Brexit

Dollar Pays Heavy Price for Equity Sell-Off

Dollar Pays Heavy Price for Equity Sell-Off

The U.S. dollar was lower against most major pairs on Friday. The greenback dropped as investors flocked to safe havens away from the U.S. currency. Trade war concerns and its impact on U.S. companies have triggered a massive sell-off in equities. The U.S. dollar is on the back foot despite strong growth as evidenced by the release of the flash GDP for the third quarter that showed a 3.5 percent gain beating expectations.

October Alert: Global Tax Laws Adjusting in North America and the Eurozone

October Alert: Global Tax Laws Adjusting in North America and the Eurozone

A raft of new geopolitical events, like, among other things, the U.S. tax law reform, a NAFTA exodus, and a Brexit reboot in Europe, could be a taxation game-changer for companies doing business overseas. That's especially the case as a new year beckons.

Overall, the global corporate tax landscape has changed dramatically in the aftermath of U.S. tax reform passed and signed into law at the end of 2017, and as its enactment creates ripples across the globe, even in late 2018.

U.S. Growth in Q3 to Guide Dollar

U.S. Growth in Q3 to Guide Dollar

The U.S. dollar is mixed on Friday. Investor’s appetite for risk rose and safe haven currencies (JPY and CHF) fell while positive China and Brexit news saw the NZD, EUR, GBP and AUD advance against the USD. The Canadian dollar was dragged down in the last trading day of the week after softer than expected retail sales and inflation data.

H2 Currencies to Watch: Pound Sterling outlook as Brexit Dominates

H2 Currencies to Watch: Pound Sterling outlook as Brexit Dominates

Our fifth article in our blog series “H2 Currencies to Watch” will cover what'll drive the pound sterling including onerous Brexit negotiations, interest rates, and a U.S.-U.K. trade deal.

Here's what businesses can expect in the upcoming months.

British pound edges higher, investors eye U.K. job numbers

British pound edges higher, investors eye U.K. job numbers

As the Brexit deadline creeps ever closer, both sides are making contingency plans for a ‘hard Brexit’, in the event that the parties fail to reach an agreement. Here are the new developments.

Week Ahead: U.S. Fed and BoE to Guide Markets

Week Ahead: U.S. Fed and BoE to Guide Markets

The U.S. dollar is mixed against major pairs ahead of the March Federal Open Market Committee meeting. The Fed is expected to deliver its first interest rate lift under Chair Jerome Powell. More about when this may happen here.

U.K. Tax Reform: Five Things Businesses Need To Know

U.K. Tax Reform: Five Things Businesses Need To Know

The heat is on for corporates doing business in the U.K. to get a firm grip on the changing corporate tax environment in a post-Brexit England. Here are the 5 things finance professionals need to know.

Bitcoin Opens for Future Business

Bitcoin Opens for Future Business

Trading in Bitcoin futures began in Tokyo last night, as the Chicago Board of Options Exchange became the first major exchange to offer the contracts pegged to the cryptocurrency. Similar contracts will start trading in a week on the CME Group as a test whether institutional money will go after Bitcoin.

Central Bank Decisions to dominate Busy Week

Central Bank Decisions to dominate Busy Week

The US dollar appreciated during the week as the tax reform inched closer to reality while the highly anticipated December meeting of the Fed is expected to bring a 25 basis points rate hike.

US Tax Reform, Brexit, and Bitcoin to Dominate into Year End

US Tax Reform, Brexit, and Bitcoin to Dominate into Year End

December will be dominated by Donald Trump’s pledge on tax reform, Brexit negotiations, and Bitcoin's remarkable run. 

Trump, US Jobs, and Brexit to Guide Markets

Trump, US Jobs, and Brexit to Guide Markets

Geopolitical risk spiked in the US after the news broke that Michael Flynn pleaded guilty to lying to the FBI. Here's how it affected the markets.

Five Things the Markets are Talking About: Monday, November 13

Five Things the Markets are Talking About: Monday, November 13

In the U.K., British assets are expected to be in for a choppy ride as key consumer and producer price data along with the latest data on the labor market and retail sales tops the agenda, as too does a threat to PM May’s leadership.

US Tax Uncertainty Hammers Dollar

US Tax Uncertainty Hammers Dollar

The market is speculating about the chances of a US tax overhaul and the impact of the developments in Saudi Arabia. The coming week will bring important data releases including Inflation figures from the UK, the US, and Canada.

Global Political Uncertainty in Driving Seat

Global Political Uncertainty in Driving Seat

Fed speakers are divided. Doves say it's a mistake to keep raising interest rates with low inflation. Hawks urged that waiting could be a bigger mistake and that inflation will catch up. Is a December rate hike is still on the table?