Recent Posts

Pound traders regroup after EU vote almost no one envisioned

Foreign currency exchanges rates in india after brexit

  BLOOMBERG The pound just had its worst day ever, and few analysts expect the U.K. currency to recover all of the losses that sent it to its lowest level since 1985 — at least, not in the foreseeable future. BNP Paribas SA, one of the biggest sterling bulls before Britain voted to leave the European Union, cut its third-quarter ...

Read More »

Spanish bonds set for volatility with repeat election looming

Spanish bonds copy

  Bloomberg Spanish government bonds may see more volatility next week after voters go to the polls on Sunday to try to break a six-month political deadlock over who will govern the euro region’s fourth-largest economy. The nation’s securities plunged on Friday, with the 10-year yield jumping the most this year, after Britain voted to quit the EU. Riskier assets ...

Read More »

EU farmers brace for trade fallout in wake of Brexit

Poland harvest

  Bloomberg The U.K.’s decision to walk away from the EU may throw billions of pounds worth of agriculture trade into question as politicians prepare for a lengthy wrangle over future policy. The EU is the biggest customer for U.K. food and drink exports, with last year’s sales, excluding alcohol, valued at £8.9 billion ($12.2 billion), according to the Food ...

Read More »
Send this to a friend