Market Event, Commodities, Forex, General

Central Banks Take Centre Stage As Year End Approaches...

George Walker, Friday, 14 December 2018

Wall Street traded over 1000 points lower than the previous month, putting the 'Santa Rally' - an annual rise across markets in the build up towards Christmas - in doubt. The progression of Brexit discussions between the EU and the UK, as well as the ongoing China-US trade dispute are likely to be key market factors, but what else is worth looking out for this week?

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Forex, General

Will the PM get ousted?

Michael Baker, Wednesday, 12 December 2018

It’s official. After weeks of speculation the chairman of the 1922 Committee, Sir Graham Brady, has announced that the threshold of 15% of the parliamentary party seeking a vote of confidence in the leader of the Conservative Party has been exceeded. A ballot will be held this evening between 6-8pm GMT. All 315 Conservative MPs will vote, with the PM requiring 158 votes to survive.

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Commodities, Indices, Forex, General

Markets Resilient, Oil Slips...

George Walker, Friday, 30 November 2018

The Bank of England’s view is that Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it leaves the European Union in a worst-case Brexit scenario in four months’ time. Taking all this into account, the UK and German signature Indices were little changed with the stand out weekly performance coming from Wall Street.

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Market Event, Forex

Framework Agreed In Principle

Michael Baker, Thursday, 22 November 2018

The pound has jumped today as a draft declaration setting out the framework for future relations between the EU and UK has been agreed on both a negotiator and political level.

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General, Market Event, Forex

‘Brexit’ Reaches Boiling Point

Michael Baker, Friday, 16 November 2018

It’s been 875 days since the EU referendum vote, 596 days since the UK triggered article 50 and there are 134 days left before the UK formally withdraws from the European Union. Recent negotiations suggested an orderly departure for the UK had been agreed, but today was anything but orderly.

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General, Market Event, Forex

Brexit Update: UK plays “review mechanism” card

Michael Baker, Wednesday, 7 November 2018

Talks are entering the pivotal stages, at the October summit which was once deemed critical in agreeing to a deal, it now appears that the November/December extraordinary will go ahead after all. This hasn’t been agreed but going off cable (GBPUSD) it does give you the feeling that traders are preparing themselves for good news.

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