Image via DAVID HOLT In a tight race, the markets were taken by surprise as the UK voted to leave the EU. Although counting is still underway, the 'Leave' camp was seen leading with 51.70% against the 'Remain' camp's 48.3% with 98.4% of votes counted. The 'Remain' camp passed the mid-point the first. The official results are expected to be anno...

2016-06-24 John Benjamin Read more
Brexit Referendum

Months of campaigning, for and against, the EU membership the nearly 6-months of market uncertainty draws to a close as the UK referendum vote gets underway. Polling stations are expected to be open from 0700 UK time and will close at 2200 UK time June 23rd. British, Irish and Commonwealth citizens, aged 18 and above and those who are residents...

2016-06-23 John Benjamin Read more
currencies_yellen

Federal Reserve Chairwoman, Janet Yellen continues into day two of testifying to the US Senate banking committee. Markets remain nervous ahead of UK's referendum vote tomorrow. Canada’s retail sales beat estimates. Today’s Economic events Australia MI leading index m/m 0.20% vs. 0.10% previously New Zealand Credit card spending y/y 5....

2016-06-22 John Benjamin Read more
Cameron Brexit

The sterling gapped higher on Monday on new opinion polls putting the ‘Remain’ camp in the lead. GBPUSD continued to inch higher through the day, although the markets were very mixed, with EURUSD giving up part of its gains. Economic calendar today remains light on news. Today’s Economic events UK Rightmove HPI m/m 0.80% vs. 0.40% previo...

2016-06-20 John Benjamin Read more
Cameron Brexit

Image Via  © European Union 2016 - European Parliament / Flickr EU referendum date set for June 23rd UK Cabinet agrees to recommend that UK remains in a reformed EU The EU summit negotiation between the UK and the European Union leaders was underway on Friday. The British Pound was clearly focusing on the outcome of the meeting, as th...

2016-02-22 John Benjamin Read more