Search Results for: Brexit
Pound stuck near 20-month low as UK gov’t rules out second Brexit referendum
December 18th, 2018
The pound languished near 20-month lows on Monday, with reports that more politicians are calling for a second Brexit referendum doing little to force the currency out of a narrow trading range. With British Prime Minister Theresa May facing ...
Pound falls further after Brexit vote delayed
December 11th, 2018
The pound’s fall has accelerated after the prime minister confirmed she would defer the vote on her Brexit deal. It had already fallen 1% earlier on reports of the delay, but fell further as Theresa May addressed Parliament. Sterling ...
European stocks dropped on Tuesday; Investors monitor Brexit and Italian budget plans
November 27th, 2018
European stocks dropped on Tuesday, as investors monitored a number of political events including Brexit and Italian budget plans, and digested further comments from President Donald Trump. The pan-European Stoxx 600 was 0.3 percent lower with the various sectors ...
British law firms are enjoying increased profits; Brexit and the Big Four the challenges
November 22nd, 2018
British law firms are enjoying increased profits per partner and are optimistic about future commercial prospects despite the impact of Brexit and the threat of the Big Four accountancy firms, according to a recent survey. The Crowe’s Law Firm ...
European shares likely to open mixed as pound plunges on Brexit divide
November 16th, 2018
European stocks may open on a mixed note Friday after the pound suffered its biggest one-day loss against the euro since October 2016 amid a deepening crisis for UK Prime Minister Theresa May. Four ministers, including Brexit Minister Dominic ...
Brexit draft deal: The key points explained
November 15th, 2018
Theresa May’s draft Brexit agreement has been agreed by her cabinet after more than 18 months of negotiations with the EU. It took five hours of discussions inside Downing Street before the prime minister was able to hail the ...
Dollar climbs to 16-month peak; pound falls on Brexit fears
November 13th, 2018
The dollar reached a 16-month high on Monday against a basket of currencies as investors built bets on a Federal Reserve interest rate increase next month, and political risks in Europe which put pressure on the euro and the ...
British Pound rallies on hopes for a UK customs deal Brexit agreement
November 6th, 2018
The pound rallied on Monday after a report said Britain was nearing a deal for leaving the European Union and that an all-UK customs arrangement would be part of it. The currency was lifted by the Sunday Times report ...
The Pound is under pressure as market rushes to buy options protecting against ‘No Deal’ Brexit
October 31st, 2018
The British Pound is suffering fresh losses taking it back to October lows against the Euro and two-month lows against the U.S. Dollar. The impasse in Brexit negotiations remains front-and-centre for foreign exchange markets with little near-term attention being ...
Euro, Sterling try to steady as traders keep wary eye on Italy budget, Brexit
October 22nd, 2018
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European Union. The dollar was ...
