US stocks are set to rally as investors await the Federal Reserve’s policy decision later on Wednesday and before earnings from tech heavyweights Facebook, Microsoft and Alibaba. Gold hovered near an eight-month high ahead of US-China trade talks, which begin today. The pound steadied after a two-day decline amid fresh […]
The pound is hovering at about $US1.26 as government uncertainty clashes with optimism about a Brexit delay. HSBC, Barclays and RBS have unexpectedly risen. Credit default swaps on UK government debt spiked. As members from her own party try to oust her, May said on Wednesday that she will contest […]
LONDON -- The pound dropped against the...
LONDON -- The pound was approaching 1.30...
The Australian 10-year bond dipped under 2% for the first time ever earlier today. That milestone has been accompanied by German 10-year bunds trading into negative for the first time ever, British 10-year gilts making an all-time low and US 10-year Treasuries trading back down to 1.55% overnight. Naturally this […]
It’s less than two weeks until the UK population votes on the referendum to decide whether Britain remains a part of the EU or makes the decision to leave and once again sail the global seas on its own. This event, and the potential economic and market repercussions from it, […]
Happy with the apparent Tory victory.