The UK referendum
decision in favour of leaving the European Union managed to surprise both
bookies and markets alike, causing a strong decline in sterling.
CEO of Chatsworth communications captured the mood when stating: "London’s
financial sector ...
Sterling has pushed higher as voting really starts to get
underway in the UK’s referendum on EU membership. Although the opinion polls
remained close – note no further polls will be released until voting closes at
22:00 UK time today – the ...
I went to a conference on China’s capital
markets this morning in Canary Wharf, one of London’s major financial
districts. On the way back to the office, I spotted a queue of people today
outside the Thomas Cook ...
The plan to include China’s RMB in the Special Drawing Rights (SDR) basket of currencies by the International Monetary Fund is likely to have a limited impact on a global scale; however, for China it has a stronger relevance ...
Following Thursday’s Brexit vote,
volatility in the currency markets could remain high through to the end of the
year regardless of the outcome, said strategists on Profit & Loss’s webinar today.
Although a vote for the UK to leave ...
Throughout the campaign leading up to the UK’s referendum on
EU membership, which will be held this Thursday (June 23), there has often been
a stark difference between the opinion polls and prices quoted by bookmakers.
Generally, the polls suggest ...
As the referendum of whether or not Britain should leave the
European Union edges closer there is still a huge amount of uncertainty
regarding the outcome of the vote.
While the majority of UK polls predict a ‘leave’ vote, the ...
It was almost inevitable and hindsight is a wonderful thing.
For as Profit & Loss’s Colin
Lambert wrote in his And
Finally…column only this morning: “The sharp Sterling move we reported last
week and I discussed in the midweek ...
The OTC FX market shrank by between 9-11% during 2015,
according to a new report from Aite Group.
According to the report, this change was largely driven by
regulations that forced banks to restructure how they do business, including
cutting prime ...
At a time when new regulations, divergent central bank policies and changing technology are threatening to fundamentally change how the global FX market operates, a unique perspective on the world’s largest asset class is always welcome.
This is why ...