# 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.

UK

Brexit Watch: Deadlock Continues as Attention Shifts to Theresa May

With European Union (EU) ministers struggling to make headway over Brexit, British Prime Minister Theresa May will attempt to put negotiations back on track Monday as talks resume in Brussels. The British...
Great British Pound Currency

Dollar holds weak amid fresh threats from North Korean peninsula; pound strengthens ahead of...

On Monday, the dollar could not recover from Friday’s losses as North Korean tensions came back to the spotlight and as liquidity was limited during the session with South Korea, Japan, and China...
UK

Brexit Update: Theresa May Seeks Two-Year Brexit Transition Period

In a highly anticipated speech, Theresa May told a gathering in Florence, Italy on Friday that the United Kingdom needs a two-year transition period before finalising Brexit. Under the new timetable,...

US Futures Reacting to a Relief Rally, Gold Lower & Dollar Higher, UK To...

Topics Damages caused by Hurricane Irma are still colossal The dollar index has bounced back up from its two years lows Oil traders are also paying attention to the comment of...
UK

Brexit Briefing: Sterling May Suffer From ’Car Crash’ Talks

The press conference after the latest round of Brexit talks was bitter, with no signs of compromise. That could damage the Pound short-term, but longer-term it could benefit if EU countries take...
Great British Pound Currency

Pound steady on EU customs deal, slides on inflation

Has inflation peaked?  “The expected pickup didn’t happen. Inflation remains cooler and the pound dipped as investors had expected a rebound in July following the surprise drop in June. Inflation fell from...
Theresa May

Back to school for May, Brexit and pound volatility

It’s likely to be a busy week for the pound as there are a number of important releases and the politicians return from summer holidays. Brexit Back to school: Theresa May is back...
UK

Brexit Update: New Tory Minister Affirms ‘Hard Brexit’

New Tory Minister Affirms ‘Hard Brexit’ Amid Waning Support Talks of avoiding a hard Brexit are a fatal show of weakness for the United Kingdom, according to new Conservative minister Steve Baker,...
London Brexit

UK Loses First Round In Brexit Negotiations

Brexit Negotiations: Day 1 Recap It was said that Brexit negotiations were not about “punishment” or “revenge”, but the talks between Chief European Union (EU) negotiator Michael Barnier and the UK’s Brexit...
Great British Pound Currency

Pound steady as Brexit talks commence

GBPUSD continues to hold a little way above seven-month lows but looks susceptible to any drop in sentiment as tense and tough negotiations over Brexit commence yesterday (June 19th). Sterling traded above...
UK

Brexit Negotiations Begin! Could the Timing be Any Worse?

Welcome to day one of 730 Brexit negotiations begin after nearly a whole year of speculation and build up. Yesterday at 11 a.m. BST in Brussels the door to the negotiation table...
US Stock Market

Searching for a spark: Dealers suffering a mild case of Central Bank fatigue

The market has been searching for a spark this morning. No doubt dealers are suffering a mild case of  Central Bank fatigue as the market remains in flux digesting last week’s...
Canadian Dollar

Loonie BoC Comments Favors CAD

Tuesday June 13: Five things the markets are talking about Overnight, equities have advanced as the global selloff in technology shares showed signs of easing, while sterling has found some support as...
Theresa May

Sterling steady after UK election tumble; euro up after French parliamentary elections

Sterling has stabilized after Friday’s big tumble against the dollar following the shock UK election result that brought about political uncertainty. Prime Minister Theresa May was left with a minority government...
Emmanuel Macron

As May clings on, Macron ‘En Marches’ on

Having had the weekend to absorb the events of last week, the only questions being asked are how long Prime Minister May can last, and whether next week’s Brexit talks will start...
London Stock Exchange FTSE

Sterling dives, FTSE thrives after UK election shock

Sterling tumbled as much as 2.5 percent on Friday, while the FTSE share index opened higher, after British voters denied any party a majority of seats in parliament, plunging the country...
Great British Pound Currency

Sterling plunges on political uncertainty after inconclusive UK election result; dollar steady after Comey...

Sterling plunged on political uncertainty after an inconclusive result in the UK general elections that took place on Thursday, with no single party having a clear claim to power. The dollar...
UK

Hung Parliament is the Result of the UK General Election

May Day, May Day, Theresa May’s gamble backfires as hung parliament is confirmed. Theresa May’s gamble of calling a snap general election to strengthen her position in Brexit negotiations has backfired, with...
City of London

Continental drift – Investors embrace Europe, ex-UK

Global investors are distinguishing between the UK and the rest of Europe as part of a fundamental reassessment of what investing in the region means, reflecting growing enthusiasm for Europe's broad...
London Stock Exchange FTSE

Gold up, FTSE down on strong pound

The FTSE 100 opened downbeat on stronger pound. Mining and energy stocks opened flat to positive, although the Qatar isolation and cheaper oil prices keep investors tense and gains fragile. Gold miners...
Great British Pound Currency

Sterling pressured ahead of UK retail sales

The main event risk for Sterling on Thursday will be April’s UK retail sales report which will be vital in providing some insight over the behaviour of consumers amid Brexit developments. With...
London Stock Exchange FTSE

FTSE above 7400p as pound abandons $1.30

The FTSE 100 found buyers at the Friday’s open, as the Bank of England (BoE) meeting temporarily dented the appetite in the pound market. The temporary pause in GBP appreciation encouraged...
Europe

Brexit and Frexit: How Will the EU Deal with Two Exits Simultaneously?

With the United Kingdom gunning for Brexit and France being pulled in the direction of Euroscepticism, we take a hypothetical look at how the European Union (EU) would deal with two...
Apple

Apple miss, Fed verdict, Brexit tensions

Dollar-pound quotation nearing the 1.30 hurdle and softer commodity prices dented the appetite in the FTSE stocks in London. Mining (-0.75%) and energy stocks (-0.45%) lead gains at the open. Tensions between...
Great British Pound Currency

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 Currency

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...
Great British Pound Currency 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...
Great British Pound Currency

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...

LATEST

NZD/USD: Flows Point To Downside Risk S/T On Strong Real Money Selling

New Zealand Dollar Currency NZD
Bank of America Merrill Lynch FX Strategy Research notes that its latest proprietary flows show officials selling the...

USD Stretches Towards Resistance: Yen, Aussie to Offer Opportunity

US Dollar Currency Yen
Talking Points: The U.S. Dollar continues to claw back towards a key resistance zone that runs from...

USD/JPY – Yen Under Pressure, Markets Braced for Soft Japanese Trade Surplus

US Dollar Japanese Yen
The Japanese yen has posted gains in the Wednesday session. Currently, USD/JPY is trading at 112.86, up...

Fed Speeches and Earnings in Focus

Janet Yellen - Federal Reserve
Earnings Season in Focus as Stocks Target New Highs US futures are pointing to another higher open on...

Oil rises on expected fall in U.S. inventories, geopolitical tensions

Oil Commodity
Brent oil prices rose to a three-week high on Wednesday as weekly U.S. crude inventories are expected...
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