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Briferendum Series

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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

Briferendum Series: Who in EU wants UK and who doesn’t?

May 12, 2016 12:58 pm UTC| Commentary

Not everyone likes Britain. France has said they will embrace the bankers choosing to leave London after British exit from the Union, whereas Ireland has expressed its strong desire for UK to stay. Even Germany at the sake...

Briferendum Series

Briferendum Series: UK’s weaker self-perception inside EU remains a major decisive factor

May 12, 2016 12:42 pm UTC| Commentary

In campaigners, who have largely been scaremongers, showing how Britain may suffer in terms of trade, Foreign Direct Investments, Sterling have largely ignored one aspect, which has been key argument of out-campaigners...

Briferendum Series

FX Hedging Strategy Series

Poll shows most UK listed firms hedging for pound to fall on Brexit

May 10, 2016 23:58 pm UTC| Research & Analysis

Reuters reported that four-fifths of Britains major companies have taken steps to hedge against the risk that a vote to leave the European Union will knock more than 10 percent off the value of sterling, a pollof almost...

Briferendum Series

Briferendum Series: NIESR warns 20% drop in Sterling

May 10, 2016 13:23 pm UTC| Commentary

United Kingdoms well respected National Institute for Economic and Social Research (NIESR) has issued warning that Pound Sterling could fall as much as 20% if the Kingdom votes to exit European Union. In addition to that...

Briferendum Series

Does Britain get its way at the European top table?

May 09, 2016 11:51 am UTC| Insights & Views

The UK has never been on the winning side when we have challenged the commission in a vote in the council. Chris Grayling, leader of the House of Commons and Vote Leave campaigner, in a speech on March 10. Chris...

Briferendum Series

Briferendum Series: Post Obama widening fades, gap narrows in polls

May 09, 2016 11:35 am UTC| Commentary Politics

U.S. president Barrack Obamas clout over UKs public opinion with regard to referendum seems to be fading. As Obama, urged the people of U.S.s best friend UK, to vote to stay in European Union, since it amplifies UKs role...

Briferendum Series

European bonds gain on Brexit angst

May 09, 2016 11:33 am UTC| Commentary

The European bonds gained on Monday as the recent polls showed the outcome of the referendum is too close to call, raising the possibility that Britain might leave the EU after 43 years of membership in the bloc. The...

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Economy

Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth

Germanys economic outlook remains cautious, with a new forecast from the German Economic Institute (IW) indicating only modest improvement in 2025 as global trade falters and domestic financial pressures intensify....

Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data

Japans Nikkei 225 slid on Friday, erasing its gains for the week and diverging from mostly positive Asian markets as investors turned cautious ahead of a crucial U.S. inflation reading that could influence the Federal...

Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth

Europe is facing growing competitive pressure from China as Beijing intensifies its export-driven growth strategy, a shift Goldman Sachs says is reshaping the outlook for several major European industries. The bank...

Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook

Citigroup has raised its outlook for European equities, setting a 2026 year-end target of 640 for the STOXX 600 index. The forecast suggests a potential 10.5% upside from Thursdays close, reflecting growing confidence in...

Dollar Weakens Ahead of Expected Federal Reserve Rate Cut

The U.S. dollar hovered near a five-week low on Friday as global investors positioned themselves for a widely anticipated Federal Reserve rate cut next week. The greenback remained under pressure across major currencies,...

Politics

Hong Kong Faces Low Turnout in “Patriots-Only” Election Amid Public Grief After Deadly Fire

Hong Kong is bracing for a significantly low voter turnout in Sundays patriots-only Legislative Council election, as the city continues to mourn the deadliest fire it has seen in decades. The blaze, which erupted in a...

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Cuban authorities announced that the island is intensifying its fight against narcotics trafficking in the Caribbean, emphasizing ongoing cooperation with the U.S. Coast Guard despite heightened political tensions and an...

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

An Irish naval vessel detected as many as five drones operating close to the flight path of Ukrainian President Volodymyr Zelenskiys aircraft as he arrived in Ireland for a state visit, according to local media reports on...

Australia Progresses AUKUS Review as U.S. Affirms Strong Support

Australia is moving forward with the newly received United States review of the AUKUS nuclear-powered submarine partnership, signalling renewed confidence in the trilateral defence pact with the U.S. and the United...

Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship

The Trump administration has introduced stricter vetting measures for H-1B visa applicants, targeting professionals in highly skilled fields often recruited by major U.S. tech companies. According to an internal State...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...