Bitcoin will likely receive a price boost by the U.S. Federal Reserve today.
During the U.S. central bank’s meeting on Wednesday it is highly likely it will slash interest rates by perhaps a quarter of a percentage point.
This follows the July rate cut, the first one in a decade, due to the trade war tensions with China.
As such, and as I talk about in this video, Bitcoin – the world’s largest cryptocurrency by market capitalisation - will likely break out of its Read More
Boris Johnson’s ego needs to take a back seat if there’s any hope of breaking the Brexit impasse.
The Prime Minister is in Dublin today for a meeting with Irish leader Leo Varadkar to try to find common ground between the British and Irish governments on the issue of the Irish backstop, the main stumbling block in the Brexit withdrawal agreement.
MPs are due to vote today on an early election, but it’s highly unlikely that it will pass.
Therefore, Read More
What a day it’s been in British politics. The Queen has accepted the Prime Minister’s request to suspend parliament from mid-September, therefore reducing the time available to MPs to stop a no-deal Brexit.
The Brexit-battered pound has since taken another beating thanks to Boris Johnson’s highly polemic parliament suspension.
Sterling has fallen more than 0.5% against both the euro and U.S. dollar following the decision, and the pressure will remain Read More
Boris Johnson is now back in the UK following his trips this week to Berlin and Paris, and it would appear that the PM’s Brexit strategy is working.
However, this is mainly due to the threat of a recession in Germany and the need for a good and fair deal for both sides.
Following his meeting with German Chancellor Angela Merkel in Berlin, it looks as though Boris Johnson has brought her closer to his viewpoint on Brexit.
Merkel challenged Johnson to Read More
Whether its Boris Johnson or Jeremy Corbyn in the driver’s seat, the pound will continue to receive a battering in the short to medium-term.
Sterling plummeted 4 per cent on Tuesday within its worst month since October 2016, as the likelihood of Britain leaving the EU without a deal on 31 October increases.
Indeed, as I was quoted as saying in The Sun, The Mirror and International Investment, amongst other media, the British pound is now the second-worst Read More
It was announced on Tuesday that Boris Johnson is the new resident of Number 10, taking over from Theresa May.
I believe Boris Johnson will be an impotent Prime Minister.
Mrs May was faced with a tough arithmetic in parliament, but her successor will have an even harder time.
Indeed, following numerous defections from serving MPs, and the likely loss of two seats in by-elections, the Tory party’s small majority may well collapse.
This, coupled with the fact that within Read More