• Can MPs Block A No Deal Brexit?

    As the October 31st Brexit deadline draws closer, Johnson’s threat to take the UK out of the EU without or with a deal is growing ever scarier. However, it seems that if Johnson wishes to proceed with a no deal Brexit, he could well have a fight on his hands. But, can MPs block a […]

  • The Crude Oil Chronicles – Episode 1

    Welcome to our first installment of the Crude Oil Chronicles – a weekly comprehensive look into global oil inventories and prices! US Crude Stores Fall Again While focus over the last few months has been on concerns regarding the demand outlook for oil, recent industry reports have started to paint a different picture. The latest […]

  • The Crude Oil Chronicles – Episode 2

    The latest EIA report, released yesterday, was particularly disappointing for US crude bulls. On the back of seven consecutive weeks of inventory drawdowns and following a report earlier in the week from the API, which suggested an 8th consecutive week, the EIA reported a surplus in its latest report. The Energy Information Administration report, covering […]

  • Investment Bank Outlook 08-05-19

    In our second installment of the Investment Bank Outlook 08-05-19 we’re going to bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any […]

  • The IndeX Files 06-08-19

    We’re back again with the next episode of the The IndeX Files 06-08-19! Trade War Concerns Explode It’s been a volatile time for the equities market over recent sessions. The market was rocked late last week by President Trump’s announcement of fresh tariffs on Chinese goods. US and Chinese delegates had been meeting in Shanghai to […]

  • The Crude Chronicles – Episode 4

    Hello there. Welcome to another episode of the Crude Chronicles series. It’s been another volatile week for crude oil prices which have seen a sharp drop despite the latest inventories data showing a drawdown. The latest report from the Energy Information Administration for the week ending Sept 6th showed that US crude stores declined by […]

  • GBPUSD Rallies As No-Deal Risks Fade

    Parliament Backs Article 50 Extension Over three years on from the infamous referendum which kicked things off, the Brexit roller-coaster has taken another wild turn this week as the Benn Bill became law, pushing GBPUSD higher.  Following Johnson announcing that he was proroguing parliament, those MPS opposed to a no-deal Brexit were able to take […]

  • German Ifo Falls For 11th Consecutive Month

    It has been another poor showing for German data this week as both the German IfO readings released on Monday and Q2 GDP released on Tuesday have highlighted further weakness in the second largest economy in the eurozone. German Ifo Falls Again The Ifo reading on Monday showed an eleventh consecutive monthly drop over August […]

  • Equities Surge on China’s Trade Comments

    Risk sentiment received a boost late in the week in response to a surprise announcement from China regarding the ongoing trade war between itself and the US. Gao Feng, a spokesman from the Chinese Ministry of Commerce told reporters “We firmly reject an escalation of the trade war, and are willing to negotiate and collaborate […]

  • EURGBP Hits Highest Levels in 10 Years on Brexit Fears

    GBP Down Despite Data Beats It’s been an interesting week for the GBP as we’ve had a raft of data out, the majority of which surprised to the upside! However, price action has remained stubbornly muted. So, on Tuesday we had labour market data out of the UK, which saw average weekly earnings ticking up […]

  • ECB Easing to Weigh on EURAUD

    AUD price action has been highly subdued over recent months given the deterioration in trade relations between the US and China. Following the announcement from Trump that he would be placing a fresh 10% tariff on a further $300 billion of Chinese goods as of September 1st, China responded by devaluing the Yuan, which sent […]

  • Gold Crashes on Trade Tariff Delay Announcement

    Fresh Trade Announcement We saw another period of volatility in the markets yesterday as traders reacted to news of a change in US trade policy. Following Trump’s recent announcement of a fresh set of 10% trade tariffs due to be applied to a further $300 billion of Chinese goods, starting September 1st, US Trade Representative […]

  • Is Germany on the Brink of Recession?

    The latest set of economic data out of Germany has compounded fears that the second largest economy in the eurozone is on the brink of a recession. On Tuesday, German ZEW Survey Current Situation and Expectations both came in below expectations at -13.5 and -44.1 respectively. These readings have been trending lower over the year […]

  • The IndeX Files 27-08-19

    Trump V China Its been an interesting start to the week for equities. Despite the quiet summer trading conditions, developments at the G7 meetings over the weekend, concluding yesterday, have yielded important outcomes. On Friday, markets were shunted lower as China announced that it will proceed with tariffs of as much as 10% on $75 […]

  • Markets Hopeful As US China Trade Talks Resume

    Traders have been given cause for fresh optimism this week, regarding a potential end to the trade war as the latest round of negotiations begin. A team of US delegates, led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, arrived in Shanghai yesterday. The group met with its Chinese counterparts, led by […]