Nigel Green deVere blog

October 22, 2019
Bercow’s Meaningful Vote refusal won’t impact Sterling, but it does heighten uncertainty premium
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
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Nigel Green
October 16, 2019
deVere wins two ACQ5 Global Awards 2019 premium
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
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Nigel Green
October 4, 2019
deVere Acuma Best Financial Advisory of the Year UAE 2019 premium
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
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Nigel Green
September 18, 2019
Bitcoin to get a boost from the Fed this week premium
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
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Nigel Green
September 9, 2019
Johnson’s ego must go for the sake of Britain’s economic growth premium
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
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Nigel Green
August 29, 2019
Investors must protect their assets as sterling tumbles and a recession looks on the cards premium
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
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Nigel Green
August 23, 2019
Johnson’s Brexit plan looks to be working – but only because of recession fears in the bloc premium
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
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Nigel Green
July 30, 2019
Hammering for the pound to continue – under Johnson OR Corbyn premium
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
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Nigel Green
July 24, 2019
Boris Johnson, the impotent Prime Minister premium
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
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Nigel Green
July 18, 2019
deVere CEO Nigel Green net worth ? premium
Everyone’s curious about other people’s net worth, aren’t they? I know I am. And I know that people Google ‘deVere CEO Nigel Green net worth’ frequently. To my mind, this is a good thing as it demonstrates that people are ambitious, committed and keen to succeed. Taking inspiration and learning from other successful people is certainly one of the key ways I try and develop both professionally and personally. As I highlight in this video, I look to the likes of Read More
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Nigel Green
July 10, 2019
Cryptocurrencies should bolster Brexit Britain’s troubled financial services sector premium
As I have been quoted as saying in Coin Telegraph amongst many other publications, cryptocurrencies like Bitcoin should play an important role in reforming and reviving the UK’s financial services sector after Brexit. For the first time since the 2016 Brexit referendum, the UK economy has showed signs of contraction, driving speculation of a recession in Britain. In addition, it also follows Bitcoin, the world’s largest cryptocurrency by market Read More
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Nigel Green
July 3, 2019
deVere poll: 55% of us regularly use fintech premium
A global poll recently undertaken by deVere has revealed over half of banking and financial customers across the globe use fintech products and services. 55 per cent of the 883 people surveyed, from the UK, Europe, Asia, Africa, Latin America and Australasia ‘regularly use financial technology to access and manage their money.’ Even looking back two or three years, that figure would have been substantially lower. The fact that 55 per cent of people polled regularly use Read More
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Nigel Green