Thursday 30 June 2016
 
»

ECB ready to manage financial impact of Brexit vote

The European Central Bank is ready to manage impact on financial markets and the banking system of the British vote to leave the European Union, a senior ECB official said on Friday. "The ECB is ready, today everyone is in place and there will be instructions from the govern

More…

Turkish investors sell over $1bn in forex after Brexit

Turkish local investors sold over $1 billion in forex in profit taking after an initial steep slide in the lira on Friday as Britain's shock vote to exit from the European Union hit emerging market currencies, bankers told Reuters. Local investors took profits after the lira

More…

Investors hide in German debt as Brexit rocks euro zone

Investors ran for the safety of top-rated German debt and ditched bonds in riskier southern Europe as Britain's vote to leave the European Union created the biggest shock to the euro zone's markets since its 2012 crisis.   German bond yields -- an indica

More…

Global central banks pull out stops to calm jittery markets

The Bank of England pledged a huge financial backstop to calm plunging markets after Britain voted to leave the EU and central banks around the globe intervened in markets, highlighting worries that volatility could quickly hit the world economy. The BoE offered to provide more t

More…

China stocks fall over 1pc on Brexit

China stocks fell more than 1 per cent on Friday as Britain's vote to leave the European Union shocked global financial markets, but the country's tight capital controls curbed the sort of heavy selling which pummelled other Asian markets. Both the blue-chip CSI300 index

More…

UK stocks reel in post-Brexit sell off

The FTSE 100 fell more than 8 per cent at the open wiping more than £100 billion ($136.7 billion) off the market cap of the UK's biggest bluechips after the country voted to leave the European Union. Following the result, British Prime Minister David Cameron said he wou

More…

Asia central banks, wade in to calm markets

At least two Asian central banks were suspected of intervening in their currency markets on Friday, according to traders, as global financial markets went into a tailspin after Britain voted to leave the European Union in a historic vote.   Multiple traders said

More…

Japan signals readiness to intervene as Brexit boosts yen

Japan will respond as needed to "extremely nervous" exchange-rate moves in the wake of Britain's referendum on leaving the European Union, Finance Minister Taro Aso said on Friday, signalling a readiness to intervene to stem excessive yen strength. Aso declined to c

More…

Sterling plunges to 31-year low, as UK votes Brexit

British markets plunged on Friday, with sterling hitting a 31-year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union. Bonds also sold off sharply, pushing UK government borrowing cost

More…

Emirates NBD signs upsized $1.7bn loan

Dubai's largest bank, Emirates NBD (ENBD), has taken advantage of strong support from lenders to sign a $1.7 billion three-year loan, $450 million more than it had originally sought, banking sources said on Thursday. Gulf banks are keen to raise funds as liquidity comes under

More…
 < 1 2 3 4 5 > 

calendarCalendar of Events

Ads