Search Results for: European Central Bank
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 ...
Brexit’s Big Loser? Japan
June 30th, 2016
One of the first results of Britain’s voting to leave the European Union was a sharply lower pound. Which means the UK is now winning the currency war. Henceforth its exports will be cheaper around the world, enabling its ...
Euro clearing houses to move in eurozone following the Brexit decision
June 29th, 2016
The European Union will move its London-based bank regulator to Paris or Frankfurt following Britain’s decision to leave the bloc, while the European Central Bank will insist euro clearing occurs in the euro zone, a senior EU official said ...
Oil gains over 3% after two-session Brexit-inspired tumble
June 29th, 2016
Oil futures finished higher for the first time in three sessions on Tuesday, rebounding from a Brexit-fueled selloff that sent crude futures to a seven-week low on concerns of a slowdown in the global economy. The threat of a ...
Asian Stocks Rise With Oil as Pound’s Rebound Stalls; Yen Gains
June 29th, 2016
Gold rises as industrial metals decline; oil back above $48 BOJ’s Kuroda says funds can be added to market as needed The relief rally endured, with Asian stocks rising in tandem with European equity index futures and oil amid ...
Most Asia markets end higher as region weathers a global rout after Brexit vote
June 28th, 2016
Most Asian markets closed higher on Tuesday, managing to hold up better than global peers amid a rout that wiped out as much as $3 trillion of market capitalization, according to data from S&P Global, in the wake of the ...
Oil prices rebound in post-Brexit bargain hunting
June 28th, 2016
Oil prices rose above $48 a barrel on Tuesday as investors took advantage of a two-day slide in crude following Britain’s vote to leave the European Union to lock in lower prices. The vote result sent global stocks and ...
Why did Britain vote to leave the EU?
June 27th, 2016
On Thursday, the British people voted to leave the European Union by a 52 to 48 percent margin, a decision that has been dubbed “Brexit.” It was a surprising result that will have huge consequences for Britain, the EU, ...
Investors see bitcoin as safe haven
June 27th, 2016
Demand is up following drop in pound as a result of Brexit Demand surged for bitcoin as a safe haven from the British pound, which plummeted after the UK voted to leave the European Union (EU). The pound fell ...
Brexit Fallout Bitcoin is up 10%
June 24th, 2016
The surprise “Leave” victory in the UK’s Brexit referendum has changed the calculus of global markets. We have seen the biggest intra-day volatility in the pound on record, as evidenced by it hitting a yearly high and yearly low ...
