With the Federal Reserve meeting underway, investors shouldn’t panic about the latest announcement and stick to basic investment fundamentals.
During this two-day meeting, it’s widely predicted the U.S. central bank will hike rates by a further 75 basis points.
Once again, we can see the Fed is driving investor sentiment, stock markets and decision-making.
As I was quoted by MSN Money, Financial Mirror StockHead and Financial Express, amongst other media, only last week Read More
Liz Truss has won the Conservative party leadership and takes over from Boris Johnson as the UK’s new Prime Minister.
Yet her victory is helping to further sink the troubled pound, and it looks as though things will only get worse.
As I was quoted by The Mirror, Pound Sterling Live, London Loves Business and Capital.com, amongst other media, up to now, Sterling is one of 2022’s worst performing major currencies, and on Monday fell to its lowest since 1985.
Part of the Read More
The Pound will likely decline further and more radically next week if Liz Truss is named the UK’s next Prime Minister as expected.
Sterling has registered its largest monthly fall against the Dollar since October 2016, at the height of the Brexit fallout.
Last month, the Pound fell 4.5% to $1.16 and nearly 3% against the Euro. Sterling kicked off September with an additional 0.3% fall against the greenback.
We forecast things will get worse for the Read More
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
Sterling is set to receive a welcome boost after the Brexit Party said it will not come up against the Conservatives in 317 seats in the December election.
Brexit party leader Nigel Farage has announced he will stand aside in all the 317 seats won by the Tories in the 2017 general election, and will only fight seats held by other parties on December 12.
This move by Farage has given Johnson a significant boost in the election as he stands down Brexit party Read More
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
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
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
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
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