NW Business and Finance

We have a daily news feed on business, finance & gold, as well as in-depth articles by businesses based in the North West of the UK, on business & finance topics. We'd love to hear from you if you have a business based in the North-West, so please get in touch and we'll feature you!

Inventory Decline Triggered Rebound in Crude Oil Prices + MORE

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Crude oil reversed losses after US market closed as API data showed that US inventory fell more than expected. Both benchmark contracts hovered above US$50/bbl in Asia Wednesday. Market sentiment today, as well as in the US session Tuesday, was relatively upbeat as more EU referendum polls showed that support for the “remain” camp outweighed that for the “leave” camp…

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What the leave vote means for gold going forward
Introduction
In the Referendum of the United Kingdom’s membership of the European Union, 52% voted for leave, causing shockwaves through financial markets and a rally in gold. Using our gold price framework, we look at the impact on the price drivers for gold going forward…

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This week, clients have been net selling gold and silver whilst net buying platinum and palladium.
Clients have been speculating on the market conditions ahead of the Brexit referendum. There has been increase in client buying activity this afternoon especially as we draw closer to the releasing of the results…

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The collective decision of the British electorate is to reject the recommendation of its government, excepting those of its few dissenting ministers, that Britain should remain in Europe.
It is a signal failure of government policy. Above all, it is a failure that undermines the state’s control over ordinary people…

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Goldmoney Presents The Keisers Live on Stage
Max Keiser and Stacy Herbert, hosts of the Keiser Report, joined Goldmoney CEO Roy Sebag and chief strategy officer Josh Crumb for a lively discussion about gold ownership, banking, Bitcoin, and monetary choice. Recorded live at the Isabel Bader Theatre in Toronto, Canada…

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Investors were cautious ahead of the EU referendum on June 23. Wall Street slipped with DJIA and S&P 500 indices losing -0.27% and -0.17% respectively. European shares remained firmed with the Stoxx600 index rising for a 4th straight day, up +0.38%, while UK’s FTSE adding +0.56%. Markets in Asia Pacific were mixed…

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Brexit Materializes…

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With 99% of votes counted, it is almost certain that Britain decides to leave EU. Financial markets slumped as uncertainty after Brexit dampened sentiment. British pound got dumped with GBPUSD plunging -10% and EURGBP jumping +7.49% at the time of writing this article. EURUSD also fell -3.21%.

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Vancouver, BC, Canada –June 23, 2016 — Miranda Gold Corp. (‘Miranda’) (TSX-V: MAD) has closed a non-brokered private placement with aggregate gross proceeds of $2,622,650 from the sale of 29,140,555 units at a price of $0.09 per unit (a ‘Unit’). Each Unit comprised one common share and one non-transferable common share purchase warrant (a ‘Warrant’)…

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