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​UK Prime Minister David Cameron’s clinching a deal with 27 members of European Union, paved the way for UK’s referendum on EU on June 23rd. Mark your calendars. With poll showing close call and heavy weights like London mayor Boris Johnson joining the exit camp, it’s no telling upfront, which side may prevail. Just like Mr. Cameron, promised to campaign in favour of stay with heart and soul, we promise to bring our readers latest ins and outs, surrounding the referendum as well as UK asset class, FTSE 100, Gilts and Pound.​

Briferendum Series

Witless white noise, virulent ugliness: Brexit debate plays out its last scenes

Jun 23, 2016 08:48 am UTC| Insights & Views

Mass politics versus elite interests. Mad dogs and Englishmen. Thats the Brexit referendum in a nutshell. Make no mistake: this is an internecine struggle between political elites. Brexiters such as Boris Johnson, and...

Briferendum Series

Briferendum Series: Overnight sterling IV touches 106 percent

Jun 23, 2016 08:32 am UTC| Commentary

If anything is crazy, it is this. As the polls open on Thursday, overnight implied volatility known as acost to protect against pound/dollar volatility has surged above 106 percent. This is an all-time record, unlikely to...

Briferendum Series

Q+A: Everything you need to know about referendum night

Jun 23, 2016 07:32 am UTC| Insights & Views Politics

Once the polls close on June 23, the real action begins in Britains big decision on whether to leave or remain in the European Union. Heres everything you need to know. When might we expect a result? If the vote is...

Briferendum Series

Briferendum Series: Bookmaker William Hill sees success for the ‘Remain’

Jun 23, 2016 07:30 am UTC| Commentary Politics

UKs largest bookmaker William Hill has published its latest offering odds at 2/9 on the UK referendum on membership in the European Union. This basically means that bookmaker is pricing 81 percent chance that theUK will...

Briferendum Series

Briferendum Series: Referendum voting officially begins

Jun 23, 2016 06:26 am UTC| Commentary

Referendum voting has officially begun in the United Kingdom at 6:00 GMT, about half an hour ago. Voting will continue for next 15 hours and will end at 21:00 GMT. The market is not likely to move much throughout this...

Briferendum Series

UK referendum finally hits the day; polls show too close a call

Jun 23, 2016 05:44 am UTC| Central Banks Economy Commentary

The big day has finally arrived for the United Kingdom as it goes to face an election over its membership in the European Union. The Britons will vote either in favor of Remain or Leave, which shall commemorate the future...

Briferendum Series

If Scotland blocks England from Brexit, what happens next?

Jun 22, 2016 12:41 pm UTC| Insights & Views Politics

Scottish voters dont regard the EU referendum with the same importance as the independence vote of 2014. No one is suggesting Scottish turnout will be anywhere near the 85% of that poll more likely 20 points below. Yet...

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Economy

India’s Investment Upgrade: A Historic Milestone for the "High-Quality EM" Narrative

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Asian Markets Rally as Oil Prices Tumble and Middle East Peace Hopes Emerge

Asian stock markets posted strong gains on Wednesday, driven by a sharp decline in oil prices and growing optimism over a potential diplomatic resolution in the Middle East. The broad-based rally swept across the region,...

Australia's Inflation Eases in February but Core Pressures Persist

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Oil Prices Plunge Over 6% as Middle East Ceasefire Hopes Ease Supply Fears

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Currency Markets Show Caution Amid U.S.-Iran Negotiations

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Politics

Trump's Overhaul of American History: Museums, Monuments, and Cultural Institutions

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Pakistan's Diplomatic Rise: Mediating U.S.-Iran Peace Talks

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US Accelerates Taiwan Arms Deliveries Amid Rising China Threat

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Trump Administration Settles Lawsuit Barring Federal Agencies from Pressuring Social Media Censorship

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Cuba Receives Humanitarian Aid Convoy Amid U.S. Sanctions

Cuba welcomed a long-awaited shipment of international humanitarian aid on Tuesday, as activists from the global Nuestra America Convoy successfully delivered essential supplies to the island nation despite ongoing U.S....

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

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SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

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OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership

OpenAI has officially shut down Sora, its AI-powered video generation tool, in a move that blindsided partners and staff alike and effectively ended a landmark deal with Walt Disney Co. The decision marks a major...

Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield

Tech-forward defense companies Anduril Industries and Palantir Technologies are reportedly joining forces to develop critical software for the United States most ambitious missile defense initiative to date the Golden...
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