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Theresa May, Prime Minister of Britain, had asked for a new Brexit deadline of June 30. This was denied by the European Union. What was granted, however, was an extension to May 22, the day before the EU elections commence, if the Prime Minister can persuade lawmakers in Parliament to accept h...
Originally published March 21, 2019 We are but 9 days away from the Brexit deadline. Britain has asked for an extension and the President of France denied it yesterday. I do not like calling "Wolf" but we may be headed for a crisis. What we know for sure, today, is that there is a massive ...
It is very easy for Americans to view Brexit from a British perspective. Our (approximately) common language makes British media very accessible. The events in the British parliament are dramatic and can be watched on YouTube. Our President (and his family ) are getting involved in the proc...
Confirmation that it wasn't a shallow Rhine and emissions regulations. Something big is going on in Europe, Germany first. And if the German economy stumbles, particularly its industrial and manufacturing sector, we can reasonably infer its cause - the entire global economy is suffering. As ...
Overview : The S&P 500 recovered from the post-FOMC reversal to close a new 5-month high yesterday, led by technology. Financials were the only main sector to retreat. The large equity markets in Asia, Japan, China, Australia, South Korea, and Taiwan all advanced. Europe's Dow Jones Stoxx...
By David Zahn, CFA, FRM, Head of European Fixed Income, Senior Vice President, Franklin Templeton Fixed Income Group After a nail-biting few hours, European Union leaders have agreed to the UK government's request to delay Brexit, albeit the extension is less than Theresa May had requeste...
The chances of a "no-deal" Brexit have lessened, but the timeline to resolution has lengthened. Posted by Arnab Das, Global Market Strategist, EMEA, and Michael Siviter, Senior Fixed Income Portfolio Manager on March 20, 2019, in Market & Economic The latest installment o...
Overview: The dovishness of the Federal Reserve sent ripples through the capital markets. US equities reversed initial gains, but Asia Pacific equities edged higher, though Japanese markets were closed for a national holiday. European shares are struggling, as financials and consumer discret...
The arcane mechanisms of the European Union are about as interesting as watching paint dry or reading the small print of a share document. But for anybody wanting to know how the Brexit - Britain's failing attempt to leave the EU - will turn out, it is important to pay attention. Last night ...
Perhaps nothing summarizes the efforts of British Prime Minister Theresa May and the European Union to produce an exit for the UK from the European community than the opinion piece by Robert Shrimsley in the Financial Times . Mr. Shrimsley, discussing the exit plan produced by Ms. May, writ...
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ATLANTA , Dec. 13, 2019 /PRNewswire/ -- Invesco (NYSE: IVZ), one of the world's leading global investment managers, today announced changes to its US exchange-traded fund (ETF) and mutual fund product lines. The fund rationalization is intended to integrate the fund ranges o...