Nigel Green

Nigel Green

March 26, 2020
Investors seek out key opportunities from the hit of coronavirus premium
As global stock markets rallied on Tuesday this week, investors are looking to ‘new world’ sectors and businesses as the world adapts to life with coronavirus and looks towards an economic recovery. Over time we’ve seen every economic downturn generate a new normal, and the one being sparked by the COVID-19 pandemic will be no different. The impact of the coronavirus spread has reached companies across the globe, causing vast international disruption, Read More
premium
Nigel Green
March 26, 2020
Covid-19 – not Brexit – likely to be the biggest blow to the pound premium
Coronavirus is likely to deliver the bloodiest nose to the pound, more so than Brexit and the financial crash of 2008-2009. The pound dropped to its lowest level on record on Tuesday against the currencies of the UK’s major trading partners. The Bank of England announced that the exchange rate, which is gauged against a basket of currencies corresponding to Britain’s trade flow, declined to 72.9. There was a slight increase on Wednesday to 74.4. These Read More
premium
Nigel Green
March 18, 2020
deVere offers Contactless Advice service amid COVID-19 spread premium
deVere is now offering free financial advice to anyone across the globe on a remote basis. As reported by International Investment, International Adviser, Fintech Finance, Financial Reporter, Money Management, Private Banker International, Financial Standard and Mortgage Introducer, amongst other media, we made the decision to launch our Contactless Advice service for four key reasons. First, social distancing is at present the only way we can combat the Read More
premium
Nigel Green
March 16, 2020
Recession sparked by COVID-19 will alter how we live, do business and invest premium
The way in which the world recovers from a coronavirus-triggered recession will lead to a profoundly different way of how we live, do business and invest. Consensus is mounting across the globe that a temporary global recession is forthcoming and as governments and central banks grapple to attempt to curb the impact. Indeed, on Sunday, the United States Federal Reserve reported another interest rate cut, its second emergency measure undertaken in Read More
premium
Nigel Green
March 9, 2020
Covid-19 and the oil price war: A global recession is almost inescapable premium
A global recession is now almost inevitable in 2020. Monday has seen global stocks and government bond yields decline after oil prices nosedived by near to 30%, as I discuss in this short video. This is oil’s sharpest one-day fall since the Gulf War in 1991, further driving the global stock market sell-off that got underway a fortnight ago on fears the Covid-19 outbreak will severely affect economic growth. Every major stock market around the world is Read More
premium
Nigel Green
February 28, 2020
Rand and stocks plummet as junk-status rating fears for South Africa loom premium
The South African rand has fallen to its lowest-level in almost four years, South African-listed equities have plummeted into correction territory, and a junk credit-rating for the country is now looming. The widespread rush from risk assets hit commodities, including oil, copper and iron, pushing the Bloomberg Commodity Index to a 33-year low as worries grow over the demand for materials will be weakened as coronavirus drags on Chinese and global economic Read More
premium
Nigel Green
February 19, 2020
Bloomberg’s crypto policy places him on the right side of history premium
Michael Bloomberg’s cryptocurrency plans are putting him on the right side of history. The presidential candidate has put forward a regulatory framework for cryptocurrencies within a new financial regulation plan which states: “Cryptocurrencies have become an asset class worth hundreds of billions of dollars, yet regulatory oversight remains fragmented and undeveloped.” Up to now, Bloomberg is the only presidential hopeful to have formulated a coherent Read More
premium
Nigel Green
February 3, 2020
Coronavirus drives Bitcoin price higher premium
It’s likely that we’ll see the price of Bitcoin continue to increase until the coronavirus reaches a peak. The price of the world’s largest cryptocurrency by market cap gained over 10 per cent in a week and is also up 30 per cent since the end of last year. This makes 2020 the best start to year for Bitcoin in eight years. Up to now, there have been 17,335 confirmed cases of the coronavirus with a death toll of 362. The epicentre of the virus outbreak is still mainland Read More
premium
Nigel Green
January 30, 2020
deVere wins Finance Monthly FinTech Award 2020 premium
deVere Group has been named winner in the Finance Monthly FinTech Awards 2020! What an honour! As we are seeing, fintech is profoundly changing the way we access, manage and use money, and the changes are coming quicker than ever before due to improving technologies and growing demand. In regard to these prestigious FinTech Awards, Finance Monthly states: “Our key goal is to reward those firms and advisers who have demonstrated peerless accomplishments within their Read More
premium
Nigel Green
January 28, 2020
Investors should avoid any knee-jerk reaction to coronavirus premium
As it stands, coronavirus is the biggest threat to financial markets. With the death toll rising to 106, the number of confirmed cases of the Sars-like virus has reached more than 4,500. On Monday, the composite European Stoxx 600 fell 1.7% at the open, London’s FTSE 100 declined 1.6%, while Germany’s Dax fell 1.7%. Elsewhere in Asia, the Shanghai Composite fell 2.7%, the Hong Kong Hang Seng lost 1.1%, and Japan’s Nikkei dropped 2%. As I was quoted by The New York Read More
premium
Nigel Green
January 22, 2020
Nigel Green named in The 10 Most Successful Entrepreneurs to Follow 2020 premium
Entrepreneurs: ‘The reason behind their success is they use that fear of failure to work harder and smarter and if for some reason it doesn’t work out the first time, they make it happen in the next’ – Insights Success Magazine. Insights Success Magazine has announced ‘The 10 Most Successful Entrepreneurs to Follow 2020’ and I am immensely proud to be among them. According to the website, Insights Success is the “Best Business Magazine across Read More
premium
Nigel Green
January 8, 2020
CEO Today Global Awards 2020 winner premium
The New Year has got off to a winning start for deVere! I’m immensely proud to have won a CEO Today Magazine Global Award 2020! The CEO Today Global Awards are dedicated to recognising strong and innovative leadership amongst business leaders operating around the world. As such, I am truly honoured to be named a 2020 winner. According to CEO Today Magazine: “Every year, CEO Today Magazine identifies and honours the most respected companies and their C-Level executives Read More
premium
Nigel Green