Cameron Heads to The Last Supper
U.K. Prime Minister David Cameron is set to face his fellow European Union leaders for the first tim...
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British Pound Continues Slide as Rhetoric Proves Ineffective
Britain’s currency is taking a pounding. As the global financial markets Monday tried to find ...
UK Brexit Wiped $3 Trillion in 2 Days
The U.K.’s vote to leave the European Union was a costly decision in more ways than one. Betwe...
USD/CAD Loonie Extends Losses as Brexit and Lower Oil Prices Put Downward Pressure
The Canadian dollar is trading lower versus the USD on the first trading session of the week. The vo...
S&P Slashes UK Rating to AA after Brexit
S&P Global Ratings cut the U.K.’s top credit grade by two levels after the country voted to l...
Gold Slightly Lower, Markets Eye GDP Report
Gold prices have dipped on Monday, following huge gains in the Friday session. Gold is trading at a ...
US Crude Continues to Drop on Brexit Turmoil
US Crude has posted slight losses on Monday, continuing the downward trend we saw in the Friday sess...
Oil Prices Tumble After Brexit Shock Remains
Oil prices slid on Monday as market participants absorbed the shock of Britain’s vote to leave...
Iran to Open its Oil Reserves Ahead of Presidential Elections
Oil minister Bijan Zanganeh has handed the running of Iran’s national oil company to a trusted...
Gold Boosted by Safe-Haven Flows
Gold is stronger again on the second trading day after the U.K. voted to leave the European Union. A...
Gold Hits 2 Year High After Brexit
Gold futures hovered at their best levels in about two years Monday in the wake of the U.K.’s hist...
Tokyo Stocks Rebound on Monday After Government’s Pledge
Tokyo stocks staged a sharp rebound Monday, with the Nikkei index finishing up over 2 percent, as in...
Japanese PM Instructs BoJ to Ensure Financial Market Stability
Prime Minister Shinzo Abe instructed the Bank of Japan on Monday to ensure stability in financial ma...
China’s Mood is Lower After Brexit
China is less exposed to the impact of the referendum result than many other countries and yet the m...
US Lew Says Policymakers will Use all Available Tools to Boost Global Demand
U.S. Treasury Secretary Jack Lew said on Monday that policymakers in Britain and other European nati...
UK Bank Shares Fall as Brexit Uncertainty Continues
Shares in UK banks plunged on Monday as fears over the fallout from Britain’s decision to leav...
Fed Chair Yellen Cancels Central Bank Summit Appearance in Portugal
Federal Reserve Chair Janet Yellen is no longer due to speak at a global central bank summit startin...
Spanish Elections End in Another Stalemate After Brexit
The conservative Popular Party of Mariano Rajoy, Spain’s caretaker prime minister, won the most vo...
Fed to Release Stress Test Results on Wednesday
The stress tests created for banks by U.S. regulators after the 2008 financial crisis may prove thei...
UK Chancellor Says Economy Can Overcome Challenges
The U.K. is ready to face the challenges thrown up by the vote to leave the European Union (EU), U.K...