Search Results for: US Dollar
Brexit Aftermath: First Thing We Do, Hire All the Lawyers
June 28th, 2016
The U.K.’s decision to leave the European Union means years of uncertainty for bankers and investors—and years of extra work for lawyers. Members of the bar and their colleagues at accounting and consulting firms are shaping up as the ...
Four companies and eight individuals charged for a $80 million Oil and Gas fraud
June 27th, 2016
The Securities and Exchange Commission today charged four companies and eight individuals in an $80 million oil and gas fraud orchestrated by a Dallas man who calls himself the “Frack Master” for his purported expertise in hydraulic fracturing. The ...
British tech firms eye relocation after Brexit vote
June 27th, 2016
Brexit has left the UK’s technology industry reassessing its position, with major firms putting expansion plans on hold as they consider a move to a continental location. Britain’s financial technology sector is particularly hard-hit, with the prospect of losing ...
Pound Tumbles for a Second Day as Brexit Spurs Political Chaos
June 27th, 2016
Brexit vote reverberates across nation’s political spectrum Sterling drop only half what we’ll see in 2016: Standard Bank The big question for pound traders may have been answered, but the outlook for the currency is murkier than ever. Sterling dropped ...
Pound tumbles 11% as Britain has voted for Brexit
June 24th, 2016
Pound Plunges on U.K. Vote to Leave the European Union All asset classes down as final result of referendum is announced Pound tumbles 11% as Britain has voted for Brexit Britian’s vote to leave the European Union battered the ...
The Stock Market Crash Of 2016: Stocks Have Already Crashed In 6 Of The World’s 8 Largest Economies
June 23rd, 2016
Over the past 12 months, stock market investors around the planet have lost trillions of dollars. Since this time last June, stocks have crashed in 6 of the world’s 8 largest economies, and stocks in the other two are ...
Oil slips after small U.S. drawdown; seen choppy before Brexit vote
June 23rd, 2016
Oil prices slipped on Wednesday after the U.S. government reported a smaller-than-expected inventory drawdown, and as investors fretted about Britain’s upcoming vote on whether to stay in the European Union. Crude futures rose in early trading, with global benchmark ...
Currency traders would likely dump the pound in the event of a Brexit
June 23rd, 2016
If the U.K. voted to exit the European Union (EU), currency traders would likely dump the pound and send funds into the dollar, FX pros said. The Brexit referendum, which will decide whether the U.K. remains in the 28-member ...
Pound Rises to Highest in 2016 Hours Before Brexit Vote Begins
June 23rd, 2016
Polls had indicated vote on EU membership is too close to call Foreign-exchange traders are bracing for heightened volatility The pound climbed to the strongest level this year as the U.K. prepares to vote on membership of the European ...
What will the EU referendum mean for markets?
June 22nd, 2016
The opposing sides of the EU referendum campaign have each laid claim to the key issues surrounding a potential Brexit. The two camps have traded blows over sovereignty, economics and the political ramifications of leaving. But what are the ...
