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News & Updates
July 14, 2016 UK has not decided when to trigger Article 50 - HammondSource: Reuters
Britain has yet to decide when to trigger Article 50 to begin the formal process of leaving the European Union, newly appointed Chancellor Philip Hammond said on Thursday.
July 13, 2016 The Euro Is Not Long for This World
fee.org - The European Union (EU) is reeling under a heavy blow dealt by the United Kingdom’s departure (“Brexit”). More fundamentally, the impact has rocked the very foundations on which the single currency was built.
July 13, 2016 Will Brexit mean the start of global helicopter money?Source: Fund Strategy
A couple weeks after the Brexit vote, there are some key factors tied to the market rebound. There was a substantial selloff for the three days after the vote and then – aside from more durable currency effects – a meaningful, if...
China's exports fell more than expected in June as global demand remained stubbornly weak and as Britain's decision to leave the European Union clouds the outlook for one of Beijing's biggest markets
July 13, 2016 U.S. stock futures take breather after record runSource: MarketWatch
U.S. stock futures struggled for direction on Wednesday, with investors pausing for breath after pushing the S&P 500 and Dow industrials to fresh all-time highs.
Oil industry hopes that markets are about return to balance, ending a global glut that pulled down prices by over 70 percent between 2014 and early 2016, might be abruptly dashed
July 12, 2016 Europe Approves New Trans-Atlantic Data Transfer DealSource: NY Times
European officials approved a new agreement on Tuesday that will allow some of the world’s largest companies, including Google and General Electric, to move digital information freely between the European Union and the United...
July 12, 2016 US Report Accuses UK Officials of Hampering HSBC ProbeSource: NY Times
LONDON — A U.S. report is accusing British officials of hampering a probe into HSBC, one of the world's largest banks.
Source: Money Magazine
A steady, mechanical approach to investing is a predominant theme throughout Heads I Win, Tails I Win, a new book released today by Wall Street Journal “Heard on the Street” writer and editor Spencer Jakab. The former Credit...
July 12, 2016 China second-quarter economic growth seen cooling to 6.6 percent, weakest in seven yearsSource: Business Insider
China's economic growth likely cooled to a fresh seven-year low of 6.6 percent in the second quarter as the industrial sector loses steam and a boost from financial services fades, according to a Reuters poll of 61 economists.
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