Search Results for: European economy
Could Berlin Steal London’s FinTech Capital Throne?
July 8th, 2016
As the Brexit fallout continues, it looks as though Berlin may be stepping up to replace London as Europe’s top FinTech capital. With the U.K. making its monumental decision to exit the European Union last week, The Financial Times reported today (July 7) that Germany ...
Europe pauses for breath ahead of US jobs data
July 8th, 2016
European stocks are expected to open lower on Friday as markets pause ahead of U.S. nonfarm payrolls data on Friday that will give a clear indication on the state of the U.S. economy. The London FTSE index is called to open ...
10 questions about Brexit’s impact on the auto industry
July 7th, 2016
The shock waves from the U.K.’s historic vote to leave the EU are about to hit the global auto industry. Analysts predict that falling sales and rising costs are the most likely outcomes for automakers as Europe’s second-largest car ...
Forget gold, silver is on fire and could hit $25/oz. by the end of 2016
July 7th, 2016
Silver has seen double the percentage gain of gold since Brexit Silver has outshined its sister metal since the U.K.’s decision to leave the European Union sparked turmoil in global equities markets, and the rally could lift the white ...
U.S. Stocks Advance Amid Drug-Maker Rally as Caution Subsides
July 7th, 2016
Fed minutes show heightened uncertainty on job data, U.K. vote Banks, commodity shares rise after erasing early losses U.S. stocks advanced, led by gains among drug companies, as cautious sentiment eased amid speculation the American economy can weather the ...
One of the worst markets hit in the last two-weeks has been Italian banks
July 6th, 2016
While most of the post-Brexit headlines have centred on the fall in value of sterling and the surge of interest in safe havens such as gold and government bonds, one of the worst markets hit in the last two-weeks has been Italian banks. ...
British pound plunged to fresh 31-year lows
July 6th, 2016
The British pound plunged to fresh 31-year lows on Wednesday, swamped by continued fears over the U.K. leadership vacuum and the country’s potential exit from the European Union (EU). The pound tumbled as low as $1.2796 during Asia trade on Wednesday, ...
Global stocks slide, bonds surge as Brexit fears resurface
July 6th, 2016
Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risky assets of all stripes. In frantic trading reminiscent of the fateful ...
Bank of England published Financial Stability Report
July 5th, 2016
It is the statutory responsibility of the Financial Policy Committee (FPC) to identify, monitor and take action to remove or reduce systemic risks, with a view to protecting and enhancing the resilience of the UK financial system. By fulfilling ...
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 ...
