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Frontrunning: March 29

  • Headline of the day: Oil prices fall as investors' faith in rally wanes (Reuters)
  • Europe shares, dollar gain as investors look to Yellen (Reuters)
  • Chinese Bidder for Starwood Has Mysterious Ownership Structure (WSJ)
  • Germany wants refugees to integrate or lose residency rights (Reuters)
  • BlackRock Joins Pimco Warning Investors to Seek Inflation Hedge (BBG)
  • Goldman Sachs and Bear Stearns: A Financial-Crisis Mystery Is Solved (WSJ)
  • Contract Workforce Outpaces Growth in Silicon-Valley Style ‘Gig’ Jobs  (WSJ)

Rise In Homelessness Is Proof UK At The ‘Mercy Of Housing Crisis’

The homeless crisis in the UK continues to grow with shocking new government figures showing that homelessness has rocketed in England since 2010. Data analyzed by homelessness charity Shelter show that 56,600 people accepted as homeless by councils in 2015 was 33% higher than in 2010. RT reports: The charity says that people losing their privately-rented homes is the single biggest cause of the crisis. Last year alone, around 17,000 families reportedly became homeless after being evicted from privately-rented homes.

Bearish British Pound Bets Hit Record High As Poll Shows Brexit Most Probable

Bearish British Pound Bets Hit Record High As Poll Shows Brexit Most Probable

The campaign for Britain to leave the European Union has taken a 2 percentage point lead, according to an ICM poll, to 43%, up 2 percentage points from a similar poll a week ago and the highest proportion in favour of a British exit since ICM started its referendum tracker in May 2015. Bearish bets on GBP have soared to record highs as a split within the governing Tory party and the atrocities in Brussels have sent bookies odds to their highest yet.

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