News

As the pound continues to drop on the stock market, one UK industry is currently seeing a sudden surge upwards: the tourism industry. Whilst the UK remains one of the most visited countries in the world – particularly its cultural centres like London and Edinburgh – a weaker pound is coaxing international visitors to UK […]

After consecutive months of profit and increased investors interest, the cryptocurrency market has had an uncharacteristic slump in the last week of July 2019. Key players in the market such as Bitcoin, Ripple, and Ethereum have all been affected by the turbulence. Challenging Month The end of July saw Bitcoin values dip below £8050 despite […]

Both the European and American stock markets have fallen for the second day running in the wake of harsh tariffs announced by the United States this Friday. The decision, announced through a tweet from US President Trump, declared an imposition of tariffs worth $300bn on Chinese imports and would effectively tax all imports coming to […]

The Canadian dollar looks set to break its six-day losing streak this week as investors react to the Fed’s interest rate decision on Wednesday, July 30th. The Fed was widely tipped to cut interest rates by 25 basis points in an effort to stimulate the U.S. economy in the face of strong headwinds affecting the […]

With Boris Johnson recently taking over the reins as Prime Minister of the United Kingdom and Northern Ireland, there are many questions being asked about what his premiership will mean for the nation, particularly with the threat of a ‘no deal’ Brexit hanging in the air. How Will The Stock Market React? Many commentators have […]

Frankfurt-based Deutsche Bank announced it would be laying off 18,000 banking and investment employees on 8 July 2019, and immediately began the cull of the workforce as they arrived at 9 am that morning. This move highlights the Deutsche Bank retreat from investment banking, as it seeks to restructure its global business interests. Concerned investors […]

At its latest meeting, held on 16-18 July, the Monetary Policy Committee of the South African Reserve Bank (SARB) unanimously decided to cut the repo rate from 6.75% to 6.5% (a cut of 25 basis points). News of the easing in monetary policy, which was widely expected by economists, led to an appreciation of the […]

In the autumn of 2018, shares of industrial heavyweight Caterpillar were selling at almost $160 each. Fast forward nine months and the stock has dipped to less than $134, cheaper by $25 and change. For a stock with the calibre of Caterpillar, that’s an inviting price, but what is causing its price to dip so […]

The travel company Thomas Cook have entered talks that could see the business bailed out by its biggest shareholder and several banks to the tune of £750m. The UK travel service – which currently employs around 19,000 people across the UK and Ireland – could see drastic new measures put in place to combat sharply […]

The British pound is suffering in the international exchange market. There are significant concerns over the newly appointed Boris Johnson. One of the major concerns is his rhetoric of forcing a no-deal Brexit should negotiations fail before the October deadline. Major Concerns Over Brexit In the recent weeks there has been more pressure building on […]