Roberto Jacobs / Blog
45% Risk of a Brexit Today - BBH Analysts at Brown Brothers Harriman explained Osborne's budget last week was a self-inflict wound. Key Quotes: "Osborne known for his political prowess is being forced to retreat from his budget proposals that are less than a week old...
Kiwi Lower on Commodity Prices Ahead of Trade Balance - UOB Analysts at UOB Group noted that NZD lost momentum, weighed by weaker commodity and oil prices...
U.K. Budget Deficit Narrows In February The U.K. budget deficit narrowed in February on higher receipts, data from the Office for National Statistics showed Tuesday. Public sector net borrowing excluding public sector banks decreased by GBP 0.5 billion to GBP 7.1 billion...
OPEC Delegate - Saudi Arabia will Freeze Output without Iran A senior OPEC delegate reportedly said on Tuesday that Saudi Arabia is prepared to sign up to an oil output freeze next month irrespective of Iran’s participation...
Brent Oil Struggles for Direction as Glut Concerns Persist Brent oil is having a tough time in deciding which way to go as traders are worried production freeze by major producers will not be enough to counter excess supply situation. Hovers around $41.40 Prices are trading around $41...
German ZEW Economic Sentiment Rises Less Than Expected German economic sentiment improved less-than-expected in March as the financial experts' assessment of the current economic situation continued to worsen, survey results from the ZEW-Centre for European Economic Research showed Tuesday...
Greece Jan Current Account Deficit Widens Greece's current account deficit increased in January from a year ago, preliminary figures from the Bank of Greece showed Tuesday. The current account deficit widened to EUR 742.4 million in January from EUR 281...
Pound Falls Amid Risk Aversion Following Brussels Blasts The pound drifted lower against the other major currencies in European deals on Tuesday amid risk aversion, as investors became cautious after multiple explosions in Brussels left at least thirteen dead and thirty five injured...
Euro Falls After Brussels Explosions The euro weakened against most major currencies in the early European session on Tuesday, as investor sentiment dampened after multiple explosions in Brussels. The U.K.'s FTSE 100 index is currently down 0.55 percent or 33...