Brexit

There was quite a bit of fanfare around the signing of what is now called the "Windsor Protocol". The agreement between the EU and the UK was supposed to put an end to the Northern Ireland Protocol that had dogged the Brexit procedure for…
Read More

With Covid no longer taking up international relations, the Northern Ireland Protocol was back creating tension between London and Brussels. But, over the weekend, a proposal was quietly put forward by EU representative Sefcovic that could…
Read More

GBPUSD struggles to bounce Sterling weakens as the UK’s cabinet crisis threatens Boris Johnson’s premiership. A fall below June’s lows and the psychological level of 1.2000 suggests that there is more to the downside. The RSI’s repeated…
Read More

Today, the pound was trading at 2-year lows against the dollar. It follows the surprise resignation of the Chancellor, Rishi Sunak, late yesterday, provoking a significant Cabinet reshuffle. The new Chancellor is former Secretary for…
Read More

In early March, the FTSE 100 reached a post-pandemic high, practically recovering all of the losses from the prior two years. This was something of a milestone for the index, which had been underperforming since the start of Brexit. But,…
Read More

Over the weekend, we had the somewhat shocking news that the chief Brexit for the UK, Lord David Frost, had tendered his resignation, effective immediately. Naturally, that set off alarm bells that something might be wrong with the UK-EU…
Read More