This week the main event in the headlines is the very unexpected result for the Brexit. Here’s a quick recap of the carnage from the UK’s vote last Friday to exit the European Union: The GBP/USD immediately crumbled after the result dropping by a staggering 8.1%, while on Monday it dropped another 3% trading as low as 1.3150 which is a 30-year low. Financial markets worldwide […]
Global macro overview for 28/06/2016: The Statistics New Zealand had released merchandise Trade Balance data regarding imports and exports figures for the previous month. The data showed that economy posted a trade surplus of 358 million New Zealand dollars in the month of May. The data has beaten the analysts forecasts which called for a […]
Brexit continues to be the main focus in the markets, especially after rating agencies cut down the growth outlook for the UK to “negative” citing “less predictable, stable and effective policy framework in the UK”. After two days of selloffs, stock markets and the GBP managed to recover today despite US markets closing deep in […]
For the past decade, organizations have undergone a paradigm shift in how they approach customer service. The rise of social media, advent of smart technologies and growing demand for real-time information have made the provision of customer services more critical than ever before. It’s no longer enough to provide your customers with a phone number […]
Investors didn’t take lightly to Britain’s vote to leave the European Union (EU). By the time trading had closed on Friday, markets from Tokyo to New York had experienced one of their worst trading days since the financial crisis of 2008. When the markets finally closed, more than $2 trillion had been wiped from the […]
27 June 2016: Peter Kear, IS Solutions CEO, tells IG he sees no material interruptions to the business model because of the UK’s vote to leave the EU. IS Solutions just reported a 187% increase in pre-tax profits with a 257% rise in dividends. Related Posts:Change in market sentiment raises risk appetite and… November 6, […]
The United Kingdom’s vote to leave the European Union left global leaders confronting the threat of contagion and economic turmoil that may soon spread throughout the world. In a shocking blow to pan-European enthusiasts ranging from the United States to the EU itself, the Leave vote received 52% of the ballot on Thursday, confounding the […]
The Pound continues to get pounded after the country’s vote to leave the EU. During the weekend the political implications from the Brexit were significant as the Scottish National Party leader has threatened to veto a Brexit as the vast majority of Scotland voted for Remain. As a result, UK’s economic outlook was cut by […]
Less than 24 hours after Britain voted to leave the European Union (EU), Prime Minister David Cameron resigned, Scotland vowed to conduct a second independence vote and global markets shed over $2 trillion. The next four months will be interesting for he markets as the Conservative party nominates a new leader who will lead Britain […]
Today’s historic and shocking decision for the UK to leave the EU is likely to have an intense impact on global markets for some time to come. We saw the sterling hit a 30-year low, stocks across the globe reacted negatively with the UK footsie losing 8.7% and predictably gold surged a massive $100. Volatility […]
One of the most historic events has unfolded overnight in the financial markets as the UK has voted to leave the EU, causing financial chaos in global markets including indices, stocks, currencies and commodities. Biggest victim has been the GBP which has fallen around 11% from 1.50 to 1.3250 in dramatic fashion. Focus will now […]
Britain’s campaign to leave the European Union succeeded on Thursday, sending global markets into a panic as investors struggled to predict just what might happen next. The so-called Brexit raises a lot of questions about the UK’s economic, financial and political future. Below is a rundown of a few questions people are asking in the […]
Source The post BRITAIN TO LEAVE EU REPORT POLLS- Updates to follow appeared first on Forex.Info. Source: Easy Forex Forex.Info Related Posts:What’s next for markets amid Israel-Iran tensions? – Special… April 16, 2024 Iran launches strikes against Israel, but markets don’t panic Traders…UK inflation report could shift the market’s focus away from… April 15, […]
Global macro overview for 24/06/2016: A mixed bag of data regarding the Eurozone flash PMI’s was released yesterday. For the whole EU, only the Manufacturing PMI has beaten the expectations raising to 52.6 points, a 1.1 point more than the previous month’s reading and 1.2 points more than the expected number. The Services PMI for […]
With results still coming through, it’s looking more likely that the UK will leave the EU, but it ain’t over until it’s over. We’ve seen near unprecedented volatility, not only on sterling, but also in many other asset classes besides. If this does prove to be the case, then the next stage will be worrying […]
Global macro analysis for 23/06/2016: All eyes are nervously following today’s Brexit vote in the UK. After a bitter and hard-fought campaign, millions of Britons are voting on whether the country remains in the EU or exits it. Most polls show a neck-and-neck race between the Remain and Leave camps, so undecided voters will likely […]
With the EU referendum due today, market participants are paying close attention to any updates related to a potential Brexit. This includes opinion poll results, statements from both the “leave” and “stay” camps, and remarks from public officials. Here’s a quick rundown of how things are shaping up ahead of the big event. Opinion Polls […]
The big day is here. UK holds the in/out referendum today. Polls should open at 6am GMT and will close at 21:00pm GMT. Any results will be announced after this time. Sky News have announced that they will publish ‘on the day’ polls at 22:00 pm GMT and their outcome could trigger sharp market moves. […]
From the desk of Eliza Eliadou, head of compliance at easyMarkets. Britain’s financial markets are reeling and the pound is in freefall. That’s your cue that the European Union (EU) referendum is approaching. In just 2 days, Britons will vote on whether they want to remain part of the 28-member EU or go their separate way. […]
After a two-day hiatus, both sides of the Brexit debate resumed campaigning on Sunday. In a debate over immigration, both Leave and Remain sought to tone down the political rhetoric in response to the killing of Labour Member of Parliament Jo Cox. The death of pro-EU MP Jo Cox may have shifted the momentum back […]
Financial markets have steadied overnight following a rally in stocks globally. GBPUSD remains the strongest currency of the week followed by commodity currencies which are boosted by oils price rise. The subsiding fear from Brexit, has helped risk appetite to return and as a result GOLD has dropped in value. UK is entering the final […]
British Prime Minister David Cameron recently described the upcoming referendum on European Union (EU) membership as “bigger than the general election.” For the first time ever, Mr. Cameron’s Vote Remain campaign appears to be losing ground in the referendum debate, with the likes of Boris Johnson and Michael Gove on the offensive with their pro-Brexit […]
16 June 2016: Survation’s CEO Damian Lyons Lowe discusses the swing to the ‘leave’ camp and highlights the surprising move to ‘Brexit’ for the 18-34 year old age group. Related Posts:Outlook for GBP/USD on April 12. The pound once again failed… April 12, 2024 Analysis of GBP/USD 5M GBP/USD made another attempt to settle…EUR/USD: Weak […]
This “distortion” between “risk” and “return” has created a “bubble” effect in all global equity classes. I informed my subscribers to exit the SPX on November 25th, 2014 and to enter cash. Their equity risk exposure was reduced to zero. Momentum oscillators are now extremely overbought and are very clearly trending bearish. I wait for […]
Nervous sentiment is prevailing in the market as the possibility of a “Brexit” has increased in the past few days. During the evening four new polls were released and three of them showed that the ‘leave’ campaign is ahead of the ‘remain’ campaign. The economic calendar is rather busy today with UK inflation and US […]
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9 June 2016: Dr Tom Becker, CEO of Iofina, says the restructuring of the company’s debt and the $10 million injection will enable it to build a future based on what the company believes will be a rise in the price of iodine. Related Posts:Technical Analysis – AUDUSD clears key barrier but another… November 6, […]
Nick Parsons from National Australia Bank says if UK votes for a Brexit, GBP will sell-off, but quickly ‘snap-back’. Nick says, though, that EUR/USD will plummet to parity and stay there because of the existential threat to the euro. Related Posts:The euro hardly has a chance to rise April 16, 2024 For over six months, […]
31 May 2016: Having suffered from a downturn in its share price over the last year, Newmark Security CEO Marie-Claire Dwek talks about shareholder benefit in 2017-18 from its new products. In the interim the progressive dividend strategy ‘remains’. Related Posts:Technical Analysis – EURUSD returns within a sideways range May 7, 2024 EURUSD returns within […]
27 May 2016: Stride Gaming saw a big rise in revenues and profits in the first half and CEO Eitan Boyd tells IG that the second half has started well. The company is now aiming to enter the lottery and scratch card market to boost profits. Related Posts:Technical Analysis – Goldman Sachs stock gains on […]
