China to Snowball and Safety to Reign Supreme? – 12th January 2016
China to Snowball and Safety to Reign Supreme How would you react if a very senior figure at your bank sent you a letter advising you that 2016 is going to be a "cataclysmic year"? I imagine you would be rather concerned. Well, that is more...
Chinese circuit breaker scrapped – 11th January 2016
China's circuit breaker was triggered twice last week when the Shanghai stock exchange lost 7% of it's value as panicked investors tried to sell off their assets. The concept of circuit-breakers has been around for some time and then can work, preventing excessive price movements...
Chinese overcapacity could spell trouble for the US – 6th January 2016
Chinese overcapacity could spell trouble for the US Following manufacturing the PMI’S earlier in the week, it has become apparent that the global economy is suffering from severe over capacity with particular problems for China where it is estimated to have about 300 million tonnes of excess...
Sterling lacks festive Cheer – 4th January 2016
The Christmas and New Year holiday was not a particularly enjoyable one for Sterling as it weakened by an average of 0.3% against the other dozen most actively-traded currencies. Between Christmas Eve and today the Japanese Yen has been the stand out leader largely due...
UK Borrowing Increases leading to a Sterling slump – 23rd December 2015
Could it be the fault of the likes of Netflix and Cadbury, companies reported to have avoided paying tax to the UK Chancellor of the Exchequer, for the increase in UK borrowing? Collecting taxes from such companies would certainly reduce the amount the chancellor is borrowing...
What accountants REALLY want to know about new Xero add on SAT FX Online
December 16, 2015...
All eyes on the Federal Reserve today – 16th December 2015
At 7pm this evening, 80% of investors and economists expect the US Federal Reserve will announce its first interest rate increase since 10th May 2006. Expectations for the rate hike have been fuelled by the Fed chairperson, Janet Yellen, and her colleagues so failure to deliver...