Afternoon all For those of you who don’t know who Mark Carney is click here. GBP & EUR Last night we saw the notorious pessimist, Carney, express his concerns should the country subject itself to a ‘no-deal’ scenario. However one of his main concerns was the strength of GBP (or lack thereof) should Theresa May’s READ MORE
Category: Uncategorized
Morning Update – 2 WEEK COUNTDOWN
Morning all A slightly more serious and short update rather than our light hearted approach. UK We’ve got 2 weeks until the PM’s deal is presented to Parliament for a vote. We are genuinely concerned that without the DUP’s support this deal will not go through Parliament. Theresa will attempt to defend the proposed deal READ MORE
Morning Update – Bit of a trip…
Morning all Back to the usual format, despite international trade and politics being far from it! USD As the Brexit agreement stands, the UK may not be able to trade with the US. A good example of Trump shooting from the hip? Who knows, however it really has affected GBP early this morning with a READ MORE
Afternoon Update – Ready for a row MkII?
Afternoon all Hope you’ve all had a good weekend. Theresa May is set to address the commons in 10 minutes, incredibly important to keep an eye on as this deal doesn’t satisfy either the ‘Brexiteer’ or ‘Bremainer’ and we fear this will come to a head this afternoon. If Corbyn miraculously manages to poke holes READ MORE
Afternoon Update – Snooze!
Afternoon all. Certainly calmer as the vote of confidence hasn’t come to fruition… GBP As above, the vote of no confidence has yet to be reached, with reports suggesting we only have c.25 of the 48 required. Since the barrage of updates last week there isn’t much else to report until we hear some fresh READ MORE
Afternoon Update – Utter Shambles
Afternoon all We promise to go back to the usual format tomorrow but there is too much going on in the UK to warrant worrying about the USD and EUR today. Britain It’s official, this a complete shambles! Without going into the minutiae as to why this is such a disaster as you only need READ MORE
Morning Update – Surely this is it?
Morning all Breaking the trend today and focusing on the pressing matter in hand. Surely we have a deal? The answer is yes, but the deal is not good enough. It’s very simple this afternoon, either parliament agrees to this ‘deal’ tonight or Theresa needs to get a removals van organised for the end of READ MORE
Afternoon Update – Nearly pulled the trigger?
Afternoon all TGIF! Lots gone on since our last update, but still very much continuing the same theme; calm down! GBP Getting frustrating that macroeconomic data has very much taken the back seat whilst all these unsubstantiated reports have been released stating that we are edging closer to a Brexit deal. Brilliant for all you READ MORE
Morning Update – Calm down!
Morning all Let’s just take a breath! GBP Reports have come out yesterday that we are close to sealing a deal that would give UK-based financial services firms basic access to EU markets. This is a significant breakthrough in our negotiations and has alleviated some concerns, however this does not detract from the fact that READ MORE
Morning Update – Happy Halloween
Happy Halloween all! Let’s get straight into it. GBP Not having a happy time! 10 week lows…. Big day tomorrow with the interest rate decision and Mark Carney speaking. I really hope he isn’t his usual pessimistic self as we need some upbeat news to get us out of this rut post budget. EUR & READ MORE