GLOBAL investors seeking value have been switching money into Asian and emerging markets. But following steep rallies from the depressed levels in December, several analysts are cautioning that markets are overbought.
“The rotation from developed markets equity funds to emerging … 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
The BIS, the central bank’s central bank, is renowned for its warnings about the global financial system.
Claudio Borio, head of the Bank of International Settlements (BIS) BIS’ Monetary and Economic Department spells out the dangers: “Since the early 1980s … Read the rest
FUTURE historians will wonder why British politicians caused a great nation to self-harm over its European Union membership.
Brexit Tory MPs contend that a sovereign UK needs to be free from the “shackles” of an EU that desperately needs reform. … Read the rest