Search Results for: Brexit
Pound Tumbles, Volatility Jumps After Polls Show Brexit Momentum
June 6th, 2016
ITV poll shows Brexit ahead 45% to 41%; TNS has 43% to 41% One-month volatility at seven-year high before June 23 vote The pound slumped to a three-week low after polls showed more Britons favor exiting the European Union, reviving ...
U.K. Stocks Show Calm Before Brexit Storm as Pound Traders Fret
June 3rd, 2016
FTSE 100 volatility index at lowest vs currency counterpart U.K. shares’ dividend yield greater than global equity index Less than three weeks before Britain votes on its membership in the European Union, the country’s equity investors are much less ...
Brexit poll: 57% of lawyers want Britain to REMAIN in the EU
June 1st, 2016
The biggest stay vote came from lawyers in Scotland With the EU referendum less than a month away, a new Brexit poll has suggested that more than half of lawyers want Britain to remain part of the European Union. ...
Brexit will have ‘short-term’ impact on travel industry: Amadeus CFO
May 18th, 2016
In spite of the warnings of dire economic consequences if the U.K. opted to leave the European Union, one industrial sector is expected to emerge relatively unscathed: the travel industry. The chief financial officer of travel technology website Amadeus ...
CySec is asking CIFs to close monitor the risks they are exposed in a possible Brexit
May 17th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform Cyprus Investment Firms in relation with monitoring of risks due to a possible Brexit. CySec informs that in case of a possible exit of the UK, ...
IMF warns on “very bad” consequences of Brexit
May 16th, 2016
The consequences of Brexit would be “pretty bad, to very, very bad”, according to International Monetary Fund chief Christine Lagarde. Speaking at the launch of the Washington-based lender’s most recent review of the UK economy, Lagarde gave a bleak ...
Top Currency Traders Warn White House Race May Echo Brexit Chaos
May 16th, 2016
Campaign trail rhetoric foreshadows dollar volatility ahead Policies on trade, currency manipulation may weaken greenback Traders wanting to know what November’s U.S. presidential election will mean for the dollar need look no further than the U.K. The pound plunged ...
Sterling slips as Brexit looms large again
May 11th, 2016
Sterling slipped against the euro and dollar on Wednesday, with investors worried that the latest polls still show Britons who want to leave the European Union at a referendum in June neck-and-neck with those who want to stay. The ...
EU referendum: Seven Brexit myths debunked by economists
April 22nd, 2016
With so many unknowns going into the EU referendum, there have been plenty of claims and counter-claims being made about the impact leaving the union could have on the UK. Economists at Berenberg claim the debate has been “shrouded in myths, ...
New Treasury report claims lawyers will be worse off as result of Brexit
April 21st, 2016
A new report issued by the Treasury has claimed lawyers and other professional services will be worse off if Britain leaves the European Union (EU) because of a reduction in access to the single market. The 200-page document, titled ...
