Global markets, albeit jittery, have recovered sharply this year as investors and traders believe that monetary ease will continue.
“The very gradual monetary tightening process is on pause and has become less predictable,” says Claudio Borio, Head of the Bank … Read the rest
Latest political developments raise chances that Brexit zealots will back Theresa May’s Brexit deal. UK MPs must either accept likely adjustments to May’s withdrawal deal or vote for a Brexit delay.
This choice raises the chances of a victory for … Read the rest
Both sides of the channel fret that a no deal Brexit would cause a serious shock that would worsen economic weakness.
It is thus a concern that they aren’t considering a proposal from the Ifo Institute, a leading German economic … Read the rest
Could the year’s surprise be Parliament’s acceptance of Theresa May’s Brexit deal? Perhaps that is why currency traders are buying the pound.
Currency and stock markets are betting that the UK will avoid crashing out of the European Union with … Read the rest