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Lamplighter commented Jan 23, 2019No point in trying to second guess any Brexit shenanigans and factor that into GBP moves.
Pound Climbs As Labour Backs Measure To Delay Brexit
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Lamplighter commented Jan 23, 2019ESMA is a front running tax on trading. Small client accounts have sacrificed leverage to the god of the nanny state.
IG Group net trading revenue down 6% YoY in H1 FY19, multilateral trading facility Spectrum...
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Lamplighter commented Jan 22, 2019It's only politicians that are not working - like a broken clock that's correct twice a day - (but for themselves). For Brexit gunslingers time is running out - for the rest of us - business as usual.
UK labour market: January 2019
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Lamplighter commented Jan 22, 2019The value of a currency beyond near term market fluctuations is based on intrinsic value derived from a slew of asset classes. The bigger picture takes this into account and draws price back to the mean in the medium term 3 to 5 year window. Taking ...
Germany's Justice Min Barley on DLF Radio: I Am Disappointed With May's Brexit Plan B
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Lamplighter commented Jan 21, 2019Celestial mechanics may have had a part to play (post luna phase transition). Notice how the eye popping rage has simmered down - now a more conciliatory tone is abroad? As both parties (UK/EU) are seeing the prospects of a 'no deal' looming ever ...
Brexit: UK PM May says EU are very unlikely to extend Article 50 without a plan for a deal
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Lamplighter commented Jan 21, 2019The problem with Brexit is that it has become a religious belief system for many. The God of separation versus the God of union. Off the back of these epistemological dead ends, cleaver folk are making mischief. In the arena of finance hedging ...
Brexit: Betting Markets See Near Coin-Flip Odds of a Second Referendum, "Plan B" on...
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Lamplighter commented Jan 17, 2019The problem at the root is that the first referendum was appallingly executed. When you have a near 50/50 for/against situation neither 'side' has a complete mandate. The failing is in the UK government for not seeking a cross party consensus right ...
EU’s Barnier: Brexit Deal Is Balanced And It Respects The Red Lines Of The UK
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Lamplighter commented Jan 15, 2019As mentioned elsewhere - when what is likely is more or less a dead cert, and priced-in, then there is only one way a cross can go - the question is how far.
U.K. Parliament rejects May's Brexit deal 432-202
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Lamplighter commented Jan 15, 2019The casual observer might say - "Again, Mr. Corbyn, but this time with more conviction!'.
Corbyn proposes no confidence motion in May's government
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Lamplighter commented Jan 15, 2019No analysis - just a read of the chart, with a skim of the news.
GBP/USD analysis: Pound collapses ahead of vote, bounces sharply afterwards
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Lamplighter commented Jan 15, 2019Seriously naked with no hedge!?
Trader could lose more than $500 million on a single position if S&P 500 tumbles
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Lamplighter commented Jan 15, 2019'Expected' does not factor in the 'prediction' business. Mitigating factors are always in play - both ways.
ECB's Draghi says it's a slowdown, not heading towards a recession but could be longer than...
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Lamplighter commented Jan 15, 2019Either way, the 'surprise' element is somewhat negligible - not at all the same as the original referendum moment.
UK Brexit Vote Expected Around 2000 GMT After Four Amendments
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Lamplighter commented Jan 14, 2019Brexit on aspic gets more likely with each passing day.
GBP/USD: UK Parliament still likely to reject May’s Brexit deal
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Lamplighter commented Jan 14, 2019The main meaning covered by this : - url
May said to mull end-date plan for backstop to win Brexit vote
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Lamplighter commented Jan 14, 2019Things tend to go in the opposite direction when everyone and their aunt are 'wishing' it to go in the other direction. GBP upside trend has to be broken for those wishes to be fulfilled.
Theresa May says no Brexit more likely than no deal
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Lamplighter commented Jan 14, 2019Cyclical money flow will be more of a driver once the 'uncertainty' is seen for what it is - smoke & mirrors (emotive claptrap). GBP is currently under value and while it may spike down as the Brexit narrative runs it's course - fundamentally upside ...
UK PM May: We Have Secured Valuable Assurances From EU On Brexit Deal
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Lamplighter commented Jan 11, 2019Today Mr Junker reiterated that Brexit is a disaster for Europe. Note he did not say the EU. So either everyone's a looser or everyone's a winner - 50/50 - this belies the fact that nobody really knows either way.
UK PM May Spokeswoman: PM Has Ruled Out Extending Article 50