British Pound

Brexit - Winners & Losers

UK prime minister Theresa May hopes the EU will come to its senses and negotiate a fair Brexit settlement. Unfortunately, current rhetoric suggests a “hard brexit” is the most likely scenario.

Futures Flat With Germany Closed; Sterling Slides On "Hard Brexit" Fears

With China, German and South Korea closed for holiday, it has been a relatively quiet day in overnight equity trading, especially in the one stock everyone is keeping a close eye on, Deutsche Bank, whose ADRs are trading fractionally lower, down under 1% in premarket trading. Cable plunged on "Hard Brexit" fears sending the FTSE100 to fresh 16 month highs.

90 Days Later: Still No Signs Of Brexit 'Doom & Gloom'

For the first half of the year, we were warned early and often by authorities that the Brexit vote could be a calamity for the ages. For example, the IMF claimed that a “Leave” result would threaten to “cause severe damage”, while Standard and Poor’s said that it would “paralyze” investment in the UK. But, as Visual Capitalist's Jeff Desjardins notes, it turns out that the real Brexit casualty isn’t the UK economy – instead it is the reputation of the many professional economists who wrongly predicted doom and gloom as the likely aftermath.