Euro-pound parity looks remote, but so does a big rally
December 15th, 2017 Editor Company, Markets 0 comments
When a euro was worth as much as 93 pence during the summer, two things dawned on investors: the euro-sterling exchange rate was heading for parity and the currency pair was the best proxy for evaluating Brexit. In which case, the market view now is that Brexit risk for the UK is abating.
When celebrities known more for reality shows than financial prowess start endorsing a particular investment strategy, it is fair to assume a bubble exists. And so it is with initial coin offerings, a virtual way to raise cryptocurrency funds. Stars including socialite Paris Hilton, actor Jamie Foxx and boxer Floyd Mayweather have all taken to social media to claim they are backing cryptocurrency fundraising.
Here are the major questions for markets as a new trading week begins. Will markets listen to hawkish talk from the Bank of England? The first UK interest rate rise in a decade is not a “one and done” move, the BoE insists, but that is precisely how the market viewed it. The pound fell… This content is for Standard & Premium Digital Subscribers only.Log In Subscribe
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
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Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
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