Recent Posts

Sterling vulnerable as PM May poised to outline Brexit strategy

Bloomberg The pound’s rally, spurred by the Bank of England’s hawkish rhetoric, may be vulnerable to heightened sensitivity to economic data and Brexit uncertainty this week. Sterling rounded off its biggest weekly gain in five months against the dollar, reaching its highest level since just after Britain’s European Union referendum as UK policy makers spurred speculation of an interest-rate increase ...

Read More »

Qatar index down for tenth day running

Reuters Qatar’s stock index fell for a tenth straight session on Sunday as talk of dispute negotiations fails to sway investors, while strong oil prices boosted the Saudi Arabia market. Qatar’s index fell 0.4 percent to 8,375 points, but closed 62 points above the session low. The index has lost 6.3 percent over 10 sessions. Doha Bank dropped 2.6 percent. ...

Read More »

Nordea faces client mutiny in Sweden as bank moves base

Bloomberg Nordea Bank AB is losing clients in Sweden in what independent mortgage brokers say appears to be a protest against the bank’s plan to redomicile to Finland in pursuit of a more accommodating regulatory environment. The customer shift has been registered by two online home-loan brokers and confirmed by other banks operating in Sweden. Nordea says flows in the ...

Read More »
Send this to a friend