final UN General Assembly, President Obama hosted a leaders’ summit on refugees. In his speech he termed the global refugee crisis one of ‘the most urgent tests of our time’. But the list of commitments coming ...
Who Will Exit the EU Next?
October 20th, 2016
The European Union’s future has been up for debate since the Continent’s economic crisis began nearly a decade ago. But questions about the bloc’s path have multiplied in recent years as Greece came close to quitting the eurozone and ...
How not to manage a currency
October 15th, 2016
Make no mistake, sterling’s collapse is a very serious development, and has serious consequences for sterling interest rates. While it is becoming apparent that interest rates are going to have to rise possibly for all currencies on a one-year ...
Dollar falls from 2-1/2 month high vs yen after weak China trade data
October 13th, 2016
The dollar pulled back from a 2-1/2 month high against the yen on Thursday after surprisingly weak Chinese trade data stirred fresh concern about the world’s second-largest economy. The dollar dropped to as low as 103.555 yen JPY= at one point, ...
Asian Stocks Fall on U.S. Rate Outlook, Samsung as Pound Jumps
October 12th, 2016
Sterling snaps drop with Parliament to discuss Brexit plan Oil below $51 amid doubts over Russia’s stance on OPEC deal Asia stocks dropped for a fourth day as investors fretted about the prospect of U.S. interest-rate hikes and Samsung ...
