U.K. Defense Secretary Michael Fallon: Contributions to ISIS War Prove 'Brexit' Hasn't Diminished World Role
Britain is not moving toward isolationism following a referendum to withdraw from European Union, Michael Fallon says.
Paul D. Shinkman / U.S. News | Wed, 20 Jul 2016 21:40:59
Low interest rates and Brexit have hurt the stock but strong quarterly results point to better times ahead.
Barrons | Wed, 20 Jul 2016 21:26:34
Mid-week market update: As stock prices have recovered strongly off the Brexit panic bottom to make a new all-time high, there are numerous signs that the market is ready to take a breather. In all likelihood, a period of sideways consolidation or minor pullback is on the horizon.The full post ...
Humble Student of the Markets | Wed, 20 Jul 2016 21:00:00
Yellow flag? The post-Brexit rally to new highs for the S&P 500 has pushed the broad U.S. market's valuation well above its long-term average.
USA Today | Wed, 20 Jul 2016 20:57:04
Stocks were in rally mode today, as it was risk on all the way. The markets were cheered by Microsoft's results last night, and the love in between May and Merkel that is dispelling the Brexit fears. After the bell today, Intel beat the numbers. However the markets were not ...
Jesse's Café Américain | Wed, 20 Jul 2016 20:17:00
With lingering concerns over the Eurozone, a post-Brexit world and growth in China, investors seeking international exposure should turn to exchange traded funds that target strongly positioned companies. On the upcoming webcast, ETF Strategy to Access Morningstar's Top International Picks, Dan Lefkovitzm Content Strategist for Indexes Morningstar, Alex Morozov, Director ...
ETF Trends | Wed, 20 Jul 2016 19:59:57
Abandoning President Obama's insulting "back of the queue" rhetoric now that Britons have voted to Brexit, the Obama administration is signaling an openness to a U.S.-U.K. free-trade agreement. Newly named British foreign secretary Boris Johnson, the former mayor of London and one of the leaders of the Leave campaign, met ...
National Review | Wed, 20 Jul 2016 19:49:59
In the 17 trading days since Brexit, VIX has fallen 15 of them plunging from almost 27 immediately after the British vote to 11.4 lows this morning - the lowest since August 2014. This collapse is the fastest in the 26 year history of VIX. Leaving the VIX term structure ...
Zero Hedge | Wed, 20 Jul 2016 18:45:00
Morgan Stanley CEO James Gorman sat down with CNBC's David Faber to discuss the future trajectory of the firm.
CNBC | Wed, 20 Jul 2016 18:26:00
PM's first stop on long haul to Brexit elicits accommodation from chancellor
FT | Wed, 20 Jul 2016 18:25:18
Authored by John Mauldin via While everyone was talking about Brexit last month, the Bank for International Settlements released its 86th annual report. Based in Basel, Switzerland, the BIS functions as a master hub for all the world's central banks. It settles transactions among central banks and other international organizations. ...
Zero Hedge | Wed, 20 Jul 2016 17:45:00
One of the most important conservative politicians in Cleveland this week isn't even a Republican. It's Nigel Farage, the former leader of the UK Independence Party who led the successful push for Britain's exit from the European Union. Farage was invited to Cleveland by the Republican National Committee and was ...
Mother Jones | Wed, 20 Jul 2016 16:57:45
Marcus Nunes directed me to a very interesting post by Roger Farmer (written right after the Brexit vote.) Farmer suggests that the Bank of England needs to do whatever it takes to prevent uncertainty from depressing aggregate demand. Indeed it should consider buying shares in an index fund, if necessary. ...
Money Illusion | Wed, 20 Jul 2016 16:24:45
The Brexit vote has unleashed a huge amount of commentary on anti-establishment politics, the failure of experts , the abdication of the left , and much else. Juxtaposed to the presidential campaign in the United States, Brexit is regarded by many as a wake-up call. In response, former US Treasury ...
Brookings | Wed, 20 Jul 2016 16:09:00
Melt-ups precede a major stock market crash, and by all appearances we may be in a melt-up right now that could cause a stock market crash in 2016. First, a small bit of euphoria kicked up permabull adrenaline in the US market when Brexit didn't make the... Please click on ...
EconMatters Global | Wed, 20 Jul 2016 16:00:00
Republican National Convention 2016 live updates: Donald Trump will arrive in Cleveland ahead of Mike Pence accepting the vice presidential nod July 20, 2016, 2:46 p.m. What to know about the Republican National Convention in Cleveland:• Watch the convention with us live.• Catch up with what you...
Lisa Mascaro / LA Times | Wed, 20 Jul 2016 14:55:00
Having tagged last Thursday's intraday highs, S&P futures are fading this morning (for now)... but, as Bloomberg notes, U.S. stock-market internals are exhibiting conflicting signs as the rally in the S&P 500 Index approaches 10% from the low reached after Brexit. Just 5 percent of companies in the benchmark have ...
Zero Hedge | Wed, 20 Jul 2016 14:21:54
PM says there will be strict limits to post-Brexit stimulus
FT | Wed, 20 Jul 2016 14:00:59
Tags A A Home | Feed | Blog.rssBooms and BustsBusiness CyclesMoney and BankingWhy A Brexit Crisis Is Not A Bust 0 Views A recent survey of UK firms conducted by Deloitte has revealed that the referendum decision to leave the EU has battered business confidence, as "82 percent of chief ...
Mises Institute | Wed, 20 Jul 2016 13:28:06
July 19- Even after a good quarter, optimism is hard to find on Wall Street's bond trading floors. Results were helped by Britain's surprise vote to leave the European Union, which rippled across global markets- including record currency volumes for some big banks. "We aren't buying into it just yet," ...
CNBC | Wed, 20 Jul 2016 13:06:00
Top Analyst Upgrades and Downgrades: Johnson & Johnson, Lockheed Martin, MGIC Investment, TransCanada, Verizon and More
The stock market is still challenging all-time highs, despite fears of Brexit and valuations being high. Investors just keep proving that they will buy their favorite stocks on pullbacks. 24/7 Wall... BWLD CHTR FANG GCO JNJ KALU LMT MTG NUE PNRA PZZA SAP SFLY SPLK STLD TRP TS VZ WDAY ...
24/7 Wall St. | Wed, 20 Jul 2016 12:55:39
Theresa May faces the first big tests of her premiership with a grilling by U.K. lawmakers in Parliament and then her first trip abroad as prime minister.
WSJ | Wed, 20 Jul 2016 12:10:21
Here's a super-quick guide to what traders are talking about right now (EBAY, FFIV, INTC, QCOM, AXP)
Via Dave Lutz at JonesTrading, here's a super-quick guide to what traders are talking about right now: Good Morning! Futures eyeing fresh highs as Earnings rolls (MSFT, MS and ISRG big beats), while the BOE's Brexit report sparked €500mln of buying in EuroStoxx Futures in one tick. The S&P is ...
Business Insider | Wed, 20 Jul 2016 11:34:10
Research Team at BBH, suggests that although sterling and interest rates have not fully recovered from the Brexit decision, equity markets have, and f
Sandeep Kanihama / FX Street | Wed, 20 Jul 2016 11:11:25
James Hasik Security, An idea so crazy it just might work. This week's Republican National Convention has reminded me again that knowing your nuclear triad is important. Some of the malcontentedness after last month's Brexit referendum is a reminder that the Scottish Nationalists don't like nuclear weapons, triad or not. ...
National Interest | Wed, 20 Jul 2016 11:09:00
Here is what you need to know. The Bank of England says Brexit isn't killing the economy. "As yet, there was no clear evidence of a sharp general slowing in activity," said the BOE's July "Agents' summary of business conditions." However, the central bank did suggest there was still a ...
Money Game | Wed, 20 Jul 2016 10:55:00
One of the arguments made by the Leave campaign during the UK's referendum was that Brexit would allow Britain to negotiate trade deals globally more quickly than would be possible via the EU. Mark Manger writes that the plans outlined so far by David Davis, the UK's new 'Brexit Secretary', ...
British Politics and Policy at LSE | Wed, 20 Jul 2016 10:43:50
Since June 23rd volumnes of analysis and comment have already been written in newspapers and online, about the United Kingdom's decision to leave the European Union as the result of a referendum. However, nobody fully understands all of the consequences of Brexit, as 43 years of treaties - between the ...
Ideas on Europe | Wed, 20 Jul 2016 10:10:06
U.S. sovereign bonds built on this week's gains Wednesday as demand waned for safe haven assets prompted by the Brexit vote.
CNBC | Wed, 20 Jul 2016 10:07:00
Shares in scientific instrument specialist Judges Scientific plc (LON:JDG) were taking a pasting on Wednesday as it unveiled a disappointing first half for orders, although there was a rebound later on. "The recent revival in order intake and the positive impact of a weaker pound post Brexit give the board ...
Proactive Investors | Wed, 20 Jul 2016 09:23:00
The direction of market confidence isn't easy of late given the recent set of events and mixed market data emerging around the globe. One would have put the EU on a steady course to recovery a few months back, yet Brexit headwinds, market volatility and even pressures from terrorist attacks ...
Mathieu Ganado / Times of Malta | Wed, 20 Jul 2016 08:49:00
UK Market Snapshot UK markets finished higher yesterday. Data showed that the UK consumer prices rose more than expected on an annual basis in the "Brexit" month. Coca-Cola HBC climbed 3.1%, after a leading broker upgraded its rating on the stock to 'Overweight' from 'Neutral'. Royal Mail gained 1.7%, after ...
Proactive Investors | Wed, 20 Jul 2016 07:34:00
Swedish household-appliance maker Electrolux posted a significant rise in second-quarter net profit, propelled by strong sales in Europe and North America, but warned on the impact of Brexit.
WSJ | Wed, 20 Jul 2016 07:24:46
The race for control of Britain's Labour Party narrowed on Tuesday as lawmaker Angela Eagle withdrew, leaving incumbent Jeremy Corbyn up against a challenger promising a second Brexit referendum. Labour's left wing and its more moderate factions have been locked in a power struggle ever since Britain voted to leave ...
OANDA | Wed, 20 Jul 2016 06:54:28
Monetary stimulus may be needed to prevent a slump in U.K. construction following the Brexit vote.
CNBC | Wed, 20 Jul 2016 06:03:00
Seeking Alpha | Wed, 20 Jul 2016 04:48:10
Pressing on with Brexit could foment nationalist feeling further
FT | Wed, 20 Jul 2016 04:30:45
Prime minister makes Berlin first stop on long haul towards Brexit deal
FT | Wed, 20 Jul 2016 04:30:39
Evening HeadlinesBloomberg: May, Merkel Face Brexit Red Lines on U.K. Premier's Berlin Debut. Theresa May's first meeting with Angela Merkel in Berlin will involve more pleasantries than hard bargaining. A week after taking office as U.K. prime minister, May, 59, will be keen to size up the woman who will ...
Between the Hedges | Wed, 20 Jul 2016 03:04:00
Lawrence J. Korb, Mike Wackenreuter Security, Europe Will it be the next victim of deglobalization? At the first NATO summit in the wake of Brexit, U.S. and European leaders looked to the military alliance as a needed source of stability. As Adm. James Stavridis (Ret.), a former NATO commander, wrote ...
National Interest | Wed, 20 Jul 2016 02:27:00
Despite concerns about Brexit, the Australian economy is finally set to pick up in the second half of 2016 as commodity prices and shares improve.
SMH | Wed, 20 Jul 2016 02:04:32
The Central Bank waiting game is taking hold of the G-10 complex as Investors nervously contemplate their pending decisions while mindfully scanning the geopolitical landscape. Australian Dollar-Losing Yield Appeal Fissures are appearing in the yield carry backstop that supported the Australian Dollar post-Brexit. The Australian Dollar Yield appeal tarnished after ...
OANDA | Wed, 20 Jul 2016 01:54:36
Spooked by concerns about global economic growth and the looming consequences of Britain's Brexit, global fund managers have dropped their equity allocations to underweight for the first time in four years while raising cash to the highest in almost 15 years, according to a new BofAML survey. read more
FINalternatives | Wed, 20 Jul 2016 01:45:23
Global investors are on the hunt for U.K. property bargains, expecting that Brexit-fueled economic turmoil could weaken real-estate values. The drop in the value of sterling has only increased the appeal.
WSJ | Wed, 20 Jul 2016 01:21:28
Britain's vote to leave the European Union has cast into further doubt the future of a far-reaching trade deal between the EU and the U.S.
WSJ | Wed, 20 Jul 2016 01:01:39
Investors sit on the sidelines, with the Australian share market steady in early morning trade after strong run since Brexit.
SMH | Wed, 20 Jul 2016 00:59:11
Federal Reserve officials are looking more confidently toward a rate increase before year-end, possibly as early as September, now that financial markets have stabilized after the Brexit vote and the economy shows signs of picking up.
WSJ | Wed, 20 Jul 2016 00:36:56
The Dow Jones Industrial Average edged up, extending its record-breaking rally. The index is now up about 3% from its pre-Brexit level.
WSJ | Wed, 20 Jul 2016 00:12:00
PM Theresa May says she does "not underestimate the challenges" ahead in negotiating the UK's exit from the EU, ahead of her first talks with Germany's Angela Merkel.
BBC | Tue, 19 Jul 2016 23:57:39
Predictions revised down from April as IMF says EU referendum result has 'thrown a spanner in the works' of global recovery The International Monetary Fund has slashed its forecast for UK growth next year after warning that the decision to leave the EU had damaged the British economy's short-term prospects ...
Larry Elliott Economics editor / Guardian | Tue, 19 Jul 2016 23:10:15
What We're Following The Post-Brexit Bust: The International Monetary Fund has lowered its forecast for global economic growth as a result of Britain's exit from the European Union. While the U.K. and Europe will be hit hardest, the IMF predicts that economic recovery around the world will be weakened by ...
Rosa Inocencio Smith / The Atlantic | Tue, 19 Jul 2016 23:04:41
Peter Spence / Telegraph | Tue, 19 Jul 2016 23:01:00
The IMF predicts Canada will bounce from being the G7 economy in 2016 to be second strongest
Damon van der Linde / Financial Post | Tue, 19 Jul 2016 22:56:21
The Reserve Bank says Brexit fears won't hit the global economy too hard, but more sluggish local consumer prices could set the scene for an August rate cut.
SMH | Tue, 19 Jul 2016 22:16:07
Time for a little update on recent worries, memes and phobias. Lord knows, there's no shortage. First, Brexit. Hope you don't own property in London. It's already shaping up to be what the 'remain' guys forecast - an economic and financial challenge for little, isolated Britain. This week the IMF ...
Greater Fool | Tue, 19 Jul 2016 22:11:05
IMF scraps growth forecast amid Brexit uncertainty, top economist warns against 'popular' rants against markets
The International Monetary Fund scrapped its forecast for a pickup in global growth this year, citing Britain's vote to leave the European Union, and warned the damage could worsen if confidence falters among investors and companies. The IMF sees global gross domestic product rising 3.1 percent this year, down from ...
Japan Times | Tue, 19 Jul 2016 21:57:20
The International Monetary Fund (IMF) has said the UK's decision to leave the European Union has "thrown a spanner in the works" of its global growth forecast.
BBC | Tue, 19 Jul 2016 21:37:35
Brexit expected to have mild impact but agency sites risks of more severe effects.
USA Today | Tue, 19 Jul 2016 21:29:06
Wall Street leader grapples with less lucrative banking times
FT | Tue, 19 Jul 2016 20:06:14
By Marlene Givant Star Few CEOs are more exposed to Brexit than Chris Walsh. His company, NiceLabel, a privately held maker of barcode label printing software, was founded in Slovenia more than 20 years ago. In June, Walsh succeeded Zvone Duplancic, the company founder, as CEO. Having previously served as ...
Mergermarket, Contributor / Forbes | Tue, 19 Jul 2016 20:03:00
Read full story for latest details.
CNN | Tue, 19 Jul 2016 19:52:40
The deal gives the Japanese company access to chip designs for phones and other small devices.
LESLIE PICKER, MARK SCOTT and JONATHAN SOBLE / DealBook | Tue, 19 Jul 2016 19:10:07
* Brexit uncertainty prompts IMF to cut global growth forecasts
Reuters | Tue, 19 Jul 2016 19:01:01
Is the Brexit outcome really bad news for UK fintech? Some pundits had voiced serious concerns prior to Britain's EU referendum that it could seriously impact London, a major fintech hub globally. The first multi-million fundraise since the vote by Europe's largest P2P online invoice finance platform MarketInvoice may have ...
Roger Aitken, Contributor / Forbes | Tue, 19 Jul 2016 18:46:00
The International Monetary Fund downgraded its forecast for global economic growth as Britain's vote to leave the European Union weighs on consumer confidence and investor sentiment.
WSJ | Tue, 19 Jul 2016 18:40:24
Jeremy Warner / Telegraph View | Tue, 19 Jul 2016 18:40:06
As the equities market swings, traders have incorporated leveraged and inverse exchange traded funds to jump on short-term opportunities and hedge around events, like the Brexit vote. "If ever there was a market environment for uncertainty hedging, it is now," Andy O'Rourke, Managing Director and Chief Marketing Officer at Direxion, ...
ETF Trends | Tue, 19 Jul 2016 18:39:43
Global stocks and riskier junk-bonds have taken flight in the weeks after last month's 'Brexit' vote. The SPDR S&P 500 exchange-traded fund (SPY) has climbed 8% from its low on June 27 and the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) has climbed 4.3% (excluding dividend payouts). And ...
Focus on Funds | Tue, 19 Jul 2016 18:22:30
The repercussions of the British vote to leave the EU may significantly impede global growth, a new report says.
Andrew Soergel / U.S. News | Tue, 19 Jul 2016 18:14:00
There is no room for dogma in assessing demands of fiscal stimulus
FT | Tue, 19 Jul 2016 18:02:54
The International Monetary Fund trimmed its outlook for the global economy on Tuesday, citing Britain's decision to leave the European Union. But the fund warned Brexit could make the outlook far worse. Here's how.
Ian Talley / WSJ Economics | Tue, 19 Jul 2016 18:00:34
The first legal challenge to the U.K.'s Brexit startedwith a hearing in the U.K. High Court in a case where claimants argue only Parliament, and not the prime minister, can trigger the U.K.'s withdrawal from the EU.
WSJ | Tue, 19 Jul 2016 17:58:19
London stocks ended flat on Tuesday although tech stocks fared well as speculation moved onto who might be snapped up next after news this week that Softbank is buying ARM Holdings (LON:ARM) in the wake of a Brexit-fuelled weaker pound. The blue-chip FTSE100 index ended up just 0.03% at 6,697, ...
Proactive Investors | Tue, 19 Jul 2016 17:53:00
FCA head Andrew Bailey confirms no 'great bonfire of regulations' post-Brexit
FT | Tue, 19 Jul 2016 17:49:27
1. How sex workers verify the identities of their clients. 2. Chat at the Institute for Economic Affairs with Stephen Davies. We covered Brexit, Trump, the great stagnation, why you won't live to 800, cultural diversity, and much more. I wasn't holding back for this one, and some crowd members ...
Marginal Revolution | Tue, 19 Jul 2016 17:45:48
Bond, currency and equity trading venues, banks and brokers are debating the need to move operations
FT | Tue, 19 Jul 2016 17:41:14
Here's what we know on Tuesday, July 19: -The IMF has lowered its forecast of global economic growth because of the U.K.'s decision to leave the EU. -Britain voted June 23 to leave the EU by a 52 percent to 48 percent margin. David Cameron resigned last week because of ...
Kathy Gilsinan / The Atlantic | Tue, 19 Jul 2016 17:26:32
The Brexit vote last month came as a surprise to many people (including me), and there is still a lot of uncertainty - both legal and political - as to how the United Kingdom (UK) will proceed. In order for Brexit to go forward, the UK will have to invoke ...
Simon Lester / Cato | Tue, 19 Jul 2016 17:21:00
Theresa May has promised ahead of her first cabinet meeting that the government will not be "defined by Brexit" but will nonetheless make a success of the country's departure from the EU.
Here Is The City | Tue, 19 Jul 2016 17:18:49
The global growth outlook for 2016 and 2017 has deteriorated since the start of the year, and Brexit only adds to downside risks, that's Deutsche Bank's observation of the global macro environment. Brigewater Via JPM: Global capex as % of [...]
Value Walk | Tue, 19 Jul 2016 17:18:17
Here Is The City | Tue, 19 Jul 2016 17:14:31
Surge in campaign mailings puts brake on decline in letters division
FT | Tue, 19 Jul 2016 17:14:04
Today, we are pleased to present a guest column written by Jeffrey Frankel, Harpel Professor at Harvard's Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. This is an extended version of a column appearing at Project Syndicate, July 13. Many parallels have ...
Econbrowser | Tue, 19 Jul 2016 17:02:07
Ben Martin / Telegraph | Tue, 19 Jul 2016 16:58:21
IMF says Brexit has 'thrown spanner in works' UK inflation rises following surge in air fares German investor confidence collapses European markets fall 5.39pm BST And here's another view on the IMF's latest pronouncements, from Capital Economics. The research company's Michael Pearce said: After spending the run-up to the UK's ...
until 2.30 / Guardian | Tue, 19 Jul 2016 16:47:20
Unease about Britain's EU farewell sent the mood among German investors plunging in July to its lowest since November 2012, according to the first major sentiment snapshot of the post-Brexit era in Europe's largest economy
Hurriyet | Tue, 19 Jul 2016 16:42:00
Judges to rule on action to prevent the government from invoking Article 50 without act of parliament
FT | Tue, 19 Jul 2016 16:41:28
This week on our Masters in Business podcast, we speak with Richard Haass, President of the Council on Foreign Relations. This conversation covered everything from Terrorism to Trade to Immigration to Brexit, and given all of the recent events overseas, could not ossibly be more timely. Haass, who has a ...
The Big Picture | Tue, 19 Jul 2016 16:00:05
POLITICO Europe. Belgium.
POLITICO Europe. Belgium. / World Affairs | Tue, 19 Jul 2016 15:54:13
WSJ City's Brexit Briefing: Treasury Upbeat in Face of IMF Bears, Ireland's a Winner, JP Morgan's Brexit Plan
Good afternoon from London. Here's essential reading for the City on today's Brexit developments from WSJ City. For updates throughout the day, you can download WSJ City for iPhone here or Android here. You'll need to open this email on your mobile device to do this. And you can sign ...
Philip Georgiadis / MoneyBeat | Tue, 19 Jul 2016 15:50:07
Despite the post-Brexit market rally, fund managers have gotten even more wary of taking risks.
CNBC | Tue, 19 Jul 2016 15:44:00
May data masks regional variations and current property values could already be declining, expert says House prices surged by 1.1% in May, according to official , with the typical home jumping in value by £2,400 over the month. The Office for National Statistics figures were taken before the Brexit vote, ...
Patrick Collinson / Guardian | Tue, 19 Jul 2016 15:34:24
The International Monetary Fund has released its latest update to global growth prospects. And it says that the uncertainty over Brexit, the process of Britain leaving the European Union, is going to markedly slow that global economic growth. This seems a little unlikely on the face of it. Sure, Britain ...
Tim Worstall, Contributor / Forbes | Tue, 19 Jul 2016 15:30:00
Investors doubt that payout levels from the FTSE 100's biggest global companies will be sustained, even as Brexit has boosted their share prices.
WSJ | Tue, 19 Jul 2016 15:07:53
Ever since Brexit, analysts have been touting airline stocks like Southwest Airlines ( LUV ) and Spirit Airlines ( SAVE ) that cater primarily to travelers in the U.S. over Delta Air Lines ( DAL ), United Continental ( UAL ), and American Airlines ( AAL ), which have loads ...
Stocks To Watch | Tue, 19 Jul 2016 15:07:35
The UK Government does not plan to trigger Article 50 of the Lisbon treaty initiating the UK's departure from the European Union before the end of this year, the country's High Court was told Tuesday.
CNN | Tue, 19 Jul 2016 15:04:56
The International Monetary Fund has said Britain's decision to leave the European Union will reduce economic growth worldwide. It has trimmed its...
euronews | Tue, 19 Jul 2016 15:04:19
Dr Gerard Lyons and Louise Cooper on how Britain will trade after Brexit.
BBC | Tue, 19 Jul 2016 15:03:54
The IMF says the United Kingdom's decision to leave the European Union has "thrown a spanner in the works" of its global growth forecast.
BBC | Tue, 19 Jul 2016 15:01:28
The U.K's vote to leave the European Union has pushed the International Monetary Fund to cut its world growth forecast for this year and next.
CNBC | Tue, 19 Jul 2016 14:55:00
The economic implications of Brexit continue to rear their ugly head: In a global economic outlook released Tuesday morning, the International Monetary Fund said not only that it is slashing its 2016 and 2017 global growth forecast in light of the referendum.
Maggie McGrath, Forbes Staff / Forbes | Tue, 19 Jul 2016 14:50:00
Software Guidance Chilled by Brexit The general macro uncertainty may result in fairly conservative second-half guidance from most software companies.Software Guidance Chilled by Brexit The general macro uncertainty may result in fairly conservative second-half guidance from most software companies.
Barrons | Tue, 19 Jul 2016 14:47:05
Bank Bulls Beware: Stocks Below Pre-Brexit Levels Low rates keep hurting banks. Though the sector roared back this month, the major trend remains to the downside.Bank Bulls Beware: Stocks Below Pre-Brexit LevelsBy Michael Kahn Low rates keep hurting banks. Though the sector roared back this month, the major trend remains ...
Barrons | Tue, 19 Jul 2016 14:46:16
LONDON, July 19 (Reuters) - Relying on the European Union's securities rules to allow banks access to the single market after Britain leaves the bloc was not a "sweeping solution", Bank of England...
Reuters | Tue, 19 Jul 2016 14:32:28
In a worst-case scenario, talks with EU will break down, Britain will fall into recession and global growth will slow to 2.8%, the IMF warns
Andrew Mayeda, Bloomberg News / Financial Post | Tue, 19 Jul 2016 14:26:15
Under the guise of 'flexibility', Hermes is delivering a raw deal for its workers | Felicity Lawrence
The low-pay scandal at the delivery firm reveals a new norm of the workplace, where apparently 'self-employed' workers are exploited for the sake of a company's profits Want to know why the slogan "take back control" resonated so loudly with people voting for Brexit? One good place to look for ...
Felicity Lawrence / Guardian | Tue, 19 Jul 2016 14:15:37
The International Monetary Fund cut its global growth forecasts for the next two years, citing uncertainty over Britain's looming exit from the European Union.
REUTERS / NY Times | Tue, 19 Jul 2016 14:14:13
While European Central Bank President Mario Draghi says Britain's leaving the European Union could harm the bloc's growth, the bank is expected to adopt a wait-and-see approach at its Thursday meeting.
WSJ | Tue, 19 Jul 2016 14:09:47
USD/JPY extended gains at the beginning of the American session, reaching its highest level since the Brexit vote, as the dollar strengthened broadly.
Ani Salama / FX Street | Tue, 19 Jul 2016 13:33:22
Brexit expected to have mild impact but agency sites risks of more severe effects
USA Today | Tue, 19 Jul 2016 13:01:19
The U.K's vote to leave the European Union has pushed the International Monetary Fund to cut its world growth forecast for this year and next.
CNBC | Tue, 19 Jul 2016 13:00:00
These are challenging times for Wall Street investment banks. Goldman Sachs posted another big drop in revenue as Brexit worries took their toll. Goldman has cut its bonus pool and other expenses as well to compensate.
CNN | Tue, 19 Jul 2016 12:41:00
I flew into Britain on June 23, the day of the Brexit referendum, or "Independence Day" as the country's most popular tabloid, and champion of leaving the European Union, put it. The next morning, results showed that London, Scotland, and Northern Ireland had voted to stay in the EU. But ...
Dominic Tierney / The Atlantic | Tue, 19 Jul 2016 12:07:35
Here is what you need to know. German confidence was hit hard by Brexit. The ZEW Indicator of Economic Sentiment for Germany plunged 26 points in July to -6.8. "Uncertainty about the [Brexit] vote's consequences for the German economy is largely responsible for the substantial decline in economic sentiment," professor ...
Money Game | Tue, 19 Jul 2016 11:05:00
Santander has given its fintech-focused venture capital firm InnoVentures another $100 million ($131 million) to invest after impressing with its initial investments. Santander InnoVentures has spent just over 50% of the $100 million initially allocated to the fund, which started out in 2014. The rest of that first tranche of ...
Business Insider | Tue, 19 Jul 2016 11:02:01
Jason Coppel QC, speaking for Brexit Secretary David Davis, has told the High Court that Article 50 will not be triggered this year. Some Brexiters will be nervous about this, but there is no legal imperative to trigger it immediately and it would be politically unwise to do so until ...
Guy Fawkes' blog | Tue, 19 Jul 2016 10:56:42
As a major influence on events, Brexit might not have shuffled off the stage but the world is settling down to the realities of separation; in terms more real to many of us, the marriage has broken down and we've packed our bags and moved out.
IFR | Tue, 19 Jul 2016 10:07:00
In the aftermath of the UK's vote for Brexit, the National Police Chiefs Council has documented a 42% increase in race-hate incidents. This escalation in racial tension comes as living as a migrant in the UK has been made even more difficult in recent years by laws introduced by Theresa ...
Richard Warren, Phd candidate, Kent Law School, University of Kent / The Conversation | Tue, 19 Jul 2016 10:03:32
Article 50 provides clues on how the UK will break up with Brussels
FT | Tue, 19 Jul 2016 04:30:03
It's been an amazing week, and in effect the first five days after the Brexit vote were all trend days, with ES now kicking around much the same area this afternoon as it was on the afternoon before the vote. What does this all mean? Not much I suspect. The ...
Tim Knight | Fri, 1 Jul 2016 22:38:54
From Matthew Graham at Mortgage News Daily: 6-Day Winning Streak Leaves Rates Near All-Time LowsMortgage rates fell moderately today, adding a 6th day to a winning streak that began with last week's Brexit news and bringing rates right to the brink of all-time lows.... bringing some lenders from 3.625% to ...
Calculated Risk | Fri, 1 Jul 2016 22:09:00
The news is certainly mixed these days. Britain's Brexit vote stirs fears of a global slowdown in trade, which would surely be bad for the economic outlook. But that's still something out on the horizon. In the meantime, more recent data point to a pickup in growth that began a ...
Calafia Beach Pundit | Fri, 1 Jul 2016 21:21:00
The UK's Brexit vote is testing the cultural bonds between Britain and Berlin, but film studio boss Charlie Woebcken says "these links aren't going away".
BBC | Fri, 1 Jul 2016 21:00:28
Asset Class Scoreboard For the second time in 2016, Managed Futures posted a monthly performance above 4%, thanks to the Brexit volatility that shocked the market last week. Additionally, the SG CTA Index, posted its second best single day performance [...]
Value Walk | Fri, 1 Jul 2016 20:35:40
Brexit vote reflects a broader Euroscepticism, says Weidmann
FT | Fri, 1 Jul 2016 20:19:49
Treasury bond exchange traded funds maintained their momentum, with benchmark yields on 10-year notes dipping to a new record low on Friday, as investors feared Brexit would weigh on global growth and cause the Federal Reserve to push off interest rate hikes. On Friday, the iShares 7-10 Year Treasury Bond ...
ETF Trends | Fri, 1 Jul 2016 20:17:13