Search Results for: economy
Oil prices dip on economic concerns, demand worries
July 5th, 2016
Crude prices dipped in early trading on Tuesday, with Brent falling back below $50 per barrel as economic concerns took centre stage with many analysts saying oil demand will stall later this year. International benchmark Brent crude oil futures were trading ...
Bitcoin transactions values to Triple this Year
July 5th, 2016
Bitcoin Transactions Values To Triple this Year – Reaching Over USD92Bn, As Brexit And Possible Trump Presidency Fuel Price Spikes – Exchanges Drive Growth As Retail Interest A new study from Juniper Research has found that the total value of Bitcoin ...
Reserve Bank of Australia decided to leave the cash rate unchanged
July 5th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the ...
Brexit isn’t the most serious threat to the EU — the euro is
July 4th, 2016
Brexit isn’t the most serious threat to the EU — the euro is One surprising thing about Britain’s vote to leave the EU is that Britain’s economy has been doing better than a lot of European countries. Unemployment in ...
Something Huge Is Coming From Japan
July 4th, 2016
Pretend, for a minute, that your country responds to the bursting of a credit bubble by borrowing unprecedented amounts of money and using it to prop up banks and construction companies. This doesn’t work, so you create record amounts ...
George Osborne has pledged to cut corporation tax to 15% from 20% rate
July 4th, 2016
George Osborne has pledged to cut corporation tax to encourage businesses to continue investing in the UK following the EU referendum vote. In an interview with the Financial Times, the chancellor said he would reduce the rate to below 15% ...
Interactive Brokers reports DARTs 7% higher and changes in the composition of its currency exposure management unit
July 4th, 2016
Interactive Brokers Group Reports Brokerage Metrics for June 2016 and New “GLOBAL” Composition Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, reported its Electronic Brokerage monthly performance metrics for June, and changes in ...
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 ...
Israel Gov’t plan to change the aim of Tel Aviv Stock Exchange
June 30th, 2016
Minister of Finance Kahlon will present a plan to reinvigorate the ailing Tel Aviv Stock Exchange by changing its aim and its ownership structure. The reform of the Tel Aviv Stock Exchange has picked up pace. On Sunday, Minister of Finance ...
Low cost accounting firms to be the next victim of Brexit?
June 30th, 2016
With the stability and growth in the UK economy over the last few years we have seen the rise of many low cost and automated offerings. At one end you have our largest firms offering cheap bookkeeping and automated accounts and ...