UK Prime Minister Boris Johnson said Sunday the next few days will be key to his chances of securing a BREXIT deal, and that an agreement with the EU is his aim and still possible. With less than 7 wks remaining until Britain is due to leave the European Union, PM Johnson has yet to […]
British PM Johnson has prepared plans to legally stop any BREXIT extension, the plan under consideration would see Johnson sending a letter alongside the request to extend Article 50 setting out that the government does not want any delay after 31 October. PM Boris Johnson is sticking to his BREXIT plan and will not seek […]
Resistance to a no-deal BREXIT does not sit well with Prime Minister Boris Johnson, who is hinting at ignoring recently passed legislation on talks about a British exit from the EU. Refusing to enact the just-passed legislation would be a violation of law, a step PM Johnson is apparently willing to take when asked if […]
Brexit is going to end soon. How will Fintech Companies fare in the UK post-Brexit? Is Brexit good for cryptocurrencies or bad for it? Brexit has been on the front burner for most of the past two years. Theresa May has already resigned following her inability to make Brexit happen. Boris Johnson is facing the […]
British Prime Minister Boris Johnson’s hardline Brexit strategy stood in tatters on Thursday after a humiliating week left him without a working majority but unable to call an election. His supporters ended a night-long filibuster in the upper House of Lords when the government gave up trying to block a measure designed to stop a […]
The British parliament voted Wednesday to prevent Prime Minister Boris Johnson taking Britain out of the EU without a deal on 31 October, but rejected his 1st bid to call a snap election 2 weeks before the scheduled exit. After wresting control of the day’s parliamentary agenda from PM Johnson, the House of Commons backed […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street’s Key stock indexes bounced Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers’ approval of a law to delay BREXIT provided some optimism to investors worried about global growth. The Fed’s September Beige Book described overall economic activity as expanding at a […]
Boris Johnson is putting all his eggs in one basket in the final run-up to Brexit. But by sending parliament on forced leave, he is damaging democracy and also one of the last intact pillars of the United Kingdom: Queen Elizabeth II This summer has been anything but fun for Queen Elizabeth II, with her […]
European Commission spokeswoman Mina Andreeva said the EU’s executive body, which supervises BREXIT talks on behalf of Britain’s 27 European partners, is operating on the “working assumption” that Britain will leave the bloc 31 October, but… Tuesday, Boris Johnson suffered Key defections from his party, losing a working majority in Parliament and weakening his position […]
Monday, UK PM Boris Johnson said he will not delay leaving the European Union and made an unveiled threat that an election might be needed to deliver BREXIT. A senior U official confirmed that PM Johnson is planning to call a general election on 14 October if he loses a Key vote over a no-deal […]
British Prime Minister Boris Johnson challenged UK lawmakers to deliver on the BREXIT vote and not thwart his plans to take Britain out of the EU on 31 October. PM Johnson pledges to deliver BREXIT with or without a deal, but opposition lawmakers,and several lawmakers from his Conservatives want to act to rule out a […]
Europe’s BREXIT drama is fast moving to a new climax, threatening to sow chaos for businesses just as a large part of the European continent is headed to recession. A disorderly exit is a worst-case scenario that both sides have been trying to avoid since the BREXIT vote 3 years ago, and many experts now […]
Prime Minister Boris Johnson will suspend Britain’s Parliament for more than a month before BREXIT, enraging opponents and raising the stakes in the nation’s most serious political event in decades. Cheered President Trump, Mr. Johnson launched the move to take the country out of the EU by 31 October with or without an exit deal, […]
When it comes to travel, your manners are the carry on that matters most. Travel broadens the mind, but there are often an unwritten rules governing behavior. From the expectations of other tourists to ingrained traditions and customs, and you do not want to offend. To avoid making a faux pas that ruins your trip, […]
UK Prime Minister Boris Johnson said he is prepared to take BREXIT talks with the EU down to the very last minute before the 31 October exit deadline, and if necessary to take a decision to leave without a deal on that day. PM Johnson has 68 days to convince the EU to give him […]
A possible trade deal with the U.S. will do little to mitigate the impact of Britain leaving the EU without a deal in place, economists have told CNBC. Both the U.K. and U.S. governments have expressed a desire to forge a partial deal on trade as soon as possible after Britain’s anticipated departure from the […]
Amid the ongoing Brexit stalemate, the Home Office is pushing ahead with its plan for EU citizens living in the UK to register for a new ‘settled status’. It has launched a new nation wide marketing campaign to encourage them to apply for the EU Settlement Scheme before its full roll-out on March 30. All […]
UK Prime Minister Boris Johnson, who has worked to lead his Great Britian since he was a boy, will get his 1st moment on the world stage in his new role at the Group of Seven (G-7) Summit in France this weekend. And he will be determined to ensure it will not be his last. […]
Some of the Irish businesses most exposed to the risk of Britain crashing out of the European Union in 10 weeks are not very well prepared, Ireland’s government warned yesterday. The Irish economy is considered the most vulnerable among EU members to Brexit, with employment-heavy industries in rural areas among those relying most on doing […]
German Chancellor Angela Merkel warned Wednesday of the economic impact of a chaotic no-deal Brexit, hours before she was to receive British Prime Minister Boris Johnson on his first foreign visit. ‘The economic sky is not cloudless’, and global tensions and Britain’s impending departure from the European Union ‘are already causing us headaches’, Merkel told […]
The EU is being “a bit negative” about the prospects of reaching a BREXIT but it can be done, British Prime Minister Boris Johnson said Tuesday. The bloc earlier rebuffed Mr. Johnson’s demand that it reopen the BREXIT deal, saying Britain had failed to propose any realistic alternative to the backstop, an agreed insurance policy […]
$GBP, $EUR, $USD Tuesday, the European Union rebuffed UK Prime Minister Boris Johnson’s demand that it reopen the BREXIT deal, saying Britain had failed to propose any realistic alternative to an agreed insurance policy for the border with Northern Ireland. After more than 3 years of BREXIT uncertainty, the UK is heading to a showdown […]
British opposition leader Jeremy Corbyn called on Monday for a general election to try to end the Brexit impasse, as Prime Minister Boris Johnson came under pressure to recall parliament. Corbyn hates democracy and has embraced communism, he is now attempting to derail Brexit. Corbyn said his Labour Party would offer a second referendum on […]
Monday, UK Prime Minister Boris Johnson called on France and Germany to change their position on BREXIT and negotiate a new exit deal for Britain, reiterating his stance that he is ready to leave the EU without a deal if they do not. With Britain set to leave the bloc at the end of October, […]
A no-deal Brexit on October 31 could cause food, fuel and medicine shortages. According to government assessments leaked to the press. Despite Prime Minister Boris Johnson ramping up preparations in his first weeks in office. Johnson ordered government departments to “turbo-charge” contingency planning after taking power on July 24. Promising “all necessary funding” beyond the […]
Stock markets nervously traded sideways on Thursday as investors all but gave up hope that a US-China trade war could be nearing its end. Fears over the stand-off between the world’s two biggest economies added to jitters over the state of the world economy which had inflicted heavy losses on equities on Wednesday, including the […]
German Chancellor Angela Merkel said on Sunday that she would meet British Prime Minister Boris Johnson Wednesday evening to discuss Britain’s planned departure from the EU, adding that Berlin is prepared for a No-deal BREXIT. The fact is Germany is running scared of such an event. PM Johnson is seeking to persuade EU leaders to […]
UK Prime Minister Boris Johnson will tell French President Emmanuel Macron and German Chancellor Angela Merkel that the British parliament cannot stop BREXIT. “This coming week, Mr Johnson will travel to Germany and France to insist to Emmanuel Macron, the French president, and Angela Merkel, the German chancellor, that Parliament cannot stop BREXIT,” the report […]
German investor confidence hit its lowest ebb in almost eight years in August, a survey by the ZEW institute showed Tuesday, sapped by trade and currency wars and the threat of a no-deal Brexit. The Mannheim-based researchers’ monthly barometer measuring investors’ economic expectations for Europe’s powerhouse economy plunged 19.6 points, to -44.1. That was far […]
The United States will enthusiastically support a no-deal BREXIT if that is what the British government decides to do, President Trump’s NSA John Bolton said Monday during a visit to London aimed at reassuring Britain over UK-US ties. Mr. Bolton told British Prime Minister Boris Johnson that President Trump wants to see a successful British […]
The Trump Administration will pursue a free-trade agreement with Britain as soon as possible after it leaves the EU, Secretary of State Mike Pompeo said Wednesday as the country’s new Foreign Secretary made his 1st official visit to the United States. Secretary Pompeo also thanked the government of new British Prime Minister Boris Johnson for […]
$XAU, $GLD, $USD FLASH: The precious Yellow metal is now acting like the Key safe-haven from the world’s problems. Gold prices spiked Monday rising 1.5% to new 6-year highs. Gold is the play within the trade dispute between Presidents Trump and Xi. Gold risen 17% since the moment last December when President Trump declared, “I am a […]
FLASH: The British government is working on the assumption that the EU will not renegotiate its BREXIT deal and is preparing to leave the 28 nation bloc on 31 October without an agreement. Boris Johnson, the new British PM has promised to deliver BREXIT by the end of October “no ifs or buts,” plans to […]
FLASH: Boris Johnson, a Man in a Hurry to Make Britain Great Again, MBGA With Britain’s departure from the EU due in less than 100 days, new Prime Minister Boris Johnson is a man in a hurry. But he is not rushing off to Brussels. The UK leader has no meetings scheduled with EU officials. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Wall Street Liked the Trade News and Earnings Reports Moving this Market S&P 500 closes above 3000, boosted by encouraging trade news and positive earnings, guidance from widely-held companies High-level trade talks will reportedly continue in China next week from Monday to Wednesday 10 of 11 S&P 500 sectors […]
$AAPL, $KO, $CAT, $AMZN, $MCD, $BA, $OIL, $SOY FLASH: Earnings season continues with companies including: Amazon.com, Alphabet, Unilever, Caterpillar, Coca-Cola, McDonald’s and Boeing. Monday, technology shares led gainers among US stocks following mixed sessions in Europe and Asia as investors looked ahead to a busy week of corporate earnings. Crude Oil gained amid tensions in […]
President Trump is proving himself as a “genuine world leader” with his reception in England and during other recent trips, former House Speaker Newt Gingrich said Tuesday. “There is something pathetic about the American news media who end up in Japan or end up in Great Britain, end up in France,” Speaker Gingrich said. “Half […]
The Pound-to-Euro exchange rate has fallen 3.66% in May while the Pound has fallen 4.25% against the Dollar over the same period. It appears that Brexit uncertainty played a hand in the contraction last month, with new orders plummeting in May as retailers sought to sell through inventories stockpiled in recent months in preparation for […]
$BAC, $C, $JPM, $MS, $WFC, $USD, $GBP, $JPY The Fed As the US yield curve is deciding whether to invert/not Invert, investors seek reassurance that we are in a era of non-inflationary growth, and focus on monthly price gauges this week. Wednesday, the US Labor Department is expected to report that its March Consumer Price […]
$GBP UK lawmakers rejected PM Theresa May’s BREXIT deal for a 3rd time Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the day it was supposed to leave the single currency socialist bloc. The decision to reject a stripped-down version of Mrs. May’s deal has left […]
$DIA, $SPY,$QQQ, $RUTX, $VXX FLASH: S&P 500 marks its Best Quarter since 2009 Friday the US stock market liked what it heard: The US and China held “constructive” trade talks in Beijing this week, according to Treasury Secretary Steven Mnuchin and the White House. Trade talks will continue next week in Washington with China’s Vice […]
$GLD.$USD, $JPY FLASH: Last week gold posted its 3rd consecutive weekly gainer and rose 1%, the most since the week ending 1 February. The fundamentals Spot gold up 0.1% at $1,314.21 oz as of 0128 GMT. US gold futures up 0.2% at $1,314.40 oz. Investors sold shares Monday moving to the safety of bonds, while […]
FLASH: Theresa May summons Brexiteers to ward off coup. UK Prime Minister Theresa May was holding crisis talks with colleagues on Sunday working to revive her 2X Brexit deal after reports that her Cabinet was plotting to topple her. The United Kingdom’s exit from the European Union was already slipping from Mrs. May’s weakened grasp […]
$GLD, $USD, $EUR, $GBP, $CNY What we have been seeing over the past few years is that confidence in government is fading and the price of Gold is rising. Some current examples The UK House of Commons voted 413-202 last week to delay Britain’s exit from the EU. Despite resounding defeats, Prime Minister Theresa May […]
$GLD, $BAR,$USD FLASH: Some money managers says recession fears on global-economic slowdown sign actually give savvy investors a Golden opportunity to start investing in a precious metal commonly considered a haven amid uncertainty and say that gold’s price is “very affordable” now. “You’ve had a bit of a V-shaped recovery in the market, but [with] […]
UK Prime Minister Theresa May will ask the EU to delay BREXIT by at least 3 months after her plan to hold a 3rd vote on the divorce deal was thrown into disarray by a surprise intervention from the speaker of Parliament. Nearly 3 years after Britain voted narrowly to leave the EU, its departure […]
The German government’s panel of independent economic advisers has slashed its growth forecast for this year and is now predicting that the German economy will grow by only 0.8%. In a regular update, the panel cut its Y 2019 forecast from the previous 1.5% and said growth may accelerate next year to 1.7%. The experts […]
FLASH: The New York City’s St. Patrick’s Day Parade in New York 2019 But nothing could put a damper on the largest Irish-American Saturday, with tens of thousands of marchers following a painted green line up Fifth Avenue for the 6-hour parade. Though many people are worried about BREXIT as they are waiting for the […]
FLASH: UK Parliament voted Thursday to seek a delay of the country’s departure from the European Union, a move that will likely avert a chaotic withdrawal on the scheduled exit date of March 29. With Brexit due in 15 days and no divorce deal yet approved, the House of Commons voted 412-202 to ask the […]
FLASH: President Trump says his administration “looks forward to negotiating a large scale Trade Deal with the United Kingdom” as the country continues to try to hash out its departure from the European Union. Thursday, President Trump said that he is “surprised at how badly” negotiations have gone between the United Kingdom and the European […]
UPDATE: Britain’s Parliament strongly rejects Prime Minister’s BREXIT deal in major blow to EU divorce plan. Parliament Parliament to Vote between No-deal BREXIT and Delaying Departure from EU Thursday. UK PM Theresa May worked to win last-minute changes from the European Union to her BREXIT deal Monday, a day before a Key vote in Britain’s […]
FLASH: The EU’s economy is cooling more than many investors believe, the slowdown poses the biggest risk to the market. The European Central Bank (ECB) has limited tools at its disposal to respond to economic weakness while European governments are not prepared to respond with spending warns Mohamed El-Erian. “People are underestimating how quickly Europe […]
FLASH: Calling for “fair, balanced, and reciprocal trade with the UK” and “state of the art rules” to achieve it, the US Trade Representative has published an 18-page document of negotiating objectives for the forthcoming UK-U.S. trade deal both nations hope to strike if Britain finally leaves the EU. The new document, from President Trump’s Trade […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: March is shaping up as pivotal for the world economy. The coming weeks are set to offer clarity on a US-China trade deal, Britain’s fate within the EU and any signs that China’s economy is turning around. Also, President Trump is mulling a report that may lead him to […]
UK PM Theresa May pushed back the deadline for Parliament to vote on her BREXIT deal, in a gambit she hopes will buy more time for negotiations but which risks inflaming the revolt against her. The British PM confirmed she will not bring a new deal back to the House of Commons for a final […]
FLASH: The Latest on Britain’s withdrawal from the European Union The British government says trade deals with Japan, Turkey and other countries will not be in place by 29 March, the day Great Britain is due to leave the European Union. International Trade Secretary Liam Fox has claimed the UK will be able to continue […]
London is taking its turn in the style spotlight with the opening of London Fashion Week, an extravaganza that will feature up-and-coming young designers along with big names like Victoria Beckham, Vivienne Westwood and Burberry. More than 100 catwalk shows are scheduled along with countless crowded, parties and dozens of presentations. The London-based Turkish designer […]
UK PM Theresa May is seeking more time to renegotiate her BREXIT deal as Parliament threatens to take control over the process to stop the UK opting out of the EU with no agreement in place. The PM wrote a conciliatory letter to opposition Labour Leader Jeremy Corbyn, after he proposed setting her a new […]
UK Prime Minister Theresa May is preparing to delay the 2nd Parliament vote on her BREXIT deal until the end of February, it was reported late Wednesday. The PM’s whip, indicated at a cabinet meeting Tuesday that the vote would not be held next week as expected because Mrs. May will not have renegotiated her […]
British officials have revived Cold War emergency plans to relocate the royal family should there be riots in London if Britain suffers a disruptive departure from the EU next month. “These emergency evacuation plans have been in existence since the Cold War, but have now been re-purposed in the event of civil disorder following a […]
The rise of populism is leading to Europe “coming apart before our eyes,” a group of 30 historians and Nobel laureates from 21 countries conclude in a co-signed letter Sunday. “We must now will Europe or perish beneath the waves of populism,” the letter reads, per the report. “We must rediscover political voluntarism or accept that resentment, […]
$GBP, $EUR, $GS Queen Elizabeth, 92 anni, has sent a message to Britain’s factious political class over BREXIT, urging lawmakers to seek common ground and grasp the big picture to resolve the crisis. With the clock ticking down to 29 March, the date set in law for Britain to leave the EU, the United Kingdom […]
UK PM Theresa May unveiled her BREXIT Plan Monday, and it looks a lot like Plan A. Mr.s May launched a mission to resuscitate her rejected EU divorce deal, setting out plans to get it approved by Parliament after securing changes from the EU to a contentious Irish border measure. Mrs. May’s opponents expressed incredulity. […]
The Latest on Britain’s exit from the EU Austrian Chancellor Sebastian Kurz is suggesting it may be possible to give Britain more time to leave the European Union if it comes up with a good strategy, saying a no-deal BREXIT would be bad for everyone. Chancellor Kurz is quoted by Germany’s Welt am Sonntag newspaper […]
Germany’s economic performance in Y 2018 was its weakest in 5 years, it was reported Tuesday. The German economy grew 1.5% last year, a sharp decliner from the 2.2% expansion in Y 2017, and the slowest annual rate since the European debt crisis in Y 2013. Experts say the slowdown was due to a number of […]
$GBP, $USD Wednesday, British Prime Minister Theresa May’s government survived a no-confidence vote, a day after her BREXIT deal was overwhelmingly rejected by lawmakers. The House of Commons expressed confidence in the government by 325 votes to 306, meaning Mrs. May can remain in office. There was no effect on US financial markets. Tuesday, UK […]
$SPY, $GLD Surprise, after all of the ‘bunk’ you have heard since early October, do not be shocked that there will be no additional Fed rate hikes, a 20% S&P 500 rally and no recession.. Byron Wein defines “surprise” as an event that the average investor would only assign a 33% chance of taking place […]
2019 Will Bring Volatility, But No Recession, UBS Said in its year end report The year will bring increased volatility but no recession, UBS predicts in its “2019 Year Ahead” outlook report. Because of that, investors should stay invested and look for opportunities that the uncertain market will provide, the financial firm advised. On balance, […]
Now the chances of the UK leaving the EU are “50-50’’ if Parliament rejects Prime Minister Theresa May’s withdrawal agreement in January, International Trade Secretary Liam Fox said in an interview Sunday. “If we were not to vote for that, I’m not sure I would give it much more than 50-50,” the veteran campaigner for […]
The UK is free to unilaterally revoke a notification to depart from the EU, the European Court has ruled. The judicial body said this could be done without changing the terms of London’s membership in the bloc. The European Court of Justice (ECJ) opined in a document issued on Monday that Britain can reverse Article […]
Theresa May, “I will be the PM to take Britain out of EU” Saturday, Theresa May said she would be the Prime Pinister to take Britain out of the European Union and that Parliament should back her BREXIT deal to ensure certainty for the future. Ms. May inked a deal with EU leaders last Sunday […]
President Trump, “BREXIT deal could mean UK cannot trade with US” BREXIT agreement could jeopardize the UK’s ability to trade with the US The country on course to crash out of the bloc with No agreement in place. The agreement blessed by the EU Sunday is a great deal for the EU The EU has frequently […]
EU Leaders Seal BREXIT Deal, Call on Britons to Back PM May Sunday, EU leaders warned the British parliament not to wreck Prime Minister Theresa May’s BREXIT deal, saying a package agreed is the best Britain will get. “Those who think that, by rejecting the deal, they would get a better deal, will be disappointed,” […]
BREXIT Progress: UK Gives Consent to Spain over Gibraltar, Deal Done Spain’s junior minister for the European Union says British authorities have consented to Spanish demands granting Madrid prior approval on matters relating to Gibraltar. Luis Marco Aguiriano says “we have a promise, a commitment, from the British government saying they are ready to … […]
The Key Points of the Draft BREXIT Deal The UK and the EU have agreed to the final bit of their BREXIT deal, setting out a vision for close economic ties in a draft that hands Prime Minister Theresa May some Key political wins. EU Council President Donald Tusk said the draft had been agreed […]
Bank of England’s BREXIT Analysis Due Next Week The Bank of England will publish its economic analysis of Prime Minister Theresa May’s BREXIT deal next week as well as an assessment of what would happen if Britain crashes out of the EU with No deal. The assessments will be sent to lawmakers on the Treasury […]
British Cabinet Backs PM May’s BREXIT Plan British Prime Minister Theresa May said on Wednesday that cabinet had backed her BREXIT plan, adding it was in the national interest but that there would be difficult days ahead. “The collective decision of cabinet was that the government should agree the draft withdrawal agreement and the outline […]
Prime Minister Theresa May on Tuesday faced her divided ministers as negotiators scrambled to secure a divorce agreement with the European Union and anxiety mounted over the risk of a no-deal Brexit. May said Monday her government was working “extremely hard” to save a deal, telling officials of London’s financial district that negotiations “are now […]
Brexit Latest Update Exhausted diplomats in Brussels have taken to calling this stage of the Brexit negotiations “The Tunnel”. British and EU officials are negotiating day and night to get to the outline of a Brexit deal by Wednesday. They need to resolve the final sticking points, notably on customs checks for Northern Ireland, before […]
BREXIT Deal Getting Closer A European Union (EU) chief says the chances of Britain and the bloc striking a BREXT deal are rising, amid reports the two sides are moving closer on the fraught issue of the Irish border. European Commission President Jean-Claude Juncker told Austrian newspapers in comments published Saturday that “the rapprochement potential […]
Campaigners for a second referendum on Brexit are braving scepticism and even hostility as they hit Britain’s streets as part of a growing movement to get Britons to change their mind. More and more politicians are calling for another vote and recent polls show some 40 percent of the population support it but reactions are […]
Gold Down and USD Up on Fed Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold is down more than 13% from an April high, largely because of the stronger USD Concerns about Iran sanctions led to a widening difference between NYMEX WTI Crude and ICE Brent Crude prices Global mining […]
Gold Up and USD Up on FOMC Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Thursday, Gold prices rose, as investors looked for bargains after the metal fell a 2-week lows in the prior session following a US interest rate hike and as limited gains in USD after the decision supported demand […]
Gold Steady on Flat USD, and FOMC Rate Policy Announcement + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices drifting in a narrow range Wednesday as investors awaited cues of the FOMC’s 2-day meeting, where policymakers are expected to raise interest rates for the 3rd time this year. Spot gold was up […]
Gold Flat on Firm USD, China Trade Tensions Continue + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold was steady Tuesday on US-China trade tensions after $200-B of tariffs came into effect, investors stay on the sidelines ahead of the FOMC policy meeting. Spot gold was barely changed at 1,198.28 oz by 0056 GMT. […]
Gold Down on From USD, as China Halts Trade Talks + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold edged lower Monday, as USD held firm on news that China has cancelled trade talks with the United States, with the market also eyeing this week’s FOMC policy meeting for guidance on […]
Gold Prices Up, Easing Trade Concerns Soften USD + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Asian stocks extended gains Friday thanks to Wall Street marking all-time highs, as investors believe that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. […]
Gold Prices Steady, Trade Concerns Pressure USD + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT In Asia Asian stocks followed global indexes higher Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had on US growth amid the […]
Gold Prices Up, as USD Eases + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT Gold prices edged up Wednesday, as the USD weakened despite another round of reciprocal tariffs in the US-China trade dispute. In focus 19 September 2018 Spot gold up 0.1 % to 1,199.18 oz by 0044 GMT US gold futures […]
BREXIT Negotiator Says, “Deal Possible by November” The European Union’s chief BREXIT negotiator says a divorce agreement with Britain by early November is “possible,” and that has triggered a big rally in the Great British Pound. At a conference in the Alpine lake resort of Bled in northwestern Slovenia, Michel Barnier said a BREXIT deal […]
GBP British Inflation Accelerated British inflation accelerated last month on high transport costs, hitting average workers’ purchasing power — but boardroom pay has surged, data showed Wednesday. The Consumer Prices Index (CPI) 12-month rate picked up speed to 2.5 percent in July after 2.4 percent in June, the Office for National Statistics (ONS) said in […]
FX: Sterling (GBP) Traders Focused on BREXIT Outcome GBP/USD: -0.32% to 1.2721, Tuesday’s action is the 9th consecutive decliner for the GBP Having sunk to 13-month lows, the Pound Sterling could fall by up to another 10% in the coming months should Britain crash out of the EU without a deal on future trade ties, […]
Britain’s economy picked up speed to outpace the eurozone in the second quarter despite mounting concerns over Brexit, official data showed Friday, helped partly by sunny weather and the World Cup football tournament. Gross Domestic Product — the value of all goods and services produced in an economy — grew 0.4 percent in the three […]
The Bank of England appears set Thursday to hike interest rates to combat high inflation, as it eyes fallout from both Brexit and the global trade war, economists say. Policymakers are widely expected to ramp up the British central bank’s main interest rate by a quarter-point to 0.75 percent — which would be the highest […]
Britain is moving ahead with plans to negotiate a free trade deal with the United States as soon as it leaves the European Union, International Trade Secretary Liam Fox said Wednesday. But Fox also said he would like to see a “de-escalation” with Washington over the growing array of tariffs, as he offered an energetic […]
BREXIT: UK want US Deal As the British government prepares to finalize its withdrawal from the European Union and create new trade agreements, 64 percent of British voters and 67 percent of American voters support a strong, bilateral trade agreement between the two countries, according to a YouGov poll commissioned by Washington-based FP1 Strategies and […]
UK PM Theresa May’s Power Weakened Over BREXIT Former UK Foreign Secretary Boris Johnson implored fellow lawmakers not to abandon BREXIT urging them to remember the initial enthusiasm for a sharp break from the EU. UK Lawmakers confronted Prime Minister Theresa May on her plans for leaving the European Union Wednesday, with testy exchanges in […]
Trump-May Relationship Solid Despite BREXIT Comments Thursday, Christopher Ruddy said that President Donald Trump and British Prime Minister Theresa May had a “love fest … in terms of their 2 countries” at a state dinner in London despite the President’s interview that May’s BREXIT plan would imperil a free-trade deal with the US “I would […]
President Trump: “May’s BREXIT Plan Could ‘Kill’ US Trade Deal” British Prime Minister Theresa May’s plan for BREXIT would “probably kill” the prospects for a free trade deal with the United States, US President Donald Trump said in an interview Thursday “If they do a deal like that, we would be dealing with the EU […]
Soros Seeks to Overturn Democracy in UK Brexiteers have reacted with fury at the upcoming launch of a new campaign by pro-Remain group ‘Best for Britain’ which is demanding a second referendum on the UK’s membership of the European Union. “We made our mind up already,” said UKIP MEP Nigel Farage on his LBC radio […]
