United Kingdom 03 (Nov 17 to Dec 24)

Re: United Kingdom 02 (Jan 12 to Dec 16)

Postby winston » Fri Jun 09, 2017 4:14 pm

U.K. Election: Analysts React To Hung Parliament, Warn Of Volatility Ahead

By Robert Guy

Her party only secured 315 seats, falling short of the 326 seats needed to win a majority.

Labour won 261 seats.

Four seats are still to be called.


The uncertainty will put a lid on the UK equity market.


The result of the British general election would suggest that there is no mandate for a so-called “hard Brexit”. This should make the divorce negotiations less acrimonious.


This would be bullish for Eurozone equities, Eurozone periphery bonds and the euro.


A Conservative coalition with DUP, for instance, may mean a softer Brexit, but it could also mean the Tories are less able to maintain a tight fiscal policy, leading to monetary policy normalisation earlier than previously expected.


Source: Barron's Asia

http://www.barrons.com/articles/u-k-ele ... 1496993569
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118530
Joined: Wed May 07, 2008 9:28 am

Re: United Kingdom 02 (Jan 12 to Dec 16)

Postby winston » Wed Jun 21, 2017 7:51 am

Get ready for Brexit II…

by Jim Rickards

The Macron-Merkel united front is one more reason to believe the Brexit negotiations will not go well for the UK.

Waiting in the wings is Labour leader Jeremy Corbyn. If the DUP alliance with the Conservatives falls apart, or Theresa May is replaced as the Conservative leader, new elections will almost certainly follow.

In that case, Corbyn’s newfound popularity could result in an outright Labour victory. The result would be higher taxes, higher interest rates, and intense pressure on UK stocks.


Regardless of which scenario plays out, markets will be facing uncertainty for months to come. That in itself is one reason for stock prices to retreat.

Markets can adjust to almost any state of affairs, but have great difficulty pricing for uncertainty. The effort to do so almost always results in lower stock prices as investors hedge their bets or go to cash and gold.


Source: Currency Wars Alert

http://thecrux.com/rickards-get-ready-for-brexit-ii/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118530
Joined: Wed May 07, 2008 9:28 am

Re: United Kingdom 02 (Jan 12 to Dec 16)

Postby behappyalways » Sat Jun 24, 2017 8:58 pm

It's official. Business isn't investing in Britain.
http://money.cnn.com/2017/06/22/news/ec ... index.html
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39921
Joined: Wed Oct 15, 2008 4:43 pm

Re: United Kingdom 02 (Jan 12 to Dec 16)

Postby behappyalways » Mon Jul 17, 2017 6:08 pm

血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39921
Joined: Wed Oct 15, 2008 4:43 pm

Re: United Kingdom 02 (Jan 12 to Dec 16)

Postby winston » Tue Sep 12, 2017 7:27 am

London stays world's top finance centre despite Brexit

FRANKFURT/ LONDON: London remains the globe's most attractive financial centre, extending its lead over New York despite Britain's looming departure from the European Union, a survey found on Monday.

Britain's departure from the trading bloc has led to some politicians and economists predicting London will lose its pre-eminent status as a financial centre, but there are few signs of that happening yet.

London was placed first, followed by New York, Hong Kong and Singapore in the Z/Yen global financial centres index (GFCI), which ranks 92 financial centres on factors such as infrastructure and access to high quality staff.

New York was 24 points behind the British capital, the biggest gap between the two since the survey started in 2007.

New York's ranking fell 24 points from last year, the largest fall among the top contenders, a dip the survey's authors said was "presumably due to fears over U.S. trade".

Since becoming U.S. President in January, Donald Trump has pulled out of a planned trans-Pacific trade agreement and is pursuing a more isolationist economic policy.

Britain's most powerful financial lobby group, TheCityUK, cautioned against complacency and called for clarity on its transitional arrangements for leaving the EU, which will apply beyond April 2019, when Britain is due to formally leave.

"Absent this, many firms have already started to activate their contingency plans and others will undoubtedly follow suit if these aren't confirmed as soon as possible - and by the end of this year at the very latest," said Miles Celic, Chief Executive Officer of TheCityUK.

Since the survey was conducted in June, talks between Britain's Brexit minister David Davis and his opposite number at the European Commission, Michel Barnier, have become increasingly acrimonious.

The past two months have also seen a pick-up in the number of banks saying they plan to set up new EU subsidiaries after Brexit, with most major U.S., British and Japanese banks saying they will establish units in Frankfurt or Dublin.

Frankfurt has moved up to 11th in the table from 23rd a year ago and Dublin has moved to 30th from 33rd.

Source: Reuters

http://www.thestar.com.my/business/busi ... jPjBe7k.99
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118530
Joined: Wed May 07, 2008 9:28 am

Re: United Kingdom 02 (Jan 12 to Dec 16)

Postby winston » Sat Oct 28, 2017 9:37 am

Country ETFs Worth Owning: UK

by Maciek Lulko

When it comes to country ETFs and the UK, I’m torn. You’ve got the market leader that controls 90% of the overall action in single-country UK ETFs listed in the U.S. and then you’ve got another that charges less but is on the ETF Deathwatch list.

Sometimes it makes sense to follow the crowd and other times you’ve got to find your own way. In this instance, I’m suggesting you follow the crowd and buy the iShares MSCI United Kingdom ETF (NYSEARCA:EWU) whose $2.6 billion towers over the handful of alternatives.

It’s frustrating to pay 0.48%, or $48 per $10,000, but it’s the best way to capture the UK equity markets. I think you’ve got to put the notion out of your head that you pay just 0.04% or one-tenth the fee for iShares’ S&P 500 product.

Just forget about it.

The UK, despite Brexit concerns, is still home to many of the world’s largest companies. The ETF has an average market cap of $51.4 billion, significantly higher than its benchmark.

This is blue chip all the way.

Source: Investor Place
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118530
Joined: Wed May 07, 2008 9:28 am

Re: United Kingdom 02 (Jan 12 to Dec 16)

Postby behappyalways » Sat Nov 04, 2017 9:35 pm

Expect ‘a couple more rate rises’ says Bank of England deputy governor
http://www.telegraph.co.uk/business/201 ... -governor/
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39921
Joined: Wed Oct 15, 2008 4:43 pm

Re: United Kingdom 02 (Jan 12 to Dec 16)

Postby behappyalways » Fri Feb 09, 2018 12:03 pm

Growth better - warning lights flashing on interest rates
http://www.bbc.com/news/business-42991301
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39921
Joined: Wed Oct 15, 2008 4:43 pm

Re: United Kingdom 02 (Jan 12 to Dec 17)

Postby behappyalways » Fri Mar 30, 2018 5:48 pm

Britons' savings hit record low as price rises bite
https://www.telegraph.co.uk/business/20 ... ises-bite/
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39921
Joined: Wed Oct 15, 2008 4:43 pm

Re: United Kingdom 02 (Jan 12 to Dec 17)

Postby winston » Thu Apr 19, 2018 7:27 pm

Russia exposes British lies on Skripal, but trail leads to US

Moscow says it has proof that the agent used in the UK attack is a chemical weapon patented in the US. So was this a covert operation aimed at ratcheting up tensions between the West and Russia?

Moscow has maintained that it had destroyed all its chemical weapons and an Organization for the Prohibition of Chemical Weapons (OPCW) investigation verified and testified to that.

Britain is studiously ignoring the Russian requests for samples of the chemical agent used in the Salisbury attack and for consular access to be granted to the former spy’s daughter Yulia.

Meanwhile, Britain instead approached the OPCW to investigate. The OPCW has now responded that it cannot identify the country of origin of the chemical agent used in the Salisbury attack.

According to the Swiss lab’s report, the chemical formula used in the Salisbury attack has been in service in the US, the UK and other NATO countries. Furthermore, neither the Soviet Union nor Russia “ever developed or stockpiled similar chemical weapons.”


Source: Asia Times

http://www.atimes.com/article/russia-ex ... -leads-us/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118530
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to AMERICAS & EUROPE: Data, News & Commentaries

Who is online

Users browsing this forum: No registered users and 8 guests