# Brexit

#Brexit

Withdrawal of the United Kingdom from the European Union, often shortened to Brexit is a political aim of some advocacy groups, individuals and political parties in the United Kingdom.

British Pound

Investors dump risky assets in favor of treasuries, Pound on the radar

Asian equity markets fell across the board on Wednesday, following a negative lead from the U.S. on earnings disappointment and lower commodity prices despite a weaker U.S. dollar. The geopolitical tensions concerning...
Great British Pound

Sterling holds gains at six-month highs; aussie underperforms

Sterling held on to gains made after surging to its highest level in more than six months on Tuesday in reaction to an announcement by UK Prime Minister Theresa May who...
British Pound US Dollar

GBP: More Short Covering On UK Snap Election To Bring 1.3445 In Focus

NAB FX Strategy Research notes that the GBP has stages a significant rally in reaction to UK Prime Minister Theresa May's calling for a snap General Election on June 8th 2017. In...
UK

Snap UK poll lights a fire under the pound

European stock markets had a disappointing day yesterday, sliding across the board with the FTSE100 leading the way. While the rebound in the pound certainly didn’t help the FTSE’s cause, the...
Theresa May

MPs set to approve May’s June 8 election plan

The British parliament was expected on Wednesday to formally approve Prime Minister Theresa May's plan to hold an early election on June 8 she hopes will deliver a stronger personal mandate...
British Pound

Sterling looking snappy on Snap election

The kneejerk positive reaction in the British pound to the snap election aligns with our view Sterling has seen its worst. The British pound dropped on news a of a surprise...
Great British Pound

Brexit Briefing: British Pound Soars As Theresa May Announces Early Election

The British Pound reversed its gains then recovered and hit fresh highs Tuesday after Prime Minister Theresa May unexpectedly announced a snap election to be held on June 8. Speaking in Downing...
Theresa May

May calls for early election to strengthen Brexit hand

British Prime Minister Theresa May called on Tuesday for an early election on June 8, saying she needed to strengthen her hand in divorce talks with the European Union by shoring...
Euro Vs Poud

Time to short EURGBP?

Is it time to short the euro against the pound? While sterling has been on the defensive since the EU Referendum nine months ago, there may be signs that UK currency...
British Pound US Dollar

British Pound Steady as Brexit-Inspired Selloff Fizzles

The British Pound corrected gently higher in Asian trade following yesterday’s losses. The currency fell as the UK government invoked Article 50 of the Treaty of Lisbon, formally launching the Brexit...
Brexit

Dollar broadly stronger on positive Fed rate hike outlook; pound steady after Article 50...

The dollar index rose on the positive outlook for US interest rates while the euro remained under pressure on ECB-related headlines. Sterling was stable after a big dip earlier in the...
Theresa May

GBP: Start Of A ‘Grace Period’; Buy Dips

TD Research notes that GBP has seen more two-ways action into today's official kickstarting of the perceived two-year negotiating window on Britain's exit from the EU. However, TD adds that barring some kneejerk moves...
Brexit

Article 50 is fine but the EU wants a bad deal

Dollar expectations skew GBPUSD The British pound fell back sharply against the US dollar in hours before Prime Minister Theresa May triggered Article 50 to officially leave the EU. The trouble with...
British Pound

The post-Brexit pound, Bears vs Bulls

Wednesday marked the official countdown of UK’s divorce from the EU, ending a 44-year relationship with its neighbours. The end of this relationship is of course painful, but many agree that this...
UK

Brexit-day. Focus on UK assets and the pound

The Article 50 is triggered; the UK has officially sent its demand to leave the European Union. PM Theresa May will speak at the Parliament by the mid-day in London and is...
Theresa May

May to fire starting gun on Brexit

Prime Minister Theresa May will file formal Brexit divorce papers on Wednesday, pitching the United Kingdom into the unknown and triggering years of uncertain negotiations that will test the endurance of...
Euro Dollar

Brexit Fears and Technical Weakness Could Spell Losses For the EUR

The Euro’s recent upswing seems to be coming to an end which could go some way in explaining yesterday’s rather torrid reaction to the broader market trend. Indeed, fundamentals aside, the...
Brexit

Sterling weakens as UK starts Brexit process, dollar jumps on Fed rhetoric

The pound was one of the worst performing major currencies during forex trading in Asia today, as the UK is set to trigger Article 50. The dollar was broadly stronger after...
Brexit

Will The Brexit Push The Sterling To 1.10 OR 1.30?

Theresa May has signed Article 50 and the letter will be delivered to Mr Donald Tusk who will have 48 hours to respond. The day has finally arrived when Theresa May, the...
Great British Pound

Sterling hit by Brexit reality

The Brexit jitters were revived on Tuesday evening with Sterling stumbling into steep losses after British Prime Minister Theresa May signed a letter notifying the EU of Britain’s plan to depart...
Brexit

Europe prepares for Article 50

A rebound in oil prices along with a bumper US consumer confidence number helped consolidate yesterday’s rebound in stock markets as they moved further away from their lows of this week. The...
Theresa May

UK political worries to cap GBP, FTSE

The United Kingdom is under the spotlight, as the country prepares to start the Brexit process on Wednesday, March 29th. As such, the Brexit shenanigans keep the headlines busy, the latest being...
British Pound

Dollar stabilizes after drop to 4-month low against yen; pound in focus ahead of...

The dollar stabilized today after sliding to a four-month low against the yen in reaction to news of the setback on healthcare reform. Investors have now shifted their attention to US...
Theresa May

Trump’s Setback Pulls Markets Lower, Theresa May Under Focus

The dollar weakens as Trump faces another setback which has pulled the investor sentiment lower while Theresa May comes under the spotlight as she files for Brexit We often hear the term,...
Deutsche Bank

Deutsche Bank signs up new London headquarters in show of faith in Brexit Britain

Deutsche Bank has chosen a new office for its London headquarters, signalling a vote of confidence in Britain's capital despite the country's decision to leave the European Union. The German lender has entered...
Donald Trump

Fed Speeches and Health Care Prominent

Sterling and FTSE relation reversing before Theresa May triggers the article 50. The Fed speeches and the US health care bill going to bring more volatility for the market. Today will be...
Bank of England

UK inflation: Is the Bank of England really close to raising interest rates?

The British government has confirmed it will trigger Article 50 to begin exiting the European Union on March 29th. Despite rocking a touch on the news, sterling got off to a pretty...
Theresa May

May to launch EU divorce proceedings on March 29

Prime Minister Theresa May will trigger Britain's divorce proceedings with the European Union on March 29, launching two years of negotiations that will reshape the future of the country and Europe. May's...
Theresa May

Dollar Weakness Continues, Theresa May On Tour To Unite Country

Traders are paying more attentions towards the dollar as the Fed will gain more attention once again this week. Theresa May will start her tour around the country in a bid...
London Brexit

Fed talks and Brexit headlines on the radar the week ahead

The Fed hiked, the dollar tumbled, equities received a boost, and the yellow metal shined. This isn’t a price action one would expect when the central bank of the largest economy raises...

LATEST

ECB to Reduce QE- Euro Vulnerable to Dovish Draghi

Mario Draghi
The European Central Bank (ECB) is widely expected to retain the zero-interest rate policy (ZIRP) as it...

EUR: Trading The ECB – Views From Major Banks

Mario Draghi
The following are brief expectations for the ECB April meeting statement as compiled from the related research reports of 7 major...

Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief

Canadian Dollar
The dollar only held its gains against the Japanese yen on Thursday after U.S. President Donald Trump's...

French stocks hit nine-month high as earnings power European shares

DAX
French blue chips hit a fresh 9-year high on Wednesday, helped by a surge in the shares...

Gold lower despite Trump tax plan worries

Gold
Precious metals traded in the red on Thursday with gold edging down, mostly led by decreasing global...
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