Brexit

GBP/USD Current Price: 1.2857 UK employment data came in mixed, with wages’ growth below the market’s expectations. The United Kingdom will publish its latest inflation data this Wednesday. The GBP/USD pair held within familiar levels this Tuesday, as UK signs were mixed. The kingdom...

The United Kingdom's economy is growing at its slowest annual rate in almost a decade. The U.K.'s year-over-year growth in the three month period ended in September slowed from 1.3% to to 1%, the Office for National Statistics said. The economy avoided a recession by growing...

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon spoke with CNBC's Wilfred Frost in London on Tuesday. Here are some key highlights from the conversation.  JPMorgan's third-quarter report showed an 8% increase in revenue year-over-year, which makes it more difficult to win...

More than three years after being approved at the polls, Brexit remains a contentious issue in Great Britain with Prime Minister Boris Johnson continually pushing for new deadlines for the U.K.'s departure from the European Union. An election is scheduled for Dec. 12, just weeks before the...

By Bill Griffin, Special Contributor to New Frontier Data Brexit remains a great unknown. Now delayed until Jan. 31, 2020, one among the few certainties is that  it has a huge potential impact on UK industries operating in Europe, and vice versa. As officials muddle over the latest details,...

The European Union on Monday granted the U.K. another three months to exit the bloc. What Happened U.K. Prime Minister Boris Johnson formally accepted the new deadline of Jan. 31, 2020, agreed upon by the European Commission’s decision, BBC reports. Britain has the option to exit the E.U....

Germany released weak economic data last week that showed a fall in employment that is mainly the result of job losses in the manufacturing sector. Brexit jitters also continued to weigh on markets as politicians continue to negotiate the U.K’s departure from the European Union. ...

The European Union (EU) has agreed to a Brexit extension of three more months rather than see the United Kingdom plunge out of the bloc with no deal on October 31. After a meeting of European ambassadors, Donald Tusk, president of the European Council, announced 27 EU member nations had agreed to...

HSBC (NYSE: HSBC) reported its third-quarter pre-tax profit to be $4.8 billions to the Hong Kong Stock Exchange (388:HK) on Monday, Oct. 28. What Happened The UK-based investment banking giant saw a drop of more than 18% in the quarter that ended on Sept. 30, compared to the similar...

Italian economist and former Goldman Sachs Group Inc (NYSE: GS) banker turned European Central Bank President Mario Draghi held his last press conference Thursday as he prepares to leave the position Oct. 31 after eight tumultuous years at the ECB.  European leaders have nominated...

The United Kingdom retail sector lost 85,000 more jobs in the third quarter compared to the previous year, according to a report from trade association British Retail Consortium (BRC). What Happened In the report, called Retail Employment Monitor, BRC said the British retail sector is contending...

Markets across Asia Pacific saw a decline late on Wednesday after another Brexit deal delay was announced. What Happened In Japan, where the market reopened after the emperor enthronement day on Wednesday, Nikkei 225 (OTC: JPX) (NDEXNIKKEI: NI225) saw a decline of 0.27%, after the Brexit...

Asian stocks were trading slightly positive Tuesday as optimism grows about the chances of a trade deal between the U.S. and China. There’s also optimism that the latest Brexit deal will be backed by the British Parliament. What Happened Hong Kong’s Hang Seng Index was up 0.21% as...

U.K. Prime Minister Boris Johnson is urging MPs to “get Brexit done.” Over the weekend, Johnson tried to win approval for his withdrawal agreement. MPs declined to vote the deal through on Saturday. The official deadline to Brexit remains Oct. 31. despite an extension request. “We...

This week, earnings and geopolitical events will be the focus for traders and investors alike. With 24% of the S&P 500 companies reporting quarterly results this week, ecodata, the European Central Bank, and ongoing Brexit negotiations, markets are on edge. First, Brexit talks are coming to a...