Day: March 12, 2019

Mar 12
Asian shares jumped after Brexit deal changes

Asian shares jumped on Tuesday after the European Commision agreed to changes in a Brexit deal before a vote in the British parliament on a divorce agreement. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) jumped to 1.08 percent. Chinese blue chips (CSI300) rose 1.3 percent. CSI300 index has risen more than […]

Mar 12
Oil prices jumped with demand; OPEC supply cuts

Oil prices rose on Tuesday on a combination of a strong demand and supply cuts by the producer group OPEC. The financial markets also supported crude futures due to their increased today. However, analysts are still warned of risks to the global economy. US Crude oil futures were at $56.97 per barrel up 18 cents, or […]

Mar 12
Saxo Bank publishes details of recommended offer for all shares of BinckBank

Saxo Bank and BinckBank with a joint press release, unveil the details of the recommended public offer by the Offeror for all the issued and outstanding shares in the capital of BinckBank. Shareholders of the Dutch company are set to vote on the €424 million offer on the 23rd of April. Back in December Saxo Bank submitted […]

Mar 12
Forex – Pound Rises Ahead of Key Brexit Vote

The pound rallied in early European hours on Tuesday after British Prime Minister Theresa May secured last-minute changes from the European Union for her Brexit deal before a crucial vote in parliament later in the day. The pound was up 0.6% at $1.3230, taking its gains over two days to more than 1.5%. The euro slipped to its lowest against the pound […]