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Home » Archive

Articles Archive for November 2016

article 50, Brexit, French News »

Brexit countdown gets a twist
[4 Nov 2016 | No Comment | ]

Yesterday a High Court ruling confirmed that only the parliament and not the government has the power to trigger Article 50 and therefore a parliamentary vote will be required before Article 50 is activated. The UK government will appeal the verdict and it will now go to the Supreme Court in December for review.
If upheld in December, this would lean towards of softer Brexit as the majority of parliament have a pro-EU stance. The second impact is that it will very likely delay the triggering of Article 50 due to …

article 50, Currencies, French News, sterling »

French Mortgages and the Fall in the Value of Sterling
[3 Nov 2016 | No Comment | ]

With the pound falling 16% against the euro since the Brexit referendum result, many potential buyers of French property are understandably reluctant/hesitant to crystallise the loss in the value of the pound when committing sterling to finance their house purchase in France.

article 50, Brexit, French News »

Pound strengthens thanks to
High Court decision on Article 50
[3 Nov 2016 | No Comment | ]

The pound has strengthened after the announcement of a High Court decision, which ruled Parliament, and not the UK Government, must hold a constitutional vote to decide as to whether to trigger Article 50 of the Lisbon Treaty.

Currencies, French News »

US election causes nerves for investors
[2 Nov 2016 | No Comment | ]

In a week’s time, we’ll find out who the next US president will be, and understandably politics is clearly overshadowing economics at the moment.
The latest poll from ABC News/Washington Post showed Hillary Clinton and Donald Trump neck and neck, with Donald Trump leading by a single percentage point, at 46% to 45% – Trump’s first lead in the polls since May.
The growing possibility of a Trump presidency has made investors nervous, selling stocks and the US dollar as a result. With markets starting to panic about next week’s election, nobody …

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