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Afternoon Coffee: The Pound Plunges, and Oil Surges

Business & Finance : Spend Matters

Categories: Afternoon Coffee Tags: General News The pound plunged Monday, hitting its lowest level against the dollar in almost seven years following concerns that Brexit might become a reality. The British currency fell as much as ...

UK UNEMPLOYMENT RATE PLUNGES — And The Pound Is Surging

Business & Finance : Business Insider: Clusterstock

The UK unemployment rate just plunged. It fell from 7.4% to 7.1%. It was only expected to fall to 7.3%. The pound is surging on the news, as traders wonder whether the BOE will be pressured to begin the tightening cycle. This is not...

A Look Inside The Pound Flash Crash: What Really Happened In Those 30 Seconds

Business & Finance : Zero Hedge

At just after 7 minutes after hour, whether 7pm on the east coast, midnight GMT or early Friday morning in Asian trading, pound sterling plunged by more than 6%, in the span of 2 minutes although the bulk of the plunge took place in...

Corporate raiders seek Brexit bargains

Business & Finance : Business Report

Overseas buyers lured by a plunge in the pound are looking to snare British companies on the cheap. ||| London - Overseas buyers lured by a plunge in the pound are looking to snare British companies on the cheap, ensuring a steady f...

Rolls Royce Plunges On Bombshell Profit Warning, Dividend Review; Faces "Near Death Experience"

Business & Finance : Zero Hedge

You’d think that with balance sheets full of cash, record high stock prices, and a record low cost of capital, corporate management teams and their newly-minted billionaire executives could afford to splurge on a private jet or two,...

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