Conservation finance: It is time to press on with sustainability
A focus on just three of the UN Sustainable Development Goals (SDGs) would produce a domino effect that would see nearly all of the other goals reached, according to a paper put out by the University of Bath in September....
Week Ahead: Brexit Vote, Canadian Elections and ECB
Undoubtedly, the biggest short-term risk event facing investors will be the UK’s parliamentary vote on Saturday. MPs must decide whether to approve Boris Johnson’s Brexit deal or risk plunging Britain further into political crisis. Their decision could shape the future...
Mind the Gap after Brexit Vote
According to Investopedia, “a gap is an area of a chart where a security’s price either rises or falls from the previous day’s close with no trading occurring in between.” Let’s look at the logic behind this: traders don’t perceive...
Brexit Optimism Rises Despite Parliament Obstacle
The British pound is near 5-month highs ahead of Saturday’s showdown as the UK parliament is being asked to ratify the deal that PM Johnson and his EU counterparts reached to avoid a hard Brexit on October 31. The odds...
Gorman can’t wait to have less capital
Morgan Stanley CEO James Gorman kicked off his third quarter earnings call on Thursday after hold music that had veered wildly from funk to orchestral, and he sounded upbeat after what he described as strong results. The firm’s wealth management...
Here’s what happened to the stock market on Friday
Dow Jones Industrial Average falls 255 points Boeing, JNJ and Netflix zap market’s earnings enthusiasm Sharp declines in Boeing and Johnson and Johnson were a drag on the Dow. Boeing fell 6.79% after the Federal Aviation Administration said the aerospace...
Jamie Dimon says Facebook’s libra is ‘a neat idea that’ll never happen’
J.P. Morgan Chase CEO Jamie Dimon is not bullish on the future of Facebook’s libra cryptocurrency. “It was a neat idea that’ll never happen,” Dimon said Friday at a conference in Washington, D.C. Dimon’s comments come as a raft of...
Forward Guidance: Political Headlines to Dominate Week Ahead
Polling continues to point to the most likely outcome in Monday’s Canadian federal election being either a Conservative or Liberal minority government (almost 90% odds for one or the other according to the CBC’s poll tracker) with the suddenly resurgent...
Week Ahead – Draghi’s Last ECB Meeting and Brexit Vote to Headline Muted Data Week
It will be relatively quiet on the data front in the coming week with just a handful of top-tier releases, but Mario Draghi’s last ever policy meeting at the helm of the European Central Bank should make for an interesting...
Sterling Consolidates ahead of Crucial Brexit Votes, Dollar Soft
Sterling remains steady today as traders are all holding their bets ahead of tomorrow’s crucial vote on the new Brexit withdrawal agreement. Canadian Dollar follows as second weakest as oil price recovery cannot gather momentum. On the other hand, New...
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