Just about time for another GFC.

UBS plans negative interest rate for rich clients

Oversold basically.

Brexit Update

So many analogies - but how's about this one. UK is lowering a life boat into the sea as the EU (Titanic) plows on regardless... It may be cold and lonely out on the deep dark ocean, but better there above water, than down at full fathom five ...

Sterling Pounded

Worse than that at $259 ish.

UK Foreign Sec Raab: EU Will Need To Move On Brexit

Summer shenanigans - sentiment driven fun and games.

UK Foreign Sec Raab: EU Will Need To Move On Brexit

Looks like Javid might have to have word with Carney.

Prospects of a No-Deal Brexit Weigh on Sterling

Its getting emotional....

UK plays Brexit hardball with 'stubborn' EU, pound falls to a two-year low

There's always been a tension between politicians and bureaucrats - one wants to own the world the other wants to control it and visa versa. There is so much disinformation swirling around Brexit the situation has become a farce. By example a ...

UK Foreign Sec Raab: EU Will Need To Move On Brexit

The CBI in the UK has made soundings both in the UK and across the EU apparently - and is saying that the UK is more prepared than the EU in the event of a 'no-deal' exit. That and the weekend news from the US that it see's a significant trade deal ...

Johnson tells EU: ditch the backstop or there will be no-deal Brexit

QE the not so virtuous circle. What happens to a body when it is over stimulated with adrenaline injections ...?

ECB's Nowotny predicts historically low interest rates in long term

No one set a timescale ... these things can take time.

No-deal Brexit will cause UK recession, says fiscal watchdog

The market can and does remain more irrational than your account can stay solvent. There are a lot of derivative hedges on now for the turn once credulity kicks back in - after the summer madness and fake fear mongering.

GBPUSD lacks bullish signals near six-month lows

Possible scenario - Johnson appointed PM, tries to bypass Parliament and due process, government is defeated by a no confidence vote - general election called. Opposition parties on the centre left side form a coalition government, opposition now ...

UK MP Grieve: May Be Difficult For Parliament To Block No Deal Brexit

Squeezing the pips?

Sterling struggles on Brexit worries, weighs on euro

This 'LiveSquawk' posting is very fishy - there's no primary source on this claim. Seems more like a fake rumour cooked up by the pro-Brexit lobby. Meanwhile - actual news ... url

UK MP Grieve: May Be Difficult For Parliament To Block No Deal Brexit

Hunt seems at least, to actually have plan - based on today's presentation. Whether it will work is still an open field.

Pound to Euro Outlook - Focus on Brexit

Can't stand the nanny state. If you are adult enough to run your own financial affairs, then trading is just another way to work one's capital. There's no such thing as reduced risk - you can still be a fool with your money if you let emotion drive ...

FCA confirms permanent restrictions on the sale of CFDs and CFD-like options to retail...

Risk on risk off - wax on wax off.

Fed Interest rate way too high, added to ridiculous quantitative tightening!

Classic diversionary tactic - when the move doesn't get the response you what with one party, then do the same on a weaker/smaller party to garner a perceived impression of power.

White House spokeswoman Sanders says Trump administration wants to work with the Mexican...

Trump's modus operandi is to create a crisis so that he can then reverse a decision and come over as the hero fixing things. The US has a massive problem with prescription opioids dolled out by the local hospitals and pharmacies - so he should ...

The United States will impose a 5% Tariff on all goods coming into our Country from Mexico