Brexit, Bank Stocks, Currency Wars: The Usual Suspects - Rothschild
Brexit, Bank Stocks, Currency Wars: The Usual Suspects by Rothschild Wealth Management Foreword Bank stocks are volatile at the best of times, and these are not the best of times. Recent losses and restructurings, untested capital structures, negative interest rates, [...] The post Brexit, Bank Stocks, Currency Wars: The Usual ...
VW Staff / Value Walk | Fri, 4 Mar 2016 18:24:14
ECB has to keep cooking - Rabobank
Analysts at Rabobank explained that the ECB will continue its efforts to bring growth and inflation back on track. Key when we think about the various risks that the Eurozone are facing, a 'Brexit' could typically be a scenario which would give the ECB a good excuse to abandon the ...
FXStreet / FX Street | Fri, 4 Mar 2016 17:01:20
Brexit will hasten collapse of European Union
Adam Bouyamourn reporting from the GLOBAL FINANCIAL MARKETS FORUM, March 3, 2016 Brexit risks hastening the collapse of the European Union and plunging the continent into the chaos of the 1930s, said Yanis Varoufakis, the former Greek finance minister. The academic economist, ... Continue reading →
yanisv / Yanis Varoufakis | Fri, 4 Mar 2016 16:56:30
The markets after Brexit
OUR third look at the impact of the Brexit referendum* concerns the affect on the financial markets. Market movements can affect the economy (higher gilt yields, for example, would make it harder for the government to finance its deficit; lower equity prices could dent confidence) but they also act as ...
Philip Coggan | Fri, 4 Mar 2016 15:42:23
Gold to flatline from high says Capital Research's Morrish
The price of gold has risen 20% since the start of 2016, and Philip Morrish, analyst at Capital Research says the value of the precious metal is reacting to multiple risk factors including the 'apparent' turmoil in the global markets, war crisis zones, the Brexit referendum and the direction of ...
Proactive Investors | Fri, 4 Mar 2016 15:40:00
Sorrell warns ad industry against 'Don Draper-ish' optimism as Brexit vote looms
Advertising group made strong end to 2015 and is above target this year, but its chief says there is uncertainty over Brexit and other issues Sir Martin Sorrell has said that the bullish "Don Draper-ish" attitude of the ad industry is misplaced, warning of concerns such as a possible Brexit ...
Mark Sweney / Guardian | Fri, 4 Mar 2016 15:02:53
Life after Brexit: The UK's Options Outside the EU
What are UK's options if a majority votes in favour of Brexit this June?
Yves Smith / Naked Capitalism | Fri, 4 Mar 2016 14:55:57
Brexit: What worries Europe's richest
What would a UK exit do to your wealth?
FT | Fri, 4 Mar 2016 12:52:57
Scotland's exports are in trouble but a Brexit could save them
As HMRC announces yet more Scottish export declines, it's becoming clear that leaving the EU may be the only solution. The figures aren't pretty: Only one eighth of Scottish goods are sold abroad Overseas sales are down 9% The fall in Scottish exports is greater than the UK's overall, which ...
Matthew Nitch Smith / Business Insider | Fri, 4 Mar 2016 11:51:53
How much can the pound weaken as Brexit risk mounts - MUFG
Lee Hardman, Currency Analyst at MUFG, suggests that the pound's sharp decline early this year has resulted in cable falling below the 1.4000-level for the first time since March 2009 which was during the peak of the global financial crisis. Key Quotes"Cable has now fallen by almost 10 big figures ...
FXStreet / FX Street | Fri, 4 Mar 2016 11:37:19
UK: Mounting Brexit worries - ING
James Knightley, Senior Economist at ING, suggests that a disappointing set of business surveys suggest that the uncertainty of the Brexit vote is already weighing on UK activity. Key Quotes"The UK service sector purchasing managers' index fell much more than expected in February, suggesting that the economy has lost momentum ...
FXStreet / FX Street | Fri, 4 Mar 2016 11:03:12
Acrobatics of consensus: Brexit as an antiglocal event - Deutsche Bank
Aleksandar Kocic, Research Analyst at Deutsche Bank, suggests that the ability to make political decisions is local, while forces that shape our economic lives are global. Key Quotes"Global and local stand in opposition to each other. Their underlying antagonism can be resolved through two modes. Either local becomes an image ...
FXStreet / FX Street | Fri, 4 Mar 2016 10:37:07
'Catastrophic scenario' if UK exits EU
French President Francois Hollande is warning British referendum voters of the immigration and financial of leaving the EU.
CNN | Fri, 4 Mar 2016 09:21:13
45,000 financial markets jobs could be lost
Warning, warning!
Here Is The City | Fri, 4 Mar 2016 09:12:57
Sir Martin Sorrell warns over Brexit as WPP reports profits rise
Advertising group made strong end to 2015 and is above target this year, but its chief says industry faces uncertainty over EU referendum and other issues WPP boosted profits to £1.5bn last year but its chief executive, Sir Martin Sorrell, has warned of the risks to UK business of a ...
Mark Sweney / Guardian | Fri, 4 Mar 2016 07:53:25
The Brexit Debate
The European Union is a crucial part of the fabrics that make up Great Britain. Although, it is nowadays one of the most important talking points in British politics, for a very long time, the European Union had not occupied the consciousness of many British people. As times keep changing ...
Osmi Anannya / Ideas on Europe | Fri, 4 Mar 2016 07:15:31
Brexit 'consequences', cancer 'cure', white Easter
The French president's warning of for the UK if it quits the EU, a breakthrough in treating tumours, and the chance of a white Easter are among Friday's front-page leads.
BBC | Fri, 4 Mar 2016 06:04:35
From Schengen to 'Brexit,' risks to the euro are stacking up
It is not only European Central Bank stimulus that has the potential to hurt the euro. From the possibility that Britain might leave the European Union and the impact of refugees flooding the region, to concerns over the economic outlook and political turmoil in Ireland as well as Spain, the ...
Japan Times | Fri, 4 Mar 2016 05:39:46
Reuters: No 'Big Short' Yet for Hedge Funds on Brexit
Hedge funds have yet to make major bets on Britain leaving the European Union because few expect it to happen and most doubt a big payout from market moves around the June vote. read more
Steve Lord / FINalternatives | Fri, 4 Mar 2016 02:55:30
The prospect of a Brexit
If the British people vote for Brexit, there will be all sorts of complications: never before has a country left the EU. It is really much easier said than done. The UK would need to enter into negotiations (probably very lengthy ones) on a new agreement that would regulate relations ...
Lawrence Zammit / Times of Malta | Thu, 3 Mar 2016 23:01:04
Brexit 'consequences' and cancer 'cure'
French President Francois Hollande's warnings of for the UK if it quits the EU, and a breakthrough in treating tumour cells, are among Friday's front-page leads.
BBC | Thu, 3 Mar 2016 23:00:49
London mayor reacts to French threats over 'Brexit': 'Donnez-moi un break'
The migrant crisis became a critical bargaining chip in the debate over Britain's future membership of the European Union on Thursday, with France warning that a "Brexit" could bring immigration chaos to its neighbor's shores. French President Francois Hollande stated bluntly that there would be...
Christina Boyle / LA Times | Thu, 3 Mar 2016 21:29:00
'Brexit' Carries Risks for Both U.K., Europe
If Britain leaves the European Union, the impact on trade in services is a question of huge importance to the country and its capital.
WSJ | Thu, 3 Mar 2016 19:50:09
UK's record low interest rates to continue in 2016
Service sector slowdown trigged by financial market turmoil and fears of Brexit likely to keep rates at historic lows The UK is set for another year of record low interest rates, economists have predicted, following news that the dominant services sector suffered a sharp slowdown last month. Worries about the ...
Katie Allen / Guardian | Thu, 3 Mar 2016 19:35:46
What are the economic consequences of Brexit?
What are the economic consequences of #Brexit? â World Economic Forum (@wef) February 28, 2016
MoneyScience | Thu, 3 Mar 2016 19:18:10
Everything you need to know about Britain leaving the European Union
Are you tired of portmanteaus about Europe's nervous breakdown and potential breakup? Well, I've got some bad news for you then. There's a new one called "Brexit," and you're going to be hearing a lot about it between now and June. That's when Britain heads to the polls to decide ...
Matt O'Brien / Wonkblog | Thu, 3 Mar 2016 18:58:41
A welcome French intervention over Brexit
Migrant camps could well move from Calais to Kent if UK leaves EU
FT | Thu, 3 Mar 2016 18:15:23
EU leaders line up against Brexit
Cameron receives support from France and Germany in his bid to keep Britain in the EU
FT | Thu, 3 Mar 2016 17:48:19
Why worst may not be over for pound: FX expert
Bank of Tokyo-Mitsubishi's Derek Halpenny tells CNBC there's scope for major declines as the "Brexit" debate rages on.
CNBC | Thu, 3 Mar 2016 17:40:00
UK would struggle to get special trade deal post-Brexit - Schaeuble
LONDON, March 3 (Reuters) - German finance minister Wolfgang Schaeuble said on Thursday it would be extremely difficult or even impossible for Britain to negotiate a "special deal" on trade with the...
Reuters | Thu, 3 Mar 2016 17:25:49
Is Brexit a threat to foreign investment?
Majority of EM investors in the UK that cite a target market are targeting the EU
FT | Thu, 3 Mar 2016 17:23:53
Hollande's Calais Threat to British Voters
Earlier a French minister threatened to end border controls in Calais if Britain votes to Leave, now Hollande is making empty ultimatums to British voters. Asked specifically about what would happen to Calais border controls post-Brexit, Hollande warned: "I don't [...]
Guy Fawkes' blog | Thu, 3 Mar 2016 17:03:32
Drowning in red tape?
OUR second attempt to try to sort through the morass of opinion on Britain's EU referendum looks at the impact of regulation of business. It is virtually a truth universally acknowledged that Britain is drowning in red tape sent from Brussels, although some of the most famous examples tend to ...
Philip Coggan | Thu, 3 Mar 2016 15:42:05
Too much drama from the anti-Brexit camp
The Ins need to think how the man in the street views their message, writes Sebastian Payne
FT | Thu, 3 Mar 2016 15:18:34
Fog in the Channel: Brexit through the eyes of international trade
As we approach the referendum that will decide whether the UK continues to be a member of the European Union, we review the UK's trade position. If Brexit occurs, the UK would need to re-negotiate more than 100 trade agreements.
Pia Hüttl and Silvia Merler / Bruegel | Thu, 3 Mar 2016 15:04:03
The Implications of Brexit for the Rest of the EU
Brexit would leave the EU an even more impaired regional and geo-political player than now, when it already punches far below its economic weight.
Yves Smith / Naked Capitalism | Thu, 3 Mar 2016 14:55:19
Toyota UK warns of cutbacks if Britain leaves EU
Carmaker says Brexit would reduce competitiveness of UK operations, as SMMT finds most automotive firms want to remain in EU Toyota, one of the biggest manufacturers in Britain, has warned it will be forced to make significant cutbacks if the country votes to leave the EU. Related: EU referendum: Rolls-Royce ...
Graham Ruddick / Guardian | Thu, 3 Mar 2016 14:35:08
ALBERT EDWARDS: Donald Trump's rise and the looming Brexit vote are part of the same phenomenon
On both sides of the Atlantic, politics have gone wild. In the UK, the looming Brexit vote is drawing massive amounts of attention and in the US the same goes for the rise of Donald Trump as the Republican frontrunner for president. According to Albert Edwards at Societe Generale and ...
Business Insider | Thu, 3 Mar 2016 14:34:14
Leaving the EU Will Hurt British Science
Johnson -- the London Mayor's brother, not Boris -- is right; bigger is better for science.
Bloomberg Views | Thu, 3 Mar 2016 14:15:44
Does Brexit Provide U.S. Entrance For Foreign Lenders?
When you think about U.S. cities that attract foreign lending, the Big Apple probably tops the list - but that doesn't mean New York is the only place foreign banks find attractive. Foreign lenders are active all across the U.S., with interests in all sorts of building types. Major lenders ...
Ely Razin, Contributor / Forbes | Thu, 3 Mar 2016 14:14:00
Brexit Warnings Mount, Could Weigh on ETFs
The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB), which tracks the movement of the British pound against the U.S. dollar, is lower by 3.4% over the past month. Essentially all of that loss can be attributed to currency traders' concerns surrounding the upcoming referendum in Great Britain about European Union ...
Tom Lydon / ETF Trends | Thu, 3 Mar 2016 14:00:09
Strategists warn Brexit will hurt UK
Survey of 45 strategists finds none expect economic benefits in a split scenario.
AAP / Business Spectator | Thu, 3 Mar 2016 13:54:19
GBP remains vulnerable on 'Brexit' - Westpac
The sterling outlook remains fragile ahead of the June 23 referendum, suggested Richard Franulovich, Strategist at Westpac.Key Quotes"GBP looks vulnerable to an oversold bounce but until the 23 June referendum definitively takes Brexit risk off the table, GBP will likely struggle to mount a multi-day to capitalise on notably stronger ...
FXStreet / FX Street | Thu, 3 Mar 2016 13:18:36
Corbyn says Labour and business are 'natural allies' - Politics live
Rolling coverage of all the day's political developments as they happen, including Jeremy Corbyn's speech to the BCC conference and David Cameron's press conference with the French president 1.08pm GMT David Lidington, the Europe minister, has signed into law the secondary legislation fixing June 23 as the referendum date, after ...
Andrew Sparrow / Guardian | Thu, 3 Mar 2016 13:08:52
Brexit will push the UK into a 'currency crisis'
The pound could slump into a "currency crisis" if Britain votes to leave the European Union on June 23. In a short note, foreign exchange firm Caxton FX, notes that the effects of Brexit would set off a major downward spiral in sterling, owing to uncertainty in the markets, and ...
Business Insider | Thu, 3 Mar 2016 12:55:53
Macron, French malaise and the Brits
Questions swirl around France's economy minister and a potential Brexit, writes Tony Barber
FT | Thu, 3 Mar 2016 12:49:28
Blackrock warns Brexit offers plenty of risk for little reward
There would be little to gain from Britain leaving the EU, according to a paper from BlackRock Investment Institute (BII).
Kristian Brunt-Seymour / Professional Pensions | Thu, 3 Mar 2016 12:23:20
Business and Brexit - not as simple as it seems
It may be anecdotal, but businesses I have spoken to this morning suggest the leave EU campaign has had a reasonable start
BBC | Thu, 3 Mar 2016 12:12:57
Brexit would harm the EU's global credibility - and could rip apart the Conservatives too
A British exit would have a devastating impact on the European Union and relegate it to a second-rank world power in the eyes of the global community. John Ryan argues that the Union would see its diplomatic power greatly diminished, and that domestically a Brexit would also further divide the ...
Administrator / British Politics and Policy at LSE | Thu, 3 Mar 2016 12:00:52