A bevy of analysts have been led to redouble their warnings that a backlash over globalization is poised to roil global financial markets—with profound consequences for the real economy and investment strategies by weak global trade, fears that the U.K. is marching towards a hard Brexit,...

Driven by computer-initiated sell orders that left the pound at a fresh 31-year-low and heading for its worst week since January 2009, Sterling lost a tenth of its value in minutes on Friday, in what traders said was a "flash crash".   As anxiety grows that Britain will opt for a "hard" exit...

According to Joseph Stiglitz, one of the greatest economists of the world, there is a collapse waiting for the European Monetary Union. The Nobel laureate said that the euro zone could be divided into northern and southern parts. Winner of the Nobel Prize in Economics Joseph Stiglitz believes that...

This morning, the British pound has experienced a sharp drop of more than 6%, which immediately caused panic on the stock exchanges. However then, the pound almost completely restored to its previous value within minutes. Experts suspect that this occurrence may be caused by programs for automated...

Diego Parrilla, managing director atinvestment firm Old Mutual Global Investors believes that we should recognize how mispriced gold is and it is being largely misunderstood.   "We are creating the biggest bubble in duration (with the debt markets) that we've...

A revitalized dollar, boosted by resurgent U.S. interest rate hike expectations, and Brexit worries resulted in Britain’s pound slumping to a three-decade low.   Hit by a growing sense that the UK may be heading for a 'hard' Brexit where it severs links to the EU's single market in favor of...

The pound sterling fell sharply to other world currencies after statement of the British Prime Minister Theresa May of imminent launch of the EU exit procedure. Bloomberg index, tracks changes in the British currency, fell to a record low. The Bloomberg British Pound Index, calculated by Bloomberg,...

Japan began to review data on GDP growth because of rising concerns about the information’s inaccuracy. In particular, data for 2014 may have been grossly underestimated, according to a report of the Bank of Japan. In addition, there are fears that the wrong data may have influenced economic...

Saudi Arabia has planned to raise $ 10-15 billion in international financial markets to finance the country’s living. However, the new law adopted in the United States could complicate those intentions. Recall that the US Congress passed a law ‘Justice Against Sponsors of Terrorism Act’ (JASTA),...