BOE Rate Decision
Rates in the UK were cut to lowest point ever over Brexit concerns. In short, the increased uncertainty over the move to leave the EU has impacted confidence and business…
Bank of Japan – hold steady for now
New stimulus was announced but waiting to do possibly more at the next meeting in September. In short, they decided to assess their approach, so a cautious approach. The move…
Turkish Failed Coup and Investment Environment
The failed coup was over before it really started. It looked like a desperate attempt to overthrow the current AKP government. Unlike coups of the past in Turkey, this one…
FX Forecast Alert: GBP
Strong Possibility of the Leave Campaign winning. Brexit is clearly more likely to happen. Please see my quick analysis in the previous article. Expectations: GBP to drop to around 1.20…
High Chance UK will Leave EU
The vote is going to be close. During the last few days, the markets and the polls showed the Stay Campaign with a slight edge. Today, I closed out most…
Brexit Vote Forecast
Our position on Brexit is that it will be very close but will not happen. There are several reasons that we think the vote will swing in favor of staying…