Brexit Negotiations

1 Year Left To Brexit Brexit negotiations have dominated the UK’s economic landscape over the last two years, beginning with the initial referendum in 2016 and then the triggering of exit talks last year. However, with only a year to go until the UK is set to officially depart from the EU, focus on the issue is growing further and talks are ent...

2018-04-03 James Harte Read more
Sterling

Brexit Volatility Continues GBPUSD has started the week under heavy selling pressure, as the latest political developments have seen Therese May’s Brexit negotiations sabotaged by members of her own government. Last week, traders were responding positively to news that the UK government was prepared to pay around £55 billion under the terms of ...

2018-01-25 James Harte Read more
Eurozone_Flash_PMI_3101

Summary: Eurozone flash GDP estimates show economic activity expanded 0.6% on the quarter in Q3 2017 Second quarter GDP was revised higher to 0.7% from 0.6% Inflation weakened in October as flash inflation data showed core CPI rising 0.9% and headline CPI rising 1.4% December ECB meeting will see release of the economic projectio...

2018-01-25 John Benjamin Read more
BOE GBP

Rates Unchanged But Hawkish Signals Support GBP GBP soared to fresh 2017 highs against the US Dollar today as the latest Bank of England meeting marked a further hawkish shift. Although the MPC voted 7 – 2 to keep rates on hold, there were clear indications that the bank is getting ready to raise rates. The minutes of the meeting, released alo...

2017-10-22 James Harte Read more

Parliament Approve Bill in First Vote The UK government this week moved one step closer to pursuing its mandate to withdraw the UK from the EU after the House of Commons approved PM May’s EU Repeal Bill in the first round of parliamentary voting. Receiving a majority of 32 votes, the Repeal Bill will now have to pass parliamentary scrutiny befo...

2017-09-12 James Harte Read more
voting - german election

A former research scientist with a doctorate in physical chemistry, who, reportedly, enjoys making plum pies and used to stay away from politics, is now one of the most powerful women in the world. Angela Merkel, or as Germans call her “Mutti,” mother in German, is now heading all the way to the 4th term as a Chancellor of the Eurozone economic ...

2017-10-03 Kira Vessiari Read more
Pound Dollar

Why is sterling suddenly hitting 4-week highs against the US dollar, dragging euro to 3-week lows and even pushing up against the yen? Emerging opposition from the UK Labour Party seeking to have a smoother Brexit is helping the pound. Labour is attempting to garner support from its own party as well as a number of Conservatives to its side to ...

2017-09-07 Ashraf Laidi Read more

Political Risks Remain Elevated The last 12 months have been a constant source of political event-risk with Brexit, the US elections, and European elections all causing elevated volatility at times. Heading into the final third of 2017 this trend shows no signs of slowing down as the market prepares for German and Italian elections. However, th...

2017-08-22 James Harte Read more
FTSE, Indices

In the past few hours, global equities saw tough sessions, whether in Europe, Asia, or the US. Most of the indices saw a decline of not less than 1%, while fear index spiked significantly. Who can we blame in yesterday’s declines? The answer is simple - world’s central bank governors. Many of the central bankers indicated earlier this week that...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Greece_grexit_ECB_3105

It looks like we are going to have a hot summer ahead, as we are very close to some key events in Europe, including Greece, Italy, and the UK. However, the Greek Drama is back on the table once again, and it's likely to overshadow the rest of the political and economic happenings in all over Europe. The old headline is back to the front pages ...

2017-07-26 Nour Eldeen Al-Hammoury Read more