Brexit

The pound sterling jumped to its highest level against the U.S. dollar in 18 months late at 1.3478 on Thursday. The impressive 2.40% rise comes at the backdrop of the U.K. general election. The GBP also hit 1.2039 against the Euro, the highest in more than three years. What Happened The incumbent...

The geopolitical waiting game is on. With the Fed meeting out of the way and rates unchanged, the countdown toward UK parliamentary results and a U.S. decision whether to impose promised new tariffs on China stand front and center as trading begins Thursday.  The UK election could help...

This column does not necessarily reflect the opinion of the Benzinga editorial board. Tactical voting is nothing new, but in the U.K., as the general election is about to take place in a few hours, it is becoming a significant move adopted by many frustrated remainers. The result of this upcoming...

GBP/USD Current Price: 1.3206 Market players chose to ignore the latest polls showing a limited Conservatives’ advantage. UK PM Johnson at risk of not getting enough support to pass its Brexit deal. GBP/USD holding near 1.3200, market players will likely remain cautious ahead of elections...

Stay the course. After three rate cuts in a row, the Fed decided to leave things alone Wednesday and take a little time to see how things play out heading into the new year. That doesn’t necessarily mean this rate cutting cycle is necessarily over, however, because the futures market still...

Millions of people in the United Kingdom are preparing to cast their vote in the general election on Thursday, Dec.12. The ongoing political uncertainty in the U.K. is impacting the stock market, and analysts say the pound sterling could be facing particularly turbulent times. General...

The North Atlantic Treaty Organization summit ended in London on Wednesday, with the leaders of the allied countries taking plentiful jibes at each other throughout the summit. The U.S. President Donald Trump, of course, led the pack. “Very, Very Nasty” Macron Ahead of the summit, Trump...

Brits head to the polls next week (Dec. 12) in a general election which should bring more clarity to the endless Brexit saga ahead of the U.K.'s scheduled departure from the European Union (EU) at the end of January.  In an exclusive interview with FreightWaves, U.K.-based Andy Cliff, managing...

By Bill Griffin, Special Contributor to New Frontier Data As voters in the United Kingdom prepare to head to the polls on December 12, political conversation revolves mainly around the Brexit question, though there are other issues on the ballot. While cannabis does not lead the agenda, it has...

The ongoing political uncertainty in the U.K. is having an impact on the stock market. The upcoming general election Dec. 12 is expected to send further jitters across FX markets, which could impact the pound sterling and trigger sharp moves, according to analysts.  Prime Minister Boris...

European stocks have severely lagged U.S. stocks over the past year. In that stretch, the iShares MSCI EMU Index (BATS: EZU) is up just 6%, while the SPDR S&P 500 ETF Trust (NYSE: SPY) is up 50.9%. Eurozone uncertainty related to Brexit, an economic slowdown in Germany and other factors have...

At the World Trade Organization meeting in Geneva, major economic powers like the U.S., India and Brazil that trade with the U.K. have raised concerns on the uncertainty surrounding Brexit, as their commercial losses mount over the extension of the divorce deadline.  While the spotlight on Brexit...

Germany has narrowly avoided a recession, with the latest figures released Thursday showing the country’s economy grew by 0.1% in the third quarter. Economists estimate that growth domestic product in the eurozone will grow by only 0.5% in 2020. In Spain, the latest quarterly GDP...

GBP/USD Current Price: 1.2839 UK inflation came in below the market’s expectations in October. Conservatives keep leading polls, underpinning hopes for a deal Brexit. GBP/USD unable to attract investors, neutral above 1.2800. The GBP/USD pair is ending the American session with a second...

The race to secure logistics real estate in key parts of northern Europe has been heating up ever since the U.K. elected to leave the European Union in 2016. It is showing no signs of slowing. Notable investments this year alone include the €24 million ($26.5 million) purchase of a logistics...