Brexit

Seattle-based e-commerce giant Amazon.com Inc. (NASDAQ: AMZN) is on the hunt for real estate in the Republic of Ireland to open a warehouse as Brexit deadline approaches, Bloomberg reported on Wednesday. Amazon is on the lookout for an area about 100,000 square feet on the outskirts of Dublin,...

GBP/USD Current Price: 1.3081 UK inflation came in slightly better than anticipated in November, still below BOE’s target. UK PM Johnson speeding Brexit preparations, to announce government’s priority this Thursday. GBP/USD will likely accelerate its decline on a break below 1.3050 the...

The newly-elected U.K. prime minister Boris Johnson will not attend the 2020 World Economic Forum summit in Davos, Switzerland, in January, The Guardian reported on Tuesday. Johnson has also barred his cabinet ministers from attending the event, according to The Guardian, as he wants to "get...

U.S. growth stocks were once again among the best performers of 2019. However, a recent market rotation toward value stocks and two new international trade deals has the outlook for foreign value stocks looking relatively bullish heading into 2020. The USMCA, the phase one trade deal with China and...

It seems that investors are breathing a sigh of relief after getting some closure on big issues last week, perhaps setting Wall Street up for smooth sailing into the holiday break. That would be a welcome difference from last year, when stocks had a pre-Christmas meltdown. Investors appear to still...

The pound sterling slipped by 0.30% to 1.3289 against the U.S. dollar on Tuesday as no-deal Brexit scenarios reemerged after Boris Johnson's reelection as the country's prime minister. What Happened Johnson is reportedly working on amending the withdrawal agreement bill concerning...

Boris Johnson may have won a resounding victory in U.K. elections last week, but fears that the Conservative government might fail to reach a trade deal agreement with the European Union (EU) have not dissipated. As reported in FreightWaves, once Parliament has ratified Johnson's withdrawal...

In addition to discussing the price action induced by the ongoing trade war with China, issues in the crosshairs of Brexit were discussed on Friday's PreMarket Prep Show. Deal On, Deal Off, Deal On Again As hard it is to ignore the often-conflicting trade war headlines, the fact of the...

Massive Conservative majority may expedite passing Brexit and provide certainty.  Johnson's personal mandate may allow him to ignore the demands of hard-Breixteers. The people behind the campaign are likely to push for business-friendly policies. "Do or die" was one of Prime...

The list of traditional Labour seats falling to the Conservatives, some for the first time, continues to lengthen as the results from the British election pour in. Exit polls which are restricted in the UK until the voting concludes at 10:00 pm immediately predicted a stunning Tory victory with 368...

Boris Johnson's resounding win in British elections became official Friday morning. But for shippers making preparations for the U.K.'s departure from the European Union (EU), very little has changed. As reported in FreightWaves, once Parliament has ratified Johnson's withdrawal agreement, the...

Investors are reacting positively to Boris Johnson securing his position as prime minister of the U.K. with the Conservative and Unionist Party winning the general election with a thumping majority. The Conservative and Unionist Party won 364 seats which is their largest majority since 1987 and...

A day after stocks set fresh record highs on excitement about a possible U.S.-China trade deal, investors still seem to be sailing along on momentum from those trade winds. But the water might be getting a little choppy because China hasn’t officially confirmed the news ahead of a deadline...

Markets in Asia made record gains on Friday, as some of the causes of market volatility in recent months seem to be clearing out. What Happened The U.S. and China have to come to an agreement on phase one of their trade deal, the Wall Street Journal reported on Thursday. As part of the deal,...

Boris Johnson is set to become the prime minister of the U.K. again, as his Conservative and Unionist Party has won the general elections with a thumping majority. The Conservative Party won 363 out of the total 650 seats in the U.K. parliament, up 70 from last year, giving it a clear...