Investors, who already view the US as overpriced and the eurozone as cheap may be about to start piling money into both European stocks and the euro, says John Stepek.
The spat between Tesco and Unilever over rising costs is just one effect of the weaker pound. We may get higher inflation, but there will be huge opportunities too.
Brexit jitters sparked a “flash crash” in sterling last week, with the pound sliding 6% against the dollar. John Stepek explains what happened, and what it means for your investments.
How to invest during the monetary endgame was the theme of this year’s MoneyWeek Conference in London. John Stepek sums up the debate.
Whether you think the falling pound is good or bad, it proves you need to take control of your finance now more than ever, says Merryn Somerset Webb.
Ever since Donald Trump’s candidacy began to look inevitable this spring, the Mexican peso has been hit hard, losing around 15% against the greenback.
Well-known currency strategist and hedge fund manager Stephen Jen believes the UK will perform very well outside the EU.
The Bank of England’s failure to raise interest rates gave the pound a fillip. But with the race to the bottom still on, it faces stiff competition from the rest of the world’s currencies.
China’s renminbi, or yuan, has slid by more than 6% in trade-weighted terms this year, and has also kept falling against the dollar.
The falling value of the pound will boost Britain’s competitiveness, says Andrew Van Sickle. But don’t expect a huge new upswing in the economy just yet.
Since the EU referendum result, the pound has fallen. But a weaker currency is exactly what the Bank of England wants, says John Stepek. Here’s why.