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Whoops! A Fat Finger Order Sends Gold Plunging
Monday, June 26, 2017 - 12:11pm | 417Read More...The price of gold fell to a multiweek low on Monday after a trader made a grave mistake. Spot gold fell around 1 percent Monday morning to trade as low as $1,236.46, which marks the lowest level the commodity has seen since May 17, Bloomberg reported. U.S. gold futures also lost nearly 1 percent to...
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Were Surprising Election Results In Britain And France A Backlash Against Populism?
Monday, June 12, 2017 - 4:20pm | 847Read More...A clear victory for the centrists in France and the stunning loss of a legislative majority by the right in Britain begs the question: Is there a backlash to the populism that put President Donald Trump in power and influences politics through much of the democratic world? In a word, maybe. It does...
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What The Election And Theresa May's Deal Mean For The UK
Friday, June 9, 2017 - 9:14am | 469Read More...The United Kingdom held a national election on Thursday and the results were shocking. Prime Minister Theresa May called for a snap election earlier this year with expectations of boosting the Conservative's majority government but her party failed to secure the 326 seats needed to form another...
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5 Possible Outcomes From Thursday's UK Election
Thursday, June 8, 2017 - 11:47am | 534Read More...Thursday's U.K. election is underway with polls closing at 10 p.m. London time. As is the case in many national elections, polls are unreliable or mixed at best, but there are five potential outcomes from the election, according to Bloomberg. 1. Major Conservative Win Prime Minister Theresa May...
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3 Reasons You May See Strength In Gold This Week
Tuesday, June 6, 2017 - 10:02am | 529Read More...Geopolitics will once again take center stage this week on Wall Street, as a trio of potential market catalysts could have a major impact on gold prices. When investors get uncertain about potential shifts in the political backdrop, they often turn to gold as an investment safe haven. Here’s...
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Investors Are Ignoring A Potentially Large Disruptive Event
Monday, June 5, 2017 - 12:21pm | 392Read More...The Dow Jones Industrial Average is solidly trading 200 points above the "Dow 20K" milestone, which may suggest that the market is healthy with no immediate tailwinds that can result in large scale panic. Investors who think this is the case might be mistaken, at least according to BK Asset...
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British Pound Falls Ahead Of Next Week's Election
Wednesday, May 31, 2017 - 8:55am | 368Read More...The British pound fell on Wednesday and is trading a near a one-month low of $1.2775 amid political uncertainty across the pond. U.K. Prime Minister Theresa May shocked the political landscape in April when she called for an early election in June 2017. May's Conservative party holds a majority of...
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Indian IT Outsourcing Giants At Crossroads As Trump Tightens Screws On Immigration
Saturday, May 13, 2017 - 9:36am | 2122Read More...The high-flying Indian IT outsourcing industry has withstood several challenges in the past. However, a recent obstacle has sent the industry into a tailspin, as these firms scurry around to identify strategies to work around the hindrance. The industry — valued at over $150 billion and...
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More Signs Brexit Fears Were Overplayed? UK Retail Sales Marked Fastest Pace Of Growth In 19 Months
Thursday, April 27, 2017 - 11:15am | 325Read More...Prior to the Brexit vote last summer, British supporters of the "leave" campaign were cautioned that a vote to exit the European Union would result in economic hardships. Nearly a full year has passed since the vote and there are growing signs these warnings were wrong. According to a...
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Meet The Candidates In The French Election That's Rattling Markets
Sunday, April 23, 2017 - 1:59pm | 1127Read More...The polls open for the first round of voting in France’s presidential election Sunday, and depending on who ultimately wins, the country could undergo as seismic a political shift as the U.S. did with the election of President Donald Trump. The leading candidates — Emmanuel Macron,...
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Erratic Trump Prompts Investors To Seek Safety In Silver, Gold
Thursday, April 20, 2017 - 12:06pm | 507Read More...Precious metals were the best-performing commodities of the first quarter, and some analysts believe the volatile nature of President Donald Trump’s first months in office played a big part. A composite of the active month futures prices of the four exchange-traded precious metals moved...
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Bank Of England To British Banks: Prepare For The Worst
Friday, April 7, 2017 - 11:54am | 421Read More...Remember the time-tested saying "prepare for the worst but plan for the best?" This is the exact message Bank of England's Gov. Mark Carney is telling British banks. According to a Bloomberg report, Carney is urging banks to implement worst-case scenario plans in the event that Brexit negotiations...
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French Connection: What An Election Means For ETFs
Friday, April 7, 2017 - 8:39am | 573Read More...France, the eurozone's second-largest economy behind Germany, will be holding one of the developed world's most widely watch national elections this year. Later this month, French voters head to the polls with the expected outcome being a May run-off involving far right candidate Marie Le...
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Brexit's Biggest Loser Won't Be Britain
Tuesday, April 4, 2017 - 3:31pm | 320Read More...Forty-two (42) percent of British people surveyed one month after the "Brexit" vote expressed feelings that the country's decision to leave the European Union was a bad one for the economy. But by March 2017, this figure gained more than 10 percentage points and totaled 53.0 percent. It may or may...
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Britons Left With Voter's Remorse? Number Who Think Brexit Is Beneficial Continues To Decline
Thursday, March 30, 2017 - 10:25am | 551Read More...The U.K. has officially begun its divorce proceedings, with Prime Minister Theresa May officially notifying the European Council President Donald Tusk of the nation's intention to leave the union under Article 50 of the EU's Lisbon Treaty. The U.K. is set to begin negotiations with the other EU...
















