You are here

United Kingdom

Global Stocks, Dollar Falter As Yellen Testimony Looms; S&P Futures Pressured By Flynn Resignation

Global Stocks, Dollar Falter As Yellen Testimony Looms; S&P Futures Pressured By Flynn Resignation

European, Asian stocks declined, halting a global rally that sent U.S. stocks surging to new all time highs faltered, weighing on the S&P although the index rebounded modestly after a kneejerk announcement lower overnight after Trump's National Security Advisor announced his unexpected resignation.

Britain To Deploy Warships To Surround Russian Border

Britain is gearing up to deploy warships to surround the Russian border for the first time since the Cold War, sparking fears that a war between Russia and the West is looming.  In an attempt to deter Russia from invading Ukraine, British authorities will deploy a Type 45 destroyer HMS Diamond, carrying sixty Special Boat Service and Royal Marine commandos on board.

Goldman Moves UK Office to US - You Won't Like Why

GS moves Fund Client Business from London to the US. That makes No Sense.

Via Soren K. and MarketSlant

  • Question: Why is GS London leaving the UK, moving to the US, and not Germany or Paris?
  • Answer: Not Brexit. Nope. It's because Dodd-Frank is getting rolled back. Prop trading is back folks. Because our government is stupid. Finally, The Donald is looking more and more like a Bush Brother, namely Jeb. Love the Squid. 

Comments from  Energy Trader and Marketmaker Background Sources

Nigel Farage Delighted After UK Parliament Overwhelmingly Votes To Trigger Brexit

In a victory for Prime Minister Theresa May, the UK Parliament's House of Commons voted overwhelmingly to trigger Britain's exit from the European Union, defeating attempts by pro-EU lawmakers to attach extra conditions to her plan to start divorce talks by March 31. 494 to 122 lawmakers voted in favor of a law giving EU nationals the automatic right to remain in the UK as the first piece of legislation to authorise Brexit made its way through the Commons, ending days of intense debate which have tested May's slim parliamentary majority.

Pages