From Zacks: The Office for National Statistics lowered UK’s GDP growth estimate for Q4 2017 in its second estimate, bringing 2017 GDP growth to a 5-year low. Low spending weighed on GDP growth, as UK prepares to leave the EU…
From Zacks: The European Commission revised its forecast for U.K. GDP growth to 1.5% for 2017 from 1.8% predicted earlier. Moreover, the commission expects GDP growth to fall to 1.3% in 2018 and 1.1% in 2019, as mounting concerns related…
From Tyler Durden: During his trip to London this week, US Commerce Secretary, Wilbur Ross, wasn’t only defending revelations in the Paradise Papers that he’d invested in a shipping company with ties to the Putin family. NYSE:EWU November 8, 2017 6:16am
From Tyler Durden: This morning, BoE Governor Mark Carney discussed the risks of a hard Brexit during his testimony to the UK Parliamentary Treasury Committee. There was renewed weakness in Sterling during his testimony. NYSE:EWU October 18, 2017 6:09am
One year ago, British voters cast their ballots in favor of leaving the 28-member European Union, defying multiple opinion polls leading up to the Brexit referendum that said the “remain” camp would notch a narrow victory. NYSE:EWU June 27, 2017 8:42am
From Franklin Templeton Investments: In the sort of unexpected twist that observers have come to expect from elections recently, UK voters have dealt a bitter blow to Prime Minister Theresa May, robbing her of her narrow parliamentary majority. NYSE:EWU June 9, 2017 6:25am
From Invesco: The Brexit process started yesterday, when British Prime Minister Theresa May formally notified the European Union (EU) of the UK’s intention to withdraw from the EU under Article 50 of the Lisbon Treaty. NYSE:VGK March 30, 2017 7:07am
The iShares MSCI United Kingdom ETF (NYSE:EWU) is in focus today, as British Prime Minister Theresa May kicks off two years of negotiations for her nation to leave the European Union. NYSE:EWU March 29, 2017 9:58am
From Franklin Templeton Investments: Franklin Templeton Fixed Income Group’s David Zahn examines the issue of populism in Europe, including Dutch elections and a possible second Scottish referendum. NYSE:EWU March 17, 2017 6:28am
From Boris Schlossberg: Britain’s Supreme Court ruled on Tuesday that the government of Prime Minister May must seek Parliamentary approval before triggering Article 50. But the widely-anticipated ruling turned out to be a dud for the markets as the pound…
In recent testimony before a select committee in the British Houses of Parliament, the Bank of England governor Mark Carney stated that the risk of recession since the BREXIT vote in late June has fallen significantly. NYSE:DXPS September 13, 2016 3:42pm
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