Oil under pressure

Michael Baker, Wednesday, 7 November 2018

Oil has been coming under serious pressure in recent times, losing just over 20% in market value in 4 and half weeks. Over the past few months, oil traders were gearing up for further sanctions to hit Iran, in particular, their ability to export oil. Prices have built up but with waivers being granted to big buyers of Iranian oil it seems production being completely strangled has diminished. Couple this with weaker inventories and a surge in US shale production it seems there’s a lot more supply than previously thought.

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Market Event, Forex

Brexit: The Can Kicked Further Down The Road

Michael Baker, Thursday, 18 October 2018

What was initially seen as the make or break summit has now been labelled nothing more than a damp squib. Expecting some further market volatility after last week’s equity sell-off was maybe asking for a little too much. Brexit takes centre stage at the 2-day summit which began today but both parties have dampened hopes of ratifying a deal with the likelihood that talks will continue in hope of reaching an agreement in the coming months.

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General, Market Event

Brexit: Key Dates

Michael Baker, Wednesday, 10 October 2018

Since the original vote back on the 23rd June 2016, it has been a fairly rocky road for negotiations, and as always inevitable, time is running out to get arrangements in place.

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Forex, General, Commodities

Reaching a Brexit deal – how will the markets react?

Michael Baker, Monday, 8 October 2018

Market chatter tends to be on the possibility of a no deal and then all hell breaks loose, but what happens if we get a deal?

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Market Event, General

Brexit: How a no deal affects sterling

Michael Baker, Monday, 8 October 2018

There are now only a few opportunities for a deal to be reached between the EU and the United Kingdom, with recent attempts revealing both parties are at an impasse.

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General, Forex

The Week Ahead & Economic Calendar

David Papier, Thursday, 27 September 2018

Compared to the excitement of last week’s FOMC rate hike and Euro Zone inflation, the beginning of the week may seem a bit uneventful. However...

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