Search Results for: Bank of England
Asia shares up as yield hunt drives record flows, pound slips
August 9th, 2016
Asian shares stood atop one-year peaks on Tuesday as investors’ desperate search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculation of further policy easing in the UK. Analysts ...
Dollar steady, sterling waits for BoE rate cut decision
August 4th, 2016
The dollar held steady above a recent six-week low on Thursday, while sterling stayed in a tight range with expectations running high that the Bank of England will cut interest rates for the first time since 2009 in a ...
Asian Shares Gain, Won Rises With Ringgit as Fed Seen on Hold
August 1st, 2016
MSCI Asia-Pacific benchmark heads for sixth day of gains Won, ringgit advance as waning Fed rate rise odds hurt dollar European and U.S. stock futures climbed as Asian shares advanced and the South Korean won rallied to a one-year high ...
Police in India nab “3gcoin cryptocurrency” head
July 29th, 2016
Reacting to a complaint lodged by a victim, who was working in a reputed software company that the agents of “3gcoin cryptocurrency” lured him to invest in Virtual mining firm having their website with URL:www.3gcoin.eu by offering 180 times returns ...
Sterling set for biggest weekly gain since 2009 after BoE rate hold
July 15th, 2016
Equity markets down in morning trading The pound is set to see its biggest weekly gain since 2009, up 3.2% against the dollar since Monday, following the Bank of England’s decision to hold rates at 0.5% this month. Despite ...
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 ...
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 ...
Time to Go Long the British Pound?
July 4th, 2016
Well they did it. British voters opted to leave the European Union, and in the process sent the financial markets into a tailspin. But the biggest victim here would appear to be the British pound. The night of the ...
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 ...
Double ratings downgrade hits UK
June 28th, 2016
It’s been a torrid few days for equity markets and the pound in particular as it continues to plumb new multi-year lows against the US dollar, though we could get some respite today. With politicians seemingly intent on making ...
