Although Sterling remained largely unmoved, John Bercow’s refusal on Monday to allow a Meaningful Vote on the new Brexit deal will place further downward pressure on the UK economy.
Sterling experienced a minor downside knock following the decision by the Speaker of the House of Commons, but there was no big surprise.
This highlights that traders are patiently biding their time as they forecast the European Union will allow a Brexit extension in the coming Read More
The awards are showing no signs of slowing down this year!
deVere has won TWO ACQ5 Global Awards:
International – Independent Financial Consultancy of the Year, deVere GroupUAE - Gamechanger of the Year (Financial Consultancy), Nigel Green, deVere Group
According to the organisation: “ACQ Annual Award Programs recognise organisations and individuals that have achieved outstanding commercial success in designated areas of expertise.
“Since 2006, the ACQ has been Read More
deVere Acuma has been named Financial Advisory of the Year UAE 2019 in the International Investor Business Awards 2019.
What an honour it is and is testament to the handwork and commitment of our teams across the UAE.
International Investor Magazine is an online publication that provides insights, news and visual informative pieces with subjects ranging from world markets, investing opportunities and industry analysis amongst many other topics. All content is dedicated to the Read More
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