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Will Brexit overshadow this month’s meeting? With only eight days to go until the UK exits the European Union and no deal in place, you would be forgiven for thinking that the Bank of England meeting on Thursday is going to be a non-event, one that investors everywhere are going to broadly ignore, but I’m
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European Council President Donald Tusk is now delivering his remarks on Brexit in a press conference. Key quotes (via Reuters) Short Brexit extension would be possible, conditional on support from House of Commons. Question remains on duration of Brexit extension. June 30th deadline has merits. At this time do not foresee extra EU leaders meeting. EU will not
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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© 2016 Bloomberg Finance LP Everyone has a friend, brother in-law or colleague that has made a killing on one stock.Apple-converted-space”>  While it’s rare, we’ve heard those stories of the person who got in as an early investor to a company that’s about to grow exponentially. They could fund their grandchildren’s retirements on the money
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The Krona appreciates to multi-week highs near 10.4200 vs. EUR. Risk-on sentiment supports the up move in the cross. The Swedish Krona is adding to yesterday’s gains and is now dragging EUR/SEK to the area of multi-week lows in the 10.4200 region. EUR/SEK targets the 5-day SMA at 10.4130 The cross is down for the
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UK casually strolling into final days without a deal There’s less than 10 days to go until the UK is meant to leave the European Union and despite the growing worry around Westminster, within there seems to be a severe lack of urgency. Not only has another vote on May’s deal this week been effectively
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IBM fueled a Bitcoin and Stellar rally recently. On Monday, Big Blue announced that its Blockchain World Wire, a real-time global payments network for regulated financial institutions on the Stellar network, has expanded in more than 50 countries. IBM’s Blockchain World Wire global payment network has a couple of advantages over conventional global network payment
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Job vacancies fall Australia’s Westpac leading index came in flat in February, falling from an upwardly-revised +0.1% reading in January, despite firmer commodity prices. In addition, skilled vacancies in February fell 0.9% m/m, escalating January’s revised 0.5% decline. The Australian jobs markets has been one of the more robust parts of the domestic economy, registering
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Gold rose on Tuesday ahead of the U.S. Federal Reserve kicked off its March FOMC meeting. The US central bank is expected to remain dovish as it keeps its benchmark rate unchanged. The focus will be on the language on the statement and the words from Fed Chair Jerome Powell. The Fed quickly put the
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