• UK Headed To The Polls On December 12th

    MP’s Back “Brexmas” Elections The ongoing Brexit saga has taken yet another twist this week, once again adding confusion for traders. Following the EU’s announcement that it has approved the UK’s request to extend Brexit until January 31st, UK parliament last night voted in favour of holding a general election on December 12th. PM Johnson […]

  • Brexit To Be Delayed As UK PM Defeated Again

    UK Waiting On EU Decision Boris Johnson’s final attempt at pushing his Brexit deal through parliament resulted in failure yesterday evening as once again, MPs failed to support the move. Following his initial parliamentary defeat over the weekend, Johnson had still been adamant that he would push on with a no-deal Brexit regardless, saying previously […]

  • GBP Higher On Expectations of Brexit Delay

    EU Considering Brexit Extension Request If you are feeling confused by Brexit, you are not alone. As the October 31st deadline approaches, the UK is currently without a Brexit deal and consequently, the Prime Minister has requested an extension to Article 50. Last week, markets were watching hopefully as the UK agreed the terms of […]

  • Traders Nervous Ahead of Parliament Brexit Vote

    EU Backs PM’s Deal Three years and two Prime Ministers after the UK electorate narrowly voted in favour of leaving the European Union, the UK government is now on the verge of finally agreeing a Brexit deal. The Brexit deal offered to the EU by Boris Johnson this week was officially approved by EU leaders […]

  • Pound Jumps on UK-EU Brexit Deal

    Taking to Twitter this morning, in a move which echoes that of Trump, the UK PM wrote “We’ve got a great new deal that takes back control — now Parliament should get Brexit done on Saturday so we can move on to other priorities like the cost of living, the NHS, violent crime and our […]

  • EU To Decide On Brexit Deal Tomorrow

    Midnight Deadline For Brexit Deal Today marks an important day for Brexit negotiations. The EU has given the UK a midnight deadline for agreeing a deal ahead of the EU summit which begins tomorrow. The plan is, if the UK and EU can agree an acceptable deal, the EU will then officially approve the deal […]

  • Brexit Update: Potential EU Backstop Concession

    Brexit Deal In Doubt Developments within the ongoing Brexit negotiations this week have cast further doubt over the likelihood that UK Prime Minister Boris Johnson will be able to agree a Brexit deal with the EU. The PM offered a set of amended terms to the EU last week, hoping for his new deal to […]

  • Johnson Adresses Parliament WIth New Brexit Plan

    Johnson Urges Unity Over New Brexit Plan Following his submission to EU leaders this week, UK PM Boris Johnson addressed parliament yesterday to lay out his amended Brexit plan. The PM urged politicians across the political divide to “come together in national interest” and back his deal so that the government can move on to […]

  • July ECB Minutes Boost September Easing Calls

    ECB Minutes Highlight Dovish Risks The release of the ECB July meeting minutes has increased expectations that the central bank will announce fresh easing measures when it meets next in September. The minutes revealed that policymakers’ discussions around the outlook for growth and inflation in the eurozone had become more pessimistic. Regarding growth, the minute […]

  • Investment Bank Outlook 19-08-19

    In our fourth installment of the Investment Bank Outlook 08-19-19, 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 […]

  • 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 […]

  • Brexit: Will EU Back Down Over Irish Backstop Issue?

    Trick or Treat? With the October 31st Brexit deadline looming larger on the horizon each day, the likelihood of a no deal Brexit is starting to ratchet up. New UK Prime Minister Boris Johnson has vowed to “do or die” taking the UK out of the EU on the deadline date under “any circumstances”. While […]

  • Does EIA data put pressure on the Oil?

    WTI and Brent futures declined in the last Asian session and then further receded to the opening levels as traders stand pat ahead of EIA commercial reserves data.

  • What direction is the Pound heading?

    Britain has almost reached an agreement with the European Union and the he parties are almost ready to move to the final stage of the talks.

  • Bulls are not happy about the tax reforms

    The House of Representatives and the Republicans have to “verify” their versions of the tax reform and the market believes that this will not cause problems. A large part of the tax reductions attributed to corporations are deferred until 2019, so investors are increasingly skeptical about the stimulating effect of the reform.