Monday saw Asian stocks showing some improvement and becoming a fraction firmer. The change came after investors started focusing on the upbeat flow of US corporate earnings, just before a host of results, which are due for this week. The …
(Reuters) – World stocks inched up and U.S. bond yields steadied after almost three weeks of gains on Tuesday with Federal Reserve policy setters expected to end six years of aggressive monetary stimulus. The Fed kicks off a two-day meetin…
China’s manufacturing output grew at its fastest pace in more than two years in July, pointing that China’s economy may be stabilizing. The figures for July were promising. According to the National Bureau of Statistics; the official Purch…
Central bank’s head, Janet Yellen, confirms cessation of buying bonds in October after injection of £4.5 trillion over five years The US Federal Reserve has called time on its $4.5 trillion (£2.8tn) quantitative easing programme, introduce…
The European Central Bank took strong measures and dropped interest rates even more when they received growth and inflation rates that were weaker than their expectations. They decreased their deposit rate to -0.20% and interest rate to 0.…
Recently the inflation rate in the United Kingdom has gone up with June seeing an increase in the prices of food and clothes. The consumer price index rose to 1.9% in the month of June from 1.5% in May. The expectation of an increase in th…
The US unemployment rate fell to its lowest level since 2008 on Friday, in a move hailed as a sign of progress by economists despite 9 million people remaining out of work. The Bureau of Labor Statistics (BLS) said that the unemployment ra…
Economists expect Bank of England’s quarterly health check of the UK economy to rubber stamp expectations that interest rates will remain low for longer. Interest rates will remain on hold beyond next year’s general election; the Bank of E…
After the end of the budget consultation on 11th June, the Treasury issued its response on the 21st July on pension shake-up, explaining pension changes, which offer a greater deal of freedom for both pension holders and providers. These p…
Source: http://credence-wealth.com/strong-dollar-squeezes-commodities-boj-puts-onus-on-ecb/ (Reuters) – The U.S. dollar powered to seven-year peaks against the yen on Monday and a two-year high on the euro, a punishing trend for commoditie…
The economic growth of a country comprises of a large number of different factors and a combined effect of all the factors makes the final impact. Similarly, in order to understand the economic growth of United Kingdom, it is important to …
What do active investors do? Active investors believe that markets are “inefficient”. They believe that, at any point in time, there are always some securities that are mis-priced, enabling them to buy or sell making a profit. Professional…
Mario Draghi, the head of ECB calls for more unconventional and growth friendly policies to end eurozone crisis. Within the Eurozone, it has been a long-time since the living standards were at peak. For instance, the living standards were …
We are always on the lookout for top quality professionals that want a long term career in financial services. Whether from Investment banking, Wealth Management or financial planning background if you would like to be with a firm with a c…
According to ‘Visit Britain’, the national tourism agency of Britain; tourists from the Middle East are Britain’s top spending international shoppers. The survey shows that tourists from the Middle East are twice as likely as typical visit…
The United States global tax law; Foreign Account Tax Compliance Act (FATCA), came into effect on 1st July 2014. The FATCA is at last here after a period of 4 years, initially developed in 2010 as an approach to make America’s corporations…
July witnessed an addition of 209,000 jobs by US, showing that the US is on its course of economic recovery The manufacturing and professional business services sector witnessed the biggest job gains. There has also been a slight increase …
Most of our clients are expatriates living in favourable tax jurisdictions, but this will not be the case for all of them forever. Our advisors will always ensure that our clients are in the most favourable tax positions possible when retu…
The UK mortgage approvals did see an increase in June, after four months, but were still 12 percent lower than January highs. The UK mortgage approvals saw a rise in June, after declining from February to May; amid new stricter lending rul…
Acquisition of wealth is one process; management of that wealth is a different story. It is very important to look at all future milestones, prioritize the importance of each event and ensure they are planned for carefully. Different finan…
The trading for the month of August ended on Friday the 29th, witnessing a rise in the global equity markets, reaching their peak in five months, since February. The rise was attributed to the strong U.S. data and German bond yields rising…
Tier 1 (Investor) Visa Portfolio Management The UK Border Agency offers the opportunity to apply for a Tier 1 (Investor) Visa which can lead to British Citizenship for those who want to make a substantial financial investment in the UK. Wh…
About Us Credence was born from a compelling opportunity in the financial services world. In the ever changing dynamic world of financial services, it is important for us to tailor advice and solutions to individual needs. Clients need sol…
The central issue in behavioral financeis explaining why market participants make systematic errors contrary to the assumption of rational market participants. July 17th 2014 - Such errors affect prices and returns, creating market ineffic…
SIPPS (Self InvestedPersonal Pension Scheme) UK pensions can often be built up over a career and may not be structured ideally for their owners. A Self Invested Personal Pension Scheme can be tailored to the owner’s requirements, with more…
