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Bank Of England Maintains Current Interest Rates But Hints Of Another Rate Cut This Year
Thursday, September 15, 2016 - 10:44am | 313Read More...The Bank of England on Thursday voted to maintain its 0.25 percent interest rate but hinted a further cut could occur before the end of the year. The Bank of England lowered its key interest rate on August 4 to 0.25 percent from 0.50 percent. The central bank noted at that time that economic...
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Pound Punishment Is Perfect For These ETFs
Monday, August 15, 2016 - 9:17am | 589Read More...Speculation and confirmation of Brexit has, predictably, made the British pound this year's worst-performing developed market currency. Just look at the CurrencyShares British Pound Sterling Trust (Guggenheim CurrencyShares British (NYSE: FXB)), which tracks the sterling against U.S. dollars....
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London's Tech Sector Thinks Brexit Will Be A Disaster
Friday, June 17, 2016 - 11:00am | 289Read More...The British people will vote next week in a national election to decide the country's fate within the European Union. The vote, dubbed "Brexit," will ask the people if they want Britain to remain a member of the European Union or not. Recent polls suggest a vote to leave the EU is currently winning...
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UK Markets Breathe A Sigh Of Relief
Friday, May 8, 2015 - 12:26pm | 295Read More...In the early hours of Friday's trading, UK's FTSE gained 1.7 percent after the region's elections ended with a victory for Prime Minister David Cameron and the Conservative party. In the lead up to the election, polls showed that UK's two main parties, Labour and Conservatives,...
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UK Takes The Spotlight With Uncertain Elections Looming
Monday, May 4, 2015 - 11:19am | 389Read More...Although Greece's debt drama has been paramount for investors over the past few months, this week may see more of a focus on what has historically been one of the most stable economies in Europe— the UK. On Thursday, the region will hold its national elections which have set up a...
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Retail Stocks Scooped Up Despite Scary Headlines
Monday, July 9, 2012 - 3:43pm | 1280Read More...Covestor managers are still scooping up select retail stocks - doubling down in some instances - despite a new landslide of worrying data for the group. Several continue to see long-term value, and think that some of the concerns could be overblown. The retail economy is not as bad as people...
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Short Selling Ban-d Aid Stalls the Free Market Process
Monday, August 15, 2011 - 11:39am | 300Read More...While financial markets are not perfectly efficient all the time, stocks and indexes usually find their way to "natural" levels over time. Any temporary, artificial solutions aimed at calming volatility or boosting prices typically do little to achieve their goal. In fact, it's usually the opposite...
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London Bridge Isn't Falling Down, Yet
Wednesday, August 10, 2011 - 8:44am | 460Read More...Rioters across England continued to do their part in reassuring the world that the country will be ready to host the Summer Olympics next year. An increased police presence in London that was credited with ending much of the violence there may be partially to blame for the rioting that has spread...
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London Riots: Could it Kill the 2012 Olympics?
Tuesday, August 9, 2011 - 5:18pm | 605Read More...With the 2012 London Olympics opening ceremony set for less than a year from today, security will be a top priority for police as rioting rages on. Today, representatives of more than 200 national Olympic committees are in London for meetings about logistics and accommodation, according to...
