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),...

An alternative investment strategy that relies on cheap money and low market volatility to produce outsized returns was given a second wing by the Federal Reserve and Bank of Japan's actions last week.   Some big hedge funds and other institutional investors starved for yield by eight years...

Royal Bank of Scotland (RBS) will pay $ 1.1 billion to settle claims of the US National Credit Union Administration (NCUA), according to Reuters. The regulator accuses bank in selling "toxic" mortgage-backed securities to US credit unions, which subsequently ceased to exist. RBS will not admit...

The Bank of America Corp. is of the view that because of China’s debt woes, there can be a financial crisis in China at any time. On the other hand cautions of only financial “bumps along the way” were issued by the BlackRock Inc.’s head of Chinese equities whi said that the Chinese government has...