Search Results for: Brexit
Bitcoin Trading is Exceeding Gold Trading in Brazil
July 14th, 2016
A report has revealed that the total value of bitcoin trading among digital currency exchanges in Brazil has now surpassed that of gold spot trading on the Brazilian Securities, Commodities and Futures Exchange – the country’s securities market authority ...
Gold eases ahead of BoE policy
July 14th, 2016
Gold slipped on Thursday after rising nearly 1 percent in the previous session, as the dollar firmed and Asian stocks stayed near eight-month highs on expectations of an interest rate hike by the Bank of England. Investors bet the ...
ICAP published its Trading Statement;Positive momentum from investment in new products
July 13th, 2016
Positive momentum from investment in new products EBS BrokerTec wins contract to deliver technology to CFETS Transaction with Tullett Prebon on track to complete later this year ICAP plc (IAP.L), a leading markets operator and provider of post trade ...
Pound rallies as UK political storm subsides
July 13th, 2016
Sterling climbed for a fourth consecutive trading session on Wednesday as Theresa May gets ready to become Britain’s new prime minister, removing the political uncertainty over the Conservative Party’s leadership. The British currency rose to $1.3326 on Wednesday, its ...
Asian shares near 2016 highs as risk appetite improves
July 13th, 2016
Asian shares came within reach of their 2016 highs on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major markets whet investors’ risk appetite damaged by uncertainty from Brexit. Spread betters expected European shares to ...
Gold Snaps Two-Day Loss
July 13th, 2016
Gold climbed, snapping a two-day loss, as investors took advantage of the decline to boost positions even as global equities extended an advance. Silver in China traded near the highest level in almost three years. Bullion for immediate delivery ...
Theresa May, the UK’s new prime minister, explained
July 12th, 2016
Theresa May, the UK’s home secretary, will be the country’s next prime minister. Her final rival for the Conservative Party leadership, Andrea Leadsom, withdrew from the race on Monday morning, citing overwhelming support for May among Conservative MPs. Prime ...
Risk On/Risk Off: What Schizophrenic Markets Are Telling Us
July 11th, 2016
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
International law firm Taylor Wessing announced global revenues increase
July 8th, 2016
International law firm Taylor Wessing has today announced a 4.4% increase in UK revenues to £126.6m. Global revenues have also increased to £254.5m at constant exchange rates. In addition, the firm has reported an increase in UK PEP, up from ...
