Sky News Business Editor Ticky Fullerton says the jump in the British pound immediately after polls closed for the United Kingdom election today reflects a “new confidence” in Britain.
Legendary hedge fund guru George Soros has made some intriguing chip stock moves in the second quarter. He swapped out Micron (NASDAQ:MU) for rapidly-rising chip stock Advanced Micro Devices (NYSE:AMD) – despite Micron’s robust chorus of Street supporters. Not that Soros can’t afford to take a risk. The 88-year old Hungarian-American has a personal value […]
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.