Shyam Devani of Citi says investors should wait for more clarity on Brexit before trading the British pound. For now, he is “absolutely neutral” on sterling, he says.
Austrian Chancellor Karl Nehammer has proposed that the country enshrines the use of cash in its constitution, to ease fears that a citizen’s right to use paper money and coins will disappear. According to a three-point plan issued on Thursday, the right to cash would be protected in the constitution, while the national bank would…
[unable to retrieve full-text content]