• Wednesday, May 27, 2015 - 06:49


    By Will Wilkes

    LONDON (MNI) - The UK will hold an in/out referendum on its membership of the European Union before the end of 2017.

    In her speech at the opening of parliament setting out the government's legislative programme for 2015-2020, the Queen said that the in/out vote will take place before the end of 2017. There has been speculation the vote could take place early in 2016 but the wording she used leaves the precise timing open.

    Opinion polls - which proved very inaccurate as regards the result of the recent election - suggest Britons would opt to remain in the EU. However, those same polls show support for continued membership would fade away if Cameron is unable to renegotiate the terms of British membership.

  • Wednesday, May 27, 2015 - 06:44


    By Will Wilkes

    LONDON (MNI) - The UK will hold an in/out referendum on its membership of the European Union before the end of 2017.

    In her speech at the opening of parliament setting out the government's legislative programme, the Queen said that the in/out vote will take place before the end of 2017. There has been speculation the vote could take place early in 2016 but the wording she used leaves the precise timing open.

    Opinion polls - which proved very inaccurate as regards the result of the recent election - suggest Britons would opt to remain in the EU. However, those same polls show support for continued membership would fade away if Cameron is unable to renegotiate the terms of British membership.

  • Tuesday, May 26, 2015 - 00:05


    SINGAPORE - It's a relatively subdued day in terms of data releases in the UK and continental Europe today, as many markets there and in the US re-open after Monday's holidays.

    ECB Governing Council member Christian Noyer is due to speak in Paris this morning, at 0800 GMT (0400 ET).

    The in the UK, the May CBI Qtr distributive trades are due at 1100 GMT (0700 ET).

    Over to the US then, with April durable goods orders scheduled at 1230 GMT (0830 ET). Durable goods orders are expected to fall 0.2% in April, with a larger reversal in transportation orders the key factor. Boeing reported 37 total aircraft orders in April, down slightly from 39 orders in March. Orders excluding transportation are seen posting a modest increase in April.