Search Results for: Brexit
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 ...
The price of an average house or flat in the UK rose by £16,000 a year
July 19th, 2016
The price of an average house or flat in the UK rose by £16,000 in the year to May, according to the Office of National Statistics (ONS). The house price inflation rate remained at 8.1%, the same as in ...
Aussie, Kiwi Sink on Rate-Cut Bets as Asia ex-Japan Stocks Fall
July 19th, 2016
S&P 500 futures slip as crude oil drops to about $45 a barrel Yen advances with U.S. Treasuries as ringgit weakens The Australian and New Zealand dollars dropped by the most this month as speculation mounted that their central ...
Deloitte’s CFO Survey finds that CFOs shift to defensive strategies
July 18th, 2016
Brexit blow to business confidence Deloitte’s CFO Survey: 2016 Q2 The quarterly Deloitte’s CFO Survey is firmly established with media and policy makers as the authoritative barometer of UK corporates’ sentiment and strategies. It is the only survey of major ...
Turkey coup attempt: No immediate impact on oil and gas flows, but long-term concerns raised
July 18th, 2016
A failed coup attempt launched late Friday by Turkish army officers has had little or no impact on oil and gas flows through Turkey, industry officials told Platts. Some 265 people were killed in the violence. A spokesman for ...
World’s oldest bank is on the point of collapse
July 18th, 2016
Italy’s third-largest and the world’ oldest bank, Monte dei Paschi de Siena, is on the point of collapse unless it receives state support. Its failure could spark a banking crisis in Europe, but EU rules forbid bank bailouts using ...
European stocks open higher; ARM rallies 45% after Softbank bid
July 18th, 2016
European stocks traded higher led by a rally in ARM shares after Softbank tabled a $32 billion offer for the U.K. semiconductor giant and as investors digest a number of geopolitical events including the failed coup in Turkey. The ...
DueDil sees triple-digit sales increase on the back of international growth
July 15th, 2016
Tech firm DueDil has enjoyed a bumper second quarter in 2016 after attracting a raft of high-profile clients and a significant jump in enterprise sales. PayPal, Securitas Ireland and Currencies Direct have all signed up for the London-based data ...
Asian Stocks Extend Rally on China Data as Yen Drops With Gold
July 15th, 2016
Japan’s currency set for biggest weekly drop in 17 years China’s economic growth stabilized in second quarter Asian stocks rose for a fifth day and South Korea’s won strengthened as Chinese economic data beat estimates amid an upbeat start ...
“Soon” And “Really, Really Crazy.”: Starting Up The Helicopters
July 14th, 2016
As the abject failures of the past few years’ monetary experiments became apparent, it was clear that something else would have to be tried. The only questions were when this would happen and how crazy the next iteration would ...
