Rupee rout is double edged for non-resident Indians
As the rupee finds a new level and India’s economy faces a bad patch, opportunities abound for NRIs
Currency
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US Government shutdown sees pound climb
The prospect of a US government shutdown has seen the pound climb to its highest level against the dollar since Brexit, while cryptocurrency Bitcoin continues to decline.
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Sterling has mixed fortunes on Brexit ‘breakthrough’
Sterling has had a mixed reaction to Britain and the EU completing the first phase of negotiations and reaching a historic deal overnight.
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Will sterling sink or swim?
Following the recent news of progress on the Brexit “divorce bill”, sterling hit a two-month high this week, and was up against both dollar and euro. Despite the uptick, the main question still remains, will sterling continue to strengthen or is it in danger of collapsing in the face of political turbulence?
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Questions advisers must ask before clients move to Portugal
UK advisers with clients looking to move to Portugal and make the most of tax-efficient opportunities but avoid costly mistakes need to consider seven key questions, according to international wealth and tax management firm Blevins Franks.
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First Trust launches actively managed global currencies ETF
ETF provider First Trust Global Portfolios (FTGP) has launched what it describes as the first actively managed ETF in Europe focused on investing in global foreign exchange markets.
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Sterling plummets on Carney rate hike rejection
Sterling fell on Tuesday morning in reaction to Mark Carney’s claim that “now is not yet the time” to hike interest rates in the UK.
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Sterling drops, markets composed after UK election surprise
The universally acknowledged poor decision by UK prime minister Theresa May to call a snap election and then alienate her core voting base, resulting in a hung parliament, initially dented sterling by around 2% but has had little real impact on the stock market.
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Is dollar weakness set to reverse?
This year’s dollar weakness took most investors by surprise. There are, however, obvious reasons for this, and fundamentals suggest it could reverse.
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Sterling takes fright from Conservatives’ shrinking election lead
The British currency has suffered its biggest fall since April after a poll suggested the Conservative party’s lead in the UK general election had diminished.
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Schroders launches fund to defy short-term market moves
Schroders has launched a multi-asset fund for Johanna Kyrklund designed to weather potential storms in equity and bond markets.
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How low can sterling go?
Sterling hit an eight-week low on Tuesday morning in reaction to parliament’s approval of the Article 50 bill – but with at least two years of negotiations ahead, could the currency fall even further?