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Euro to decline as IMF slashes growth outlook
There was hardly any kind of impact on the EUR/RUB currency pair, so far, following the Britain’s exit from the EU. While the market was expecting the currency pair to remain bullish or at least range bound, the recent developments
Read MoreBoE Warns of Instability As It Eases Lending Regulations
UK’s central bank, the Bank of England has said that the Brexit vote has resulted in significant risks to the country’s financial stability. The bank made this statement as it moved forward on its proposal to release £150 billion towards
Read MoreWorthington’s Q4 EPS double on YoY basis, tops estimates
Last week, diversified metals manufacturing company Worthington Industries, Inc. (WOR) rose to prominence when the company reported its fiscal 2016 fourth-quarter results that exceeded the Wall Street expectations. The share price of Worthington closed at $41.79 on Tuesday. For the
Read MorePound remains bearish as BoE hints more easing measures
The tremendous downward pressure created by the result of the Brexit referendum saw the Pound crashing to three decade low of 1.3120, from a high of 1.5017 recorded on June 24th . While the market was expecting a commendable relief
Read MoreUK Bank Branch Closures Affecting Lending for Small Companies
Banking institutions have been forced to close numerous branches across the country over the past three years which according to recent research has resulted in a significant reduction in the lending available to small businesses in these affected areas. Britain's
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