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Some German companies are making big deals today and German stocks prices are expected to rise as a result.

Conglomerate said that it’s going to buy an American company that makes oil equipment for 7.6 billion dollars. This should help greatly in their gas and oil business in North America.

Another big move today is the separation of Bosch and Siemens. Siemens announced that it’s going to sell their 50% share of the company to Bosch for 3 billion euros.

Today is probably a good day to invest in the German market.

 

 

After today’s big vote for Scotland’s independence, here’s a summary of the pound changes (up until now) compared to the dollar, euro and yen:

 

  • GBP:EUR - 1.2731

Change Today: +0.0048 

 

  • GBP:USD - 1.6395

Change Today: 0.0000

 

  • GBP:JPY - 178.4958

Change Today: +0.2959

 

 

 

After a lot of tension in Scotland in the last few days, the results of the vote are finally here. Scotland voted not to separate from the U.K and will stay under their control. The vote ended with 55% voting “No” and 45% voting “Yes”.

As a result of the vote, the pound rose sharply like many expected it to, making a lot of profit for the people who were able to predict it ahead of time.

In addition, this also pushed the dollar to a six year high against the yen, since the pound also rose against the yen.

 

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