Sterling, UK and European stock markets have been remarkably steady during a political crisis that is engulfing Britain.
Veteran former cabinet minister Oliver Letwin, Conservative, has successfully brought an amendment that has won a victory over Prime Minister Theresa May. … Read the rest
To the day, it is ten years since the bottom of the bear market and what an extraordinary bull market it has been. Since Wall Street, by and large, sets the tone for the rest of the world, it’s market … Read the rest
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