'Labour's Brexit crisis: Now it's civil war' - what newspapers in Britain and around the world said on Thursday morning
Our Foreign Staff / Telegraph | Wed, 29 Jun 2016 22:35:52
Norwegian group points to UK's Brexit vote as example of risk to co-operation on climate change
FT | Wed, 29 Jun 2016 22:33:22
Global Medical REIT defied market expectations by raising US$130m from its IPO Tuesday. The offering was larger than expected, benefiting from a timely move by investors into defensive, yield-oriented stocks in the wake of last week's surprising Brexit vote.
IFR | Wed, 29 Jun 2016 22:04:00
EUR/USD ended the day above 1.1100 as the rebound extended into a second day Wednesday, with the dollar trading broadly weaker. As the Brexit dust se
Ani Salama / FX Street | Wed, 29 Jun 2016 21:58:32
Merkel and ECB dismiss Italian premier's attempt to exploit Brexit turmoil
FT | Wed, 29 Jun 2016 21:29:16
The market has bounced nicely the past two days after the Brexit selloff. Now, here's the biggest question on trader's minds: Is this just a [...] The post The Biggest Question On Trader's Minds appeared first on Joe Fahmy The Next Big Move .
Joseph Fahmy | Wed, 29 Jun 2016 21:27:22
Remember when CNBC told us for 2 weeks that Brexit was going to lead to the end of humanity as we knew it? Well the stock market finished today nearly where it was 7 trading days ago. The zombies that came out to eat us alive are confused, and all ...
Stock Trading To Go | Wed, 29 Jun 2016 21:24:33
Amidst the Brexit induced shakeup, speculative-grade high-yield bond exchange traded funds attracted huge inflows as an extended low-rate outlook bolstered the case for yield-generating assets. Following the United Kingdom's Brexit tally, investors piled $291 million into the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG), reports Rachel Evans ...
ETF Trends | Wed, 29 Jun 2016 21:14:54
US stocks extended gains for a second session on Wednesday turning back positive for the year as Brexit worries continued to ease while oil prices ris
Ani Salama / FX Street | Wed, 29 Jun 2016 21:03:00
For the hours leading up to the "Brexit" vote as well as in the aftermath of the United Kingdom's colossally stupid decision to leave the European Union, the term "Brexit" was search more around the globe than porn which is [...] The post "Brexit" Beats "Porn" On Google Search appeared ...
Value Walk | Wed, 29 Jun 2016 20:34:50
Gold resumed the rise on Wednesday underpinned by dollar weakness and lingering uncertainty surrounding the Brexit. The yellow metal closed the day ar
Ani Salama / FX Street | Wed, 29 Jun 2016 20:23:42
Now that Brits have voted to leave the EU, outraged critics have been saying its global influence will decline and questions must be raised about why it still has a U.N. Security Council seat.Nonsense. The British deserve that seat far more than one of the other permanent members of the ...
National Review | Wed, 29 Jun 2016 20:23:04
Gold rose on Wednesday as the dollar retreated and investor appetite for safe assets remained strong.
CNBC | Wed, 29 Jun 2016 20:12:00
Stocks rallied for a second straight day as the calm that returned to markets following the post-Brexit chaos persisted. The S&P 500 returned to positive territory for the year, and the UK's FTSE 100 erased its post-Brexit losses as did crude oil. First, the scoreboard: Dow: 17,679.82, +270.10, (1.55%) S&P ...
Business Insider | Wed, 29 Jun 2016 20:00:02
* U.S. 30-year yields near record lows before late spike * Nearly $12 trillion bonds now with negative yields -Fitch * Quarter-end demand seen capping rise in long-dated yields * Brexit...
Reuters | Wed, 29 Jun 2016 19:54:48
Freedom in Our Nostrils BALTIMORE - "Brexit aftershocks send global markets tumbling," said Yahoo Finance. The Dow fell another 260 points on Monday - or about 1.5% - as central banks pledged to do "whatever it takes" to protect Deep State interests. It seems the Brexit is already forgotten - ...
Acting Man | Wed, 29 Jun 2016 19:51:25
One of the criticisms that has emerged during the Brexit event is the criticism of experts and economists specifically. One claim that has been thrown around by many people during this event and for many years is the idea that economists are useless because they didn't predict the financial crisis. ...
Pragmatic Capitalism | Wed, 29 Jun 2016 19:44:50
Submitted by Michaella Whitton via TheAntiMedia.org, U.K. police chiefs have called emergency meetings following an explosion in hate crimes across the country. The horrifying spike in racist attacks, which have come in the wake of Britain's vote to leave the European Union, has prompted police to call for enhanced sentencing ...
Zero Hedge | Wed, 29 Jun 2016 19:30:00
From DealBreaker: Brexit Freakout Reaches Porn Levels Of Mass Hysteria We all had a good chuckle when those whacky Britons started to furiously Google "What is the EU?" after the whole world watched them vote to leave it. But we aren't laughing quite as hard now are we? Maybe that's ...
Climateer Investing | Wed, 29 Jun 2016 19:24:00
**Most-Recent Must-Reads:** * **Timothy B. Lee**: [Brexit Isn't the Most Serious Threat to the EU - the Euro * **Jay Rosen**: [Facebook Backs Off on the View from Nowhere * **Andrew Golis**: [Comments Are Usually Garbage. We're Adding Comments to **Most-Recent Links:** * **Atrios**: [No One Will...
Grasping Reality | Wed, 29 Jun 2016 19:03:28
In a recent blog post, Jacqueline Gehring argued that all the hand waving about "Brexit," the UK's decision whether to leave the European Union, and an imminent Trump victory were, at best, overblown. She claims that Great Britain has always been wary of its relationship to Europe and the EU, ...
Vox | Wed, 29 Jun 2016 18:30:03
For the U.S., the spillover effects of Brexit are likely to be felt most acutely in the banking system, according to Goldman Sachs.
MoneyBeat | Wed, 29 Jun 2016 18:09:27
**Over at [Equitable Must-Reads:** * **Nick Bunker**: [How the U.S. housing boom hid weaknesses in the labor market - Equitable * **Timothy B. Lee**: [Brexit Isn't the Most Serious Threat to the EU - the Euro * **Jay Rosen**: [Facebook Backs Off on the View from Nowhere...
Grasping Reality | Wed, 29 Jun 2016 18:07:57
After plummeting 18.6 cents, mostly in a few hours after it became clear that the Brexit would carry the day, sterling has rallied four cents from the low set on Monday. We recognized that the magnitude of the drop left sterling technically over-extended, but we caution against suggests that the ...
Marc to Market | Wed, 29 Jun 2016 18:02:49
A summary of art news for June 29, 2016.
NY Observer | Wed, 29 Jun 2016 17:42:44
Boris Johnson is getting all kinds of famous.
Dealbreaker | Wed, 29 Jun 2016 17:32:39
Trump, Brexit and the hazards of groupthink.
WSJ Opinion | Wed, 29 Jun 2016 17:27:12
Telegraph | Wed, 29 Jun 2016 17:26:03
David Cameron might not be Brexit's only political victim; Jeremy Corbyn might soon follow him out the door The post UK Conservatives line up to be next PM; Labour in 'shambles' appeared first on Macleans.ca .
The Associated Press / Macleans | Wed, 29 Jun 2016 17:21:46
Bank of England head to speak on Thursday and has also met UK bank chiefs as part of contingency plan in wake of Brexit vote Bank of England governor Mark Carney is to live broadcast a statement on Thursday to soothe any anxieties about the health of the financial markets ...
Jill Treanor / Guardian | Wed, 29 Jun 2016 17:17:30
Seeking Alpha | Wed, 29 Jun 2016 17:05:48
Following signals from the global bond markets after the Brexit vote, with Jack Bouroudjian, Director of UCX, and CNBC's Bob Pisani.
CNBC | Wed, 29 Jun 2016 17:03:00
Advisers say companies have pressed the 'pause' button on planned deals
FT | Wed, 29 Jun 2016 17:02:25
Quantifying the tremors that the British vote has spread, not just in Britain but across the Atlantic.
JUSTIN WOLFERS / NY Times | Wed, 29 Jun 2016 16:52:51
Retailer dismisses Brexit concerns but urges government to ensure continued access to single market
FT | Wed, 29 Jun 2016 16:48:11
The stock market Brexit bounce is likely to be short-lived, says a report from UBS sales trading desk. On a technical basis, wave patterns could take stocks higher in the short term, but a gravitational pull might take place near [...] The post UBS Sales Desk: Technical Rally To End ...
Value Walk | Wed, 29 Jun 2016 16:47:36
London's FTSE 100 index on Wednesday closed above "Brexit" crisis levels for the first time since the morning of the In-Out European Union referendum polling last Thursday. In a solid finish - and one of the best percentage gains of the year so far - the blue-chip ticker ended up ...
Proactive Investors | Wed, 29 Jun 2016 16:44:00
Michael Gove and his columnist wife Sarah Vine are clearly a close couple, today's email reveals they are political co-conspirators as well. Pictured here on a post-Brexit stroll, the Justice Secretary is definitely sporting more than just a victor's grin. Is that a post-Brexit plan or is Michael just happy ...
Guy Fawkes' blog | Wed, 29 Jun 2016 16:43:36
Investors move beyond turmoil triggered by Brexit
FT | Wed, 29 Jun 2016 16:14:27
The Most Ludicrous Brexit Claim Yet - Britain Will Starve My thanks to Charlie Suet in the comments for alerting me to the New Yorker piece. Jeez, what are these people thinking? read more
Tim Worstall | Wed, 29 Jun 2016 15:52:46
Trinity Mirror's shares have fallen 40% in the last six months - 20% since Brexit vote - with number of job cuts to be decided Trinity Mirror has started a round of targeted cuts of editorial staff as the owner of the Daily Mirror faces up to a tough market ...
Mark Sweney / Guardian | Wed, 29 Jun 2016 15:41:47
Commodity currencies are on recovery mode on Wednesday against a broadly weaker dollar, as markets calm down a little following last week's Brexit sho
Ani Salama / FX Street | Wed, 29 Jun 2016 15:31:20
CNN | Wed, 29 Jun 2016 15:28:27
"If you wish to organise, share your experience, speak out, join in actions of solidarity and welcome and connect with other communities, we are here to help." Dear members, supporters and friends, A lot has been said before and after the vote on the EU membership. The vote is to ...
Open Democracy | Wed, 29 Jun 2016 15:24:13
CalAtlantic and Taylor Morrison are favored builders. Caesarstone gets a lift from the quartz secular growth story.
Barrons | Wed, 29 Jun 2016 15:11:02
The price of silver has jumped over the last 24 hours, hitting levels not seen since January 2015 as the metal finally sparks into action following last week's referendum result. Many investors expected silver - dubbed the 'devil's metal' - to rally alongside gold in the days following Brexit, but ...
Proactive Investors | Wed, 29 Jun 2016 15:11:00
ManpowerGroup Faces Brexit Hit-Job The recruitment firm will see earnings stumble as it derives about 10% of its revenue from the UK.ManpowerGroup Faces Brexit Hit-Job The recruitment firm will see earnings stumble as it derives about 10% of its revenue from the UK.
Barrons | Wed, 29 Jun 2016 15:09:45
European markets are now in turmoil following Brexit vote but long-term charts show little technical change.
Barrons | Wed, 29 Jun 2016 15:09:06
One of the biggest issues during the ongoing Brexit debate has been the question of migration. As such, Deutsche Bank macro strategist Oliver Harvey shared a chart in a recent note to clients showing the employment rate of UK born citizens and for non-UK born citizens. "The employment rate of ...
Money Game | Wed, 29 Jun 2016 15:08:15
PPL Pummeled by Pound, Brexit The firm generates approximately 60% of its earnings from its regulated utilities in the U.K. PPL Pummeled by Pound, Brexit The firm generates approximately 60% of its earnings from its regulated utilities in the U.K.
Barrons | Wed, 29 Jun 2016 15:06:38
Four Asset Managers Most Exposed to Brexit Invesco, BlackRock, Franklin Resources and Legg Mason have sizable presences in Europe.Four Asset Managers Most Exposed to Brexit Invesco, BlackRock, Franklin Resources and Legg Mason have sizable presences in Europe.
Barrons | Wed, 29 Jun 2016 15:06:16
Notebook: Not enough young people could be bothered to turn out
FT | Wed, 29 Jun 2016 15:03:21
The FED Finds a Good Excuse to Extend and Pretend Through Brexit Written by Nathan McDonald (CLICK FOR ORIGINAL) Brexit has happened. Those who are not happy with this reality are making their voices heard; yet, so too are those who are overjoyed to have their liberty and freedom back ...
Sprott Money / Zero Hedge | Wed, 29 Jun 2016 15:03:00
Impact of 'Brexit' on U.S. economy is likely modest.
USA Today | Wed, 29 Jun 2016 15:01:52
He's been Nigel Farage. Can he be Boris Johnson? The "Leave" campaign won the British referendum on Brexit last week by talking more like Donald Trump. Now, Trump is talking more like the Brexit campaign. In a speech on Tuesday he said, "Our friends in Britain recently voted to take ...
Vox | Wed, 29 Jun 2016 15:01:00
Money managers look more closely at events once considered unlikely - such as a Trump presidency
FT | Wed, 29 Jun 2016 15:00:20
Health, safety and even some traditional 'sin stocks' have already shown signs of weathering Brexit-related storms in European equity markets over the past week. The flight to safety in the aftermath of last week's Brexit vote is sending investors scurrying back into healthcare and consumer-related stocks that have shielded them ...
Times of Malta | Wed, 29 Jun 2016 14:59:00
Business leader Glenn Hutchins says the U.S. needs to avoid at all costs self-inflicted "chaos and uncertainty."
CNBC | Wed, 29 Jun 2016 14:57:00
Several days ago, we showed a schematic of what Citigroup thought the post-Brexit political timeline would look like. This was released before Brexit was official. Now that Brexit is official, JPM's Malcolm Barr has come out with his base case forecast of "How Brexit Happens." For those following the constant ...
Tyler Durden / Zero Hedge | Wed, 29 Jun 2016 14:50:10
A simple campaign to target racial abuse in UK calls on public to wear a #safetypin as a sign of solidarity with the country's immigrant population.
CNN | Wed, 29 Jun 2016 14:49:38
Britain's out - should you care? It depends on what's in your portfolio today. Here's a five-point checklist to help you Brexit-proof your nest egg. There's no shortage of noise floating around about the potential ramifications. Let's separate the headline worries from the second-level realities - and make sure your ...
Brett Owens, Contributor / Forbes | Wed, 29 Jun 2016 14:49:00
Stock markets continued to rally from their post-Brexit losses as they posted a second straight days of gains.
CBC News / CBC | Wed, 29 Jun 2016 14:47:04
NEW YORK, June 29 (Reuters) - The share price of a large exchange-traded fund that tracks long-dated U.S. Treasuries rose to an all-time high on Wednesday as last week's Brexit vote stoked safe-haven...
Reuters | Wed, 29 Jun 2016 14:46:06
Don't freak out about Brexit; it's not the worst thing, writes David Wheeler. Instead, why not see it as opportunity for UK to become 51st state?
CNN | Wed, 29 Jun 2016 14:45:42
"Even the creeping steps toward fascism were taken by city boys like Farage and Tories like Carswell. This is different. The public did this." I predicted the vote would go this way. I told everyone that I was sure we would lose, although deep down I hoped that I was ...
Chris Diboli / Open Democracy | Wed, 29 Jun 2016 14:43:35
Analysts aren't sure how slower job creation and the aftermath of the Brexit vote will weigh on consumers' wallets.
Andrew Soergel / U.S. News | Wed, 29 Jun 2016 14:40:00
Timing as they say, is everything. As the doors to the 2016 Summer Fancy Food Show opened last Friday at New York City's Jacob Javits Center to a record-breaking 46,000 attendees, UK's Prime Minister David Cameron announced the results of the UK's Brexit vote and his resignation. Newscasts are still ...
Phil Lempert, Contributor / Forbes | Wed, 29 Jun 2016 14:38:00
In the wake of last week's Brexit referendum, a new rival may increasingly compete for the U.K.'s favor.
CNBC | Wed, 29 Jun 2016 14:36:00
An FB friend of mine skeptical that Brexit will have much of a negative economic impact has put up a post entitled To this I say, because the widely varying possible impacts of details of that exit have induced a massive increase in uncertainty over the future around much of ...
email@example.com / Barkley Rosser | Wed, 29 Jun 2016 14:34:00
* Nearly $12 trillion bonds now with negative yields -Fitch * Quarter-end demand seen supporting long-dated Treasuries * Brexit raises risks on U.S growth outlook - Fed's Powell * U.S....
Reuters | Wed, 29 Jun 2016 14:33:44
It appears the powers that be just are not going to take it anymore. Having mistakenly allowed the people of Britain to exercise their free will, Foreign Policy's James Traub exclaims, "It's time for the elites to rise up against the ignorant masses." The Brexit has laid bare the political ...
Zero Hedge | Wed, 29 Jun 2016 14:30:00
The Bank of England has called in the chief executives of the UK's biggest banks to hold crisis talks following the country's vote to leave the European Union late last week. Bank chiefs were called into the Old Lady of Threadneedle Street, as the BoE is nicknamed, on Wednesday to ...
Will Martin / Business Insider | Wed, 29 Jun 2016 14:28:53
MS: Brexit Could Spark Global Recession Financial markets around the world seem to be recovering from the initial Brexit shock yet the underlying political discontent that helped vote leave win the battle remains, not just in the UK but in [...] The post MS: Brexit Could Spark Global Recession appeared ...
Rupert Hargreaves / Value Walk | Wed, 29 Jun 2016 14:26:26
The wrong call on the Brexit vote cost many investors, but many funds relying on algorithms came out ahead.
CNBC | Wed, 29 Jun 2016 14:24:00
Invesco (IVZ) was among the hardest-hit asset manager stocks on Friday and Monday on the heels of last week's referendum in the U.K. Analyst Christopher Harris at Wells Fargo says things have gotten a bit excessive. Invesco does considerable business in the U.K. and Europe, about 40% of revenues, and ...
Chris Dieterich / Focus on Funds | Wed, 29 Jun 2016 14:23:28
The greenback, gauged by the US Dollar Index, is prolonging its leg lower after post-Brexit peaks in the vicinity of the 97.00 handle. Today's breakdo
Pablo Piovano / FX Street | Wed, 29 Jun 2016 14:22:16
A recent Washington Post analysis has argued that political events as diverse as the Brexit and the rise of Donald Trump can be explained by a "revolt" of the world's economic "losers." Before proceeding, it is important to keep in mind that all income groups in the world have seen ...
Cato | Wed, 29 Jun 2016 14:20:00
Financial Stocks Are The Brexit Losers Following the UK's decision to try and leave the EU, financial markets around the world have been thrown into turmoil. As a result, investors in the life insurance and asset management sectors need to [...] The post Financial Stocks Are The Brexit Losers appeared ...
Rupert Hargreaves / Value Walk | Wed, 29 Jun 2016 14:19:34
Earlier this month, Gabelli Research's Jing He called Gilead Sciences ( GILD ) the most undervalued stock in biotech . And even Brexit hasn't made her change her mind:
Stocks To Watch | Wed, 29 Jun 2016 14:18:29
Dow futures are now 500 points off the post-Brexit lows, having retraced half the losses...despite the worst home sales in 6 years. Just one small problem, Treasury yields are plumbing new post-Brexit lows... Dow bounce... S&P bounce... But bonds ain't buying it... Trade accordingly.
Tyler Durden / Zero Hedge | Wed, 29 Jun 2016 14:17:14
Simon Evenett, Author of the Global Trade Alert and Professor of International Trade at the University of St Gallen said: "If the UK leaves the EU and doesn't manage to negotiate a free trade deal some consumer goods such as ... read more
Tim Worstall / Tim Worstall | Wed, 29 Jun 2016 14:15:29
Brexit just put Japan in an uncomfortable position. In the immediate market reaction to the Brexit vote, the yen rocketed higher against the dollar and the pound as investors pulled into the safe-haven currency. The yen has reversed some of its gains over the last few days, but it's now ...
Elena Holodny / Business Insider | Wed, 29 Jun 2016 14:15:00
Britain has become the first Western nation to succumb to the populist, anti-immigration...
D Volatility / Distressed Volatility | Wed, 29 Jun 2016 14:14:00
VideoThere has been much worrying over what is going to happen to the City of London, our version of Wall Street, now that Britain has voted for Brexit. How will the financial centre fare now that it is outside the regulatory embrace of the European Union? The obvious answer is ...
Tim Worstall, Contributor / Forbes | Wed, 29 Jun 2016 14:13:00
A rally on Tuesday and strength on Wednesday feels like a welcome relief after two very depressing trading sessions. Still, one thing seems to be assured. The British exit, hence Brexit, from the... AEP KR LUV T 247lee American flags
247lee / 24/7 Wall St. | Wed, 29 Jun 2016 14:10:43
What Is Brexit's Impact on Global Economy? A Pimco analyst assesses the economic fallout in the U.S. and elsewhere over the coming three to five years.What Is Brexit's Impact on Global Economy? A Pimco analyst assesses the economic fallout over the coming three to five years.
Barrons | Wed, 29 Jun 2016 14:09:04
RGA Investment Advisor June 2016 iInvestment commentary titled, "Brexit is No Lehman." Brexit Is No Lehman Moment As of last week, the story for this quarter was going to be different. We were going to highlight the more orderly recovery [...] The post Brexit Is No Lehman Moment appeared first ...
Jason Gilbert / Value Walk | Wed, 29 Jun 2016 14:01:30
Before Brexit took over, Tesla Motors 's ( TSLA ) bid to takeover SolarCity ( SCTY ) was the big news, with analysts for and against the merger . Oppenheimer's Colin Rusch and his team reiterated a Perform rating on the stock today, but introduced new estimate around the deal. ...
Stocks To Watch | Wed, 29 Jun 2016 14:00:44
Investors desperate for financial clarity now have to factor in the impact of Britain's vote on the European car market
WSJ | Wed, 29 Jun 2016 13:59:25
Flags of the European Union are displayed outside the headquarter of the European Central Bank (ECB) in Frankfurt am Main, western Germany, on July 20, 2015. Agence France-Presse/Getty Images Exchange-traded fund flows indicate that at least a few investors have been buying the post-Brexit-vote dip. Some $365 million have gone ...
Focus on Funds | Wed, 29 Jun 2016 13:57:59
LONDON, June 29 (Reuters) - Britain's Brexit vote has battered UK bank shares and rocked the country's financial markets, but a 2008-style seizing-up of its banking system looks unlikely.
Reuters | Wed, 29 Jun 2016 13:57:39
The title of an article by James Traub in the aftermath of Brexit caught my eye: It's Time for the Elites to Rise Up Against the Ignorant Masses. Here is how he sums up what is going on: The schism we see opening before us is not just about policies, ...
Political Animal | Wed, 29 Jun 2016 13:56:48
JPMorgan is almost certain that Scotland will leave the UK before an official Brexit and believes the newly independent country will adopt a new currency for the first time in 300 years. The investment bank writes in a note titled "How Brexit Happens:" "Intersecting the UK's EU exit process is ...
Business Insider | Wed, 29 Jun 2016 13:55:52
Ben Martin / Telegraph | Wed, 29 Jun 2016 13:55:31
The U.K.'s housing market is seen taking a knock in the wake of the Brexit vote, but the forecast depreciation in sterling may spur investment.
CNBC | Wed, 29 Jun 2016 13:55:00
Shares of Google-parent Alphabet Inc. (GOOGL) rose $4.34, or 0.63%, to $695.60 in morning trading on Wednesday, despite a report ... View the full post at: Alphabet's (GOOGL) Price Target Cut On Brexit
WSP / Wall Street Pit | Wed, 29 Jun 2016 13:53:31
With few in the market knowing what to do in the aftermath of Brexit (aside for chasing quarter end widow dressing of course) at least according to Citi, one voice of confidence has emerged: that of Dennis Gartman. For those interested in the commodity expert's" take, here is what the ...
Zero Hedge | Wed, 29 Jun 2016 13:52:12
Officials urge banks to keep lending to consumers to avoid repeat of credit crunch
FT | Wed, 29 Jun 2016 13:51:24
Stocks are rallying again today as investors continue to put last week's Brexit vote in the rear-view mirror. The S&P 500 has risen 0.9% to 2,053.85 at 9:40 a.m. today, while the Dow Jones Industrial Average has advanced 136.49 points, or 0.8%, to 17,546.21. The Nasdaq Composite has gained 1% ...
Ben Levisohn / Stocks To Watch | Wed, 29 Jun 2016 13:45:26
In the months leading up to Britain's referendum on whether to leave the European Union, many economists warned over and over again that a "Brexit" could have awful ripple effects: Britain could lose its favorable access to European markets if it left; uncertainty could dry up business investment; the country ...
Brad Plumer / Vox | Wed, 29 Jun 2016 13:45:00
U.S. stocks are on the rise again Tuesday, and looking to extend its Brexit relief rally to a second day.
USA Today | Wed, 29 Jun 2016 13:44:15
There's plenty to worry about if the United Kingdom actually leaves the European Union. But one particularly fraught question is what will happen to the open border between Northern Ireland (part of the UK) and the Republic of Ireland (part of the EU). If the UK wants to tightly control ...
Brad Plumer / Vox | Wed, 29 Jun 2016 13:42:00
Emily Gosden / Telegraph | Wed, 29 Jun 2016 13:41:55
Reminder of political risk coincides with markets looking ready for a fall
FT | Wed, 29 Jun 2016 13:40:33
Expert Commentary Mercatus Center scholars weigh in on the United Kingdom's historic vote to leave the European Union, examining the impetus behind the vote and the potential future repercussions. David Beckworth discusses the role central banks played in the Brexit with Bloomberg's Matt Miller, Joe Weisenthal and Scarlet Fu on ...
Richard Williams, Scott Sumner, David Beckworth, Daniel Griswold / Mercatus | Wed, 29 Jun 2016 13:40:27
If the Brexit vote tells us next to nothing about domestic U.S. politics, it did reveal a strange contradiction among many left-leaning American commentators. Liberals and progressives overwhelmingly voiced solidarity with the Remain camp, often invoking as a great thing the European Union's impressive (if far from perfect) creation of ...
Hit & Run | Wed, 29 Jun 2016 13:40:00
"Now it's our turn!" So said Geert Wilders (above), leader of the far-right PVV party in the Netherlands, after the UK electorate voted in last week's referendum to leave the EU. In practice, there is next to no chance of a Dutch referendum on EU membership - certainly not under ...
Tony Barber / FT The World | Wed, 29 Jun 2016 13:39:48
People are worried about the Brexit. With good reason, there has been considerable hand-wringing over the economic and political uncertainty that will come with the UK's decision to exit the European Union. This has manifested itself in a massive two-day fall off in global stocks (that has since abated a ...
Money Game | Wed, 29 Jun 2016 13:38:13
Despite investor fears, the "big ones," that threaten wealth, just don't happen a lot.
USA Today | Wed, 29 Jun 2016 13:37:06
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
CNBC | Wed, 29 Jun 2016 13:37:00
Brexit ETF Trading Stays Comfortably Numb by Dave Nadig, FactSet When markets get frothy, ETFs generally get a lot of heat, in multiple ways. Here's the literal line from a stump speech I give regularly on the fragile nature of [...] The post Brexit ETF Trading Stays Comfortably Numb appeared ...
Guest Post / Value Walk | Wed, 29 Jun 2016 13:34:18
Brexit adds to negative outlook for Canadian auto parts sector as companies hit with analyst downgrades
The global auto sector has been hit by falling stock prices in recent days, as fears that a formal U.K. exit from the EU could lead to costly tariffs on cars and auto parts
Sean Craig / Financial Post | Wed, 29 Jun 2016 13:34:03
Seeking Alpha | Wed, 29 Jun 2016 13:33:26
BRUSSELS, June 29 (Reuters) - President Francois Hollande said on Wednesday that a border agreement between France and Britain would not be affected by last week's Brexit vote because the so-called...
Reuters | Wed, 29 Jun 2016 13:32:54
Bond yields nudge higher on waning Brexit risk aversion
FT | Wed, 29 Jun 2016 13:32:04
European Union leaders called for an orderly British withdrawal from the bloc to minimize instability as they pledged to learn lessons from the U.K.'s political earthquake and do better at serving their citizens. As EU government chiefs took the historic step of meeting without one of the bloc's members for ...
Dean Popplewell / OANDA | Wed, 29 Jun 2016 13:31:02
The the iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver Shares (NYSEArca: SIVR) are among this year's best-performing commodities exchange traded products, but with investors looking for safer assets following the Brexit outcome, some commodities market observers see silver as ripe for a near-term retreat. Silver and other precious ...
ETF Trends | Wed, 29 Jun 2016 13:30:05
Brexit - The Weird Hobbesianism Of The Brexiphobes by Jeffrey A. Tucker, Foundation For Economic Education The UK "is part of Europe, and always will be," says Boris Johnson, a leader of the Brexit campaign. Wait. How can you be [...] The post Brexit - The Weird Hobbesianism Of The ...
Guest Post / Value Walk | Wed, 29 Jun 2016 13:29:56
The English have set aside their gift for understatement in the midst of a turbulent week bookended by the twin shocks of the Brexit vote and a humiliating defeat in soccer at the hands of tiny Iceland.
WSJ | Wed, 29 Jun 2016 13:27:45
Seeking Alpha / Seeking Alpha | Wed, 29 Jun 2016 13:25:18
Scotland to have own currency by 2019 says JPM Heavyweight investment bank JP Morgan reckons Scotland will separate from the UK and introduce its own currency within three years. The bank says it could split in a second UK referendum, which he reckons will be held some time before the ...
Proactive Investors | Wed, 29 Jun 2016 13:24:00
The pound is going to keep sliding to new historic lows in the coming months and the worst of the British currency's fall following the UK's decision to leave the European Union may not be over just yet. Sterling has notched two consecutive days of gains this week, following a ...
Will Martin / Business Insider | Wed, 29 Jun 2016 13:23:22
Markets Move Higher With Talk Of An 'Orderly' Brexit, Volatility Retreats, How Do You Like Your Windows Dressed? Via @connectedWealth Contributors: J.Price, C.Basinger, D.Benedet, C.Kerlow, D.Mak, S. Obata Markets Move Higher With Talk Of An 'Orderly' Brexit - Today Equities [...] The post Markets Move Higher With Talk Of An ...
VW Staff / Value Walk | Wed, 29 Jun 2016 13:22:26
Effects of Britain's vote last Thursday to leave the E.U. are still being assessed, and this morning, Axiom Capital 's Victor Anthony throws his hat into the ring, arguing Alphabet ( GOOGL ) seems well insulated from Brexit, but that its stock can't avoid some impact from uncertainty . Anthony, ...
Tiernan Ray / Eric Savitz | Wed, 29 Jun 2016 13:22:08
The Australian dollar has small gains on Wednesday, continuing the trend we saw in the Tuesday session. AUD/USD is trading in the mid-0.74 range in the North American session. On the release front, Australian HIA New Home Sales posted a sharp decline of 4.4%. Later in the day, Australian Private ...
Kenny Fisher / OANDA | Wed, 29 Jun 2016 13:20:23
With each passing day since the referendum it gets more and more obvious that there is no plan or model emerging from Vote Leave to take the country forward into negotiations. The absurdity of this is obvious, but here Charles Lees looks at how this hands power to Germany, whilst ...
BPP Team / British Politics and Policy at LSE | Wed, 29 Jun 2016 13:19:52