Search Results for: European economy
Brexit post-mortem
July 29th, 2016
It is a month after Britain’s surprise vote to leave the EU. A new Conservative Prime Minister and Chancellor are in place, both David Cameron and George Osborne having fallen on their swords. The third man in the losing ...
Yen Jumps on BOJ Decision as Japanese Bonds Sink; Gold Climbs
July 29th, 2016
Kuroda expands ETF purchase target, leaving policy rate steady BOJ release will be followed by Europe stress tests, U.S. GDP The Bank of Japan’s most anticipated policy announcement in years left investors underwhelmed, sparking a surge in the yen ...
The potential economic impact of Brexit for London, the UK and Europe
July 28th, 2016
PwC’s real GDP growth projections for the UK revised down Potential loss of passporting a challenge for London Ireland and Cyprus are the most exposed EU countries from a trade perspective UK: Following the vote to leave the EU, ...
Dollar Extends Drop as Japan Leads Stocks Lower; Metals Rise
July 28th, 2016
Odds of Fed rate increase this year remain below 50% South Korean won climbs to October high; yen rebounds The dollar extended losses after the Federal Reserve reiterated its gradual approach to raising interest rates, despite acknowledging risks to ...
Yen Plunges and Japan Stocks Rebound on Stimulus Bets; Oil Sinks
July 27th, 2016
Aussie jumps after inflation data, before reversing gains U.S. stock-index futures climb on Apple’s after-market rally The yen dropped as Japan’s Prime Minister was reported to commit to a $265 billion stimulus package. Chinese stocks tumbled and crude oil ...
Precious Metals Slide on Stronger Dollar Before Fed as Yen Drops
July 25th, 2016
Ringgit falls sixth day to lead Asian currency declines Turkish stocks climb after steepest weekly drop since 2008 The dollar’s strength weighed on precious metals as investors looked toward central bank meetings this week in the U.S. and Japan. European ...
Asian Stocks Drop as BOJ Rejecting Helicopter Money Supports Yen
July 22nd, 2016
Oil below $45 a barrel as gold retreats with copper, nickel Ringgit sinks as 1MDB scandal in focus; yuan strengthens Asian stocks fell with European equity index futures as commodities sank to levels last seen in May. Malaysia’s ringgit ...
Big Four in talks with UK government on Brexit
July 21st, 2016
Accountants’ expertise will be needed as the trade negotiations start following the UK’s vote to leave the EU, the government has confirmed, while the Big Four are building up specialist Brexit teams to meet the demand for advice on ...
Asian shares at nine-month highs on inflow bets; dollar strong
July 21st, 2016
Asian stocks climbed to nine-month highs on Thursday, helped by a recovery in global oil prices, while the dollar strengthened against the safe-haven yen on resurgent expectations of a U.S. interest rate hike this year. European shares are expected ...
Asian Stocks Near Three-Month High as Yuan Rises With Crude Oil
July 20th, 2016
Commodity shares decline amid a retreat in industrial metals Hong Kong equity index set for bull market as yuan gains Asian stocks rose with European equity index futures as positive earnings reports from some of the world’s biggest companies ...
