The pound loved Johnson’s victoryThere is really only one story in the foreign exchange markets today – and that has to be the pound. Boris Johnson’s Conservative Party was re-elected yesterday with a larger than …
Crown Prince Mohammed bin Salman: has he made Riyadh more repressive?Aramco, Saudi Arabia’s state-owned oil giant, has finally made it to market. But the regime struggled mightily to get it there. The world’s biggest initial public offering …
Japan’s latest stimulus is to heal a “self-inflicted wound”, says Megumi Fujikawa for The Wall Street Journal. Prime Minister Shinzo Abe has announced a ¥13.2trn (£97.9bn) fiscal package to finance the repair of damage caused …
In 2016, open-ended commercial property funds shut their doors amid panic over Brexit. Last week, it happened again. It’s as if these funds aren’t up to the job, says John Stepek. If we had to …
Exports of avocados from the Andean Three are boomingThe recent political turmoil in Latin America doesn’t change the auspicious long-term economic outlook for Chile, Colombia, Mexico and Peru. It spells opportunity for contrarian investors, says …
Tullow Oil shares have plunged to a 16-year low after the company slashed its annual production forecast from 87,000 barrels of oil a day currently to 70,000, say Julia Kollewe and Jillian Ambrose in The …
For more like this, sign up to Money Morning, our free daily email. There’s only one story in the UK this morning – it’s the day Britain goes to the polls. It’s no exaggeration to say …
Federal Reserve Chair Jerome Powell: turned dovishThis article is taken from our FREE daily investment email Money Morning. Every day, MoneyWeek’s executive editor John Stepek and guest contributors explain how current economic and political developments …
Whichever of these two has won, the message is: don’t mess it upThis has been a more than usually bad-tempered election campaign. We are going to press just as it ends, so as I write, …
Ursula von der Leyen is plotting a big shake-upEurope has big plans for the environment – but making them work without damaging world trade will be a challenge. Europe is about to “stake its economic …