MoneyWeek: Are UK house prices about to crash?
All the jabbering about Brexit is clouding one fact about the UK housing market. ItÂ's currently slowing down. I suspect itÂ's less to do with Brexit or buy-to-let, and more to do with the fact that house prices in the UK are wildly expensive. House prices are too damn high ...
House Price Crash | Tue, 31 May 2016 22:47:16
VoteIn might have better arguments, but it is failing those it needs to reach
The arguments made at the VoteIn rally were, at last, convincing. But is the campaign refusing to engage with Brexiteers' grievances? High Street, Chipping Barnet, October 2015. Wikicommons/ Philafrenzy. Some rights reserved.At last the lineaments of the argument in the Brexit/Bremain debate are becoming scrutable. So far, I have maintained ...
Open Democracy | Tue, 31 May 2016 20:27:40
Tusk blames 'utopian' EU elites for eurosceptic revolt and Brexit crisis
Telegraph | Tue, 31 May 2016 19:00:00
A British Test of Reason
If voters in the UK decide in the country's referendum on June 23 to leave the EU, it will not be for economic reasons; indeed, it is more than apparent that Brexit would carry huge economic costs. So why does the outcome of the vote remain far from certain?
Jean Pisani-Ferry / Project Syndicate | Tue, 31 May 2016 17:23:30
Campaign Report: 22 Days to Go
Leave message: Government would axe fuel VAT post-Brexit. Remain message: Lord Sugar says Remain's better for business. Cut through: Fuel VAT cut post-Brexit. Leave social media count: 434,209 likes, 48,062 followers. Remain social media count: 440,282 likes, 31,838 followers. Odds [...]
Guy Fawkes' blog | Tue, 31 May 2016 17:01:55
Sterling Slumps as Phone Poll Shows Brexit Referendum Getting Tighter
The ICM poll gave a three point lead to "remain," a narrower lead than almost all other phone surveys so far.
Mike Bird / MoneyBeat | Tue, 31 May 2016 15:31:05
The pound is diving after the latest EU referendum poll showed a massive swing towards a Brexit
The British pound is crashing on Tuesday after a new Brexit poll showed that the Leave campaign has moved into the lead ahead of the UK's EU referendum, which is now just over three weeks away. On Tuesday afternoon, a poll conducted by ICM for The Guardian showed that 52% ...
Will Martin / Business Insider | Tue, 31 May 2016 15:24:58
Latest Brexit poll sends pound lower
Seeking Alpha / Seeking Alpha | Tue, 31 May 2016 15:01:14
The pound is diving after an unexpected Brexit poll result
Good morning! The British pound is crashing after an unexpected Brexit poll result. The Guardian reported that a new ICM/Guardian telephone poll showed that 42% of respondents would vote Remain, 45% would vote Leave, and 13% said "don't know." When including the results for those surveyed online and by phone, ...
Elena Holodny / Money Game | Tue, 31 May 2016 14:53:00
Misunderstandings on Brexit and the WTO
One of my pet peeves is how some people seem to think the WTO and other trade agreements are used to impose high tariffs. In fact, these trade agreements involve promises to lower tariff rates. For example, if the U.S. and Canada both charge a 20% tariff on car imports, ...
Simon Lester / Cato | Tue, 31 May 2016 14:02:00
Would leaving EU save British households £1.7bn a year on energy bills?
Leave campaign says Brexit would allow government to scrap VAT on domestic fuel, saving individual households £64 annually The Leave campaign has claimed that quitting the EU would save British households £1.7bn a year on heating and lighting, or £64 a year for each household, because the government would be ...
Sean Farrell / Guardian | Tue, 31 May 2016 12:30:35
BREXIT WATCH - Brexit bad for investors, says crowdfunder
May 31 A survey of over 3,000 investors by crowdfunding platform SyndicateRoom has pointed to around £2bn worth of assets at risk if the UK leaves the EU, with an average of £81,000 of invested assets per capita. Almost half of the investment at risk is in the property market, ...
Proactive Investors | Tue, 31 May 2016 11:05:00
From Verdun to London
European reconciliation and its achievements are the best reason to vote against Brexit
El País / EL PAÍS | Tue, 31 May 2016 10:11:27
GBP/USD turns volatile, drops to 1.4568 and returns to 1.4600 handle
The GBP/SUD pair erased all of the latest 'Brexit' poll result gains to 1.4724 and dropped sharply below 1.4600 handle to 1.4568 and is currently trad
Haresh Menghani / FX Street | Tue, 31 May 2016 08:46:47
Stephen Hawking: 'Trump is a demagogue'
Stephen Hawking has admitted that he is stumped by the popularity of Donald Trump or why people would vote for Brexit.
CNBC | Tue, 31 May 2016 08:22:00
Brexit 'an enormous economic problem'
Former Prime Minister Tony Blair says leaving the EU would create "an enormous economic problem" following any Brexit vote on 23 June.
BBC | Sun, 29 May 2016 12:44:49
GBP/USD: further declines to follow to 1.4370 - FXStreet
Valeria Bednarik, chief analyst at FXStreet explained that following an advance to 1.4769, a fresh 4-month high, the GBP/USD pair plunged to 1.4530".Extra related reading: Brexit Countdown: the "Has Britain Got Talent?" editionKey Quotes:"The Pound initially hit by the final revision of the UK April Markit manufacturing PMI that fell ...
FXStreet / FX Street | Tue, 3 May 2016 19:05:07
GBP/USD getting smashed, target 1.4450 - Scotiabank
Analysts at Scotiabank explained that the intraday price action is clearly weak for the GBP. Extra related reading: Brexit Countdown: the "Has Britain Got Talent?" editionKey formed a bearish reversal (outside range) on the hourly chart and a bearish "shooting star" on the 6-hour and daily chart.Price action suggests a ...
FXStreet / FX Street | Tue, 3 May 2016 18:44:10
Tuesday assorted links
1. The rest of the world is starting to see Los Angeles as a walkable city (NYT). 2. Robert Samuelson on Brexit. A crude set of arguments, but he is basically right. 3. Alcoholic markets in everything, Indian edition. 4."Coal mined on federally managed lands accounts for approximately 40% of ...
Marginal Revolution | Tue, 3 May 2016 16:34:16
Campaign Report: Day 19
Leave message: Brexit is a message of hope. WATCH: 'Our message is fundamentally one of hope and belief in Britain'. Let's #TakeControl on 23 June - Vote Leave (@vote_leave) May 3, 2016 Remain message: Experts support Remain. For example, [...]
Guy Fawkes' blog | Tue, 3 May 2016 16:26:03
UK manufacturing PMI points to further loss of economic momentum - ING
James Knightley, Senior Economist at ING, notes that the UK manufacturing PMI drops to a 3 year low, offering further evidence that Brexit worries are weighing on the economyKey Quotes"The UK manufacturing purchasing managers' index has surprisingly dropped back into contraction territory, coming in at 49.2 in April versus a ...
FXStreet / FX Street | Tue, 3 May 2016 10:45:59
Most followed: 'March of the makers' grinds to a halt
The April Purchasing Managers' Survey indicates UK manufacturing activity contracted for the first time in three years, and naturally the fear of 'Brexit' has been blamed. "This is a worrying and disappointing survey," said Howard Archer, the widely-quoted chief European & UK economist at IHS Economics. Even his job title ...
Proactive Investors | Tue, 3 May 2016 10:09:00
Steepest Decline In Manufacturing Since 2013
UK manufacturing activity goes into reverse according to a report which highlights nerves ahead of the Brexit referendum.
Sky | Tue, 3 May 2016 10:00:40
SNP discipline stills doubts about Brussels
Brexit for some offers tantalising stepping stone to independence
FT | Tue, 3 May 2016 09:47:06
Uber, But For Brexit
Isabel Oakeshott's write up of working the room with Arron Banks at the White House Correspondents Dinner is filled with nuggets. She reveals the Uber app comms chief Rachel Whetstone is backing Brexit: "Hovering at entrance to the 30,000-square-foot ballroom, [...]
Guy Fawkes' blog | Tue, 3 May 2016 08:47:12
EUR/GBP still under pressure - Danske Bank
Chief Analyst Arne Rasmussen at Danske Bank expects the cross to come under renewed pressure in the short term.Key Quotes"In recent weeks, EUR/GBP has come off sharply as the Brexit risk premium has been we note that recent polls have been more mixed, which should cap GBP estimate that the ...
FXStreet / FX Street | Tue, 3 May 2016 06:38:43
Poll shows UK business confidence at four-year low
Survey of chartered accountants says Brexit fears, budget fallout, slowdown in China and weak UK sales denting companies' ability to plan ahead Worries about the EU referendum in June, rising labour costs and China's slowdown have knocked UK business confidence to a four-year low, according to a report that will ...
Katie Allen / Guardian | Mon, 2 May 2016 23:01:38
Brexit Will Shatter Europe
Michelle Shevin-Coetzee, Rachel Rizzo Politics, Europe Bremain is Britain's best bet. On June 23, the United Kingdom will hold a referendum that will determine whether it remains a member of the European Union. Arguments abound in both the pro- and anti-Brexit camps over the drawbacks and benefits of staying or ...
Michelle Shevin-Coetzee, Rachel Rizzo / National Interest | Mon, 2 May 2016 20:51:00
Cameron Needs More Than a Close Win on Brexit
Only a decisive victory would settle the question of the U.K.'s European destiny and give the prime minister a strong mandate to rebuild trust with the rest of the EU, Simon Nixon writes.
WSJ | Mon, 2 May 2016 19:24:36
European fintech funding deals have tripled, but the Brexit threat poses a serious problem
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Thanks to helpful regulations, Europe has become a hotbed of fintech activity, and deals in this region have tripled in the last year. But the looming threat of the "Brexit" could shake ...
Andrew Meola / Business Insider | Mon, 2 May 2016 18:41:00
Brexit 'could boost eurozone GDP'
Financial activity would relocate out of London, says leading economist Lemoine
FT | Mon, 2 May 2016 16:58:12
What Brexit would mean for relations between India and the UK
Much of the debate about Britain's impending referendum on membership of the European Union so far has focused on external trade and the UK's standing in the world. President Barack Obama intervened to say that the UK would not find new trade deals easy to conclude, even with strong allies. ...
Navajyoti Samanta, Lecturer in commercial law / The Conversation | Mon, 2 May 2016 10:28:24
UK property deals eyed amid Brexit fears
Investors look for opportunistic deals in London as vote jitters hold back large institutions
FT | Mon, 2 May 2016 09:45:48
Moody's: Brexit vote would "likely" trigger a negative outlook on the UK's Aa1 rating
In an interview with CNBC on Monday, Moody's Dietmar Hornung, head of the group's Sovereign Risk, told that a Brexit vote would have a negative impact on the UK's ratings.Key Quotes:UK Brexit vote would "likely" trigger a negative outlook on the Aa1 rating currently heldAlthough it would be unlikely it ...
FXStreet / FX Street | Mon, 2 May 2016 06:53:42