Search Results for: oil
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 ...
I’d buy European stocks before US stocks in near term: Siegel
June 28th, 2016
Longtime Wall Street bull Jeremy Siegel said Monday he sees more upside in the next three to five years from European stocks than in U.S. equities. The Wharton School finance professor told CNBC’s “Squawk Box” the continued turmoil in ...
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 ...
Cameron Heads to Last Supper in Brussels Amid Impasse in London
June 28th, 2016
Two-day EU summit to consider first steps after U.K. vote British influence in bloc has waned even before talks start U.K. Prime Minister David Cameron is set to face his fellow European Union leaders for the first time since ...
Double ratings downgrade hits UK
June 28th, 2016
It’s been a torrid few days for equity markets and the pound in particular as it continues to plumb new multi-year lows against the US dollar, though we could get some respite today. With politicians seemingly intent on making ...
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 ...
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 ...
ICAP issued a statement regarding transaction with Tullett Prebon
June 22nd, 2016
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk and information services, notes the statement from the Competition and Markets Authority (“CMA”) announcing that it will consider the proposed remedy of a sale of ICAP’s ...