The irony being that one Margret Thatcher was instrumental in coalescing the signal market "Europe is open for business". What has happened over the intervening 30 years (since her Lancaster House speech to UK business) is that the politics of the ...

UK trade minister Fox says EU is pushing Britain to no-deal Brexit

Actually California is considering doing just that - which is probably a better comparison.

UK trade minister Fox says EU is pushing Britain to no-deal Brexit

Basically the central banks are all still trying to paper of the cracks from 2008/9 market collapse. The race to the bottom is the current play - meanwhile debt and servicing of said debt are getting to levels that are hard to see being workable. ...

GBP/USD Weekly Forecast: Sterling comfortably numb at 1.3000 as Brexit is uncomfortable for...

As anyone knows with a modicum of intelligence when politicians state figures like '60/40' are just made up nonsense designed purely to rattle the populous. Sixty and forty percent of what exactly? Precisely! Brexit is a side show that has an end ...

UK trade minister Fox says EU is pushing Britain to no-deal Brexit

Events can always shift direction, and momentum then drives the trend usually to test key levels of significance i.e. round numbers, previous/historical SR levels etc. Defining the noise level for a particular time scale is tricky in a consolidating ...

Weekly Technical Perspective on Euro vs US Dollar (EUR/USD)

Humm well lets see if that's the case after nfpr and exports. The Jerry Garcia Band stabilize ... lol

Greenback Remains Firm Ahead of Jobs, JGBs Stabilize, Italian Debt Moves into Spotlight

People not filling job vacancies indicates bad marketing or laziness. Wage growth is improving so this is likely to change once peeps are back from summer breaks etc.

UK service sector growth slips to three-month low

Brexit is a side show. Productivity is king.

BoE Gov Carney: Weak Productivity Is A Big Part Of Economic Puzzle

Except there will probably be a 'deal' in place by October 2018 - then a transition period of 2 years. The crash out 'option' is now low likelihood with already 80% agreed - and chances are that there will be plenty of horse trading after the exit ...

BOE's Carney says above-target inflation reflects past sterling depreciation and higher energy...

What pattern are you seeing? Assuming the move was algos just putting on a GBP short squeeze, current price action would indicate a revision to the mean by close of week. Non farms not withstanding....

BOE's Carney says above-target inflation reflects past sterling depreciation and higher energy...

Given the rate hike was already baked in, today's move on GBP looks to be without momentum. Short plays offloading and then reloading on the bubble up. That said we'll probably end the week with a 'safe' position hold somewhere at the mean/mid-point ...

BOE's Carney says above-target inflation reflects past sterling depreciation and higher energy...

Shorts squeezed.

BOE's Carney says above-target inflation reflects past sterling depreciation and higher energy...

This is good indication that the UK economy is gaining traction. Basically cap imported inflation, and at the same time manufacturing is up while unemployment at a low level.

Monetary Policy Committee voted unanimously to raise Bank Rate to 0.75%

Given we're now in August and peeps are off on their summer holidays - I'd hazard a guess the 'Carney Show' will err on the cautious & follow through on expectations: rather than make more waves in a historically volatile (low volume) month.

BoE Super Thursday to live up to its name

Apparently the UK will be a bonanza economy post Brexit. For ... manufacturing and lawyers ... makes sense.

Barnier: Optimistic Brexit talks will reach satisfying result

The poker game continues. Latest development, 'Swords into plowshares' as Chairman Kim repurposes ICBMs into competitive/cheap low earth orbit satellite launchers - aiming to compete across this lucrative 'new frontier' with the likes of SpaceX. And ...

North Korea reportedly working on missiles despite US agreement

Far too much politics and a gleeful need for confirmatory bias. In the end some structured arrangement will be settled upon - as 'where goods cross borders, armies don't' (to paraphrase Frederic Bastiat).

EU’s Barnier Rejects A Key Part Of UK Proposal On Post-Brexit Trade

It would be quite an achievement for Michael Barnier to precipitate the hard Brexit, and just goes to show why the UK are leaving the EU. There are times when bureaucratic appointees just don't get it - so called 'principals' over pragmatism. The ...

Michel Barnier kills off Theresa May's Brexit customs proposals

WTO is not looking as good as the deal that is unfolding. Indeed WTO will be having it's own review in short measure - Trump will see to that. The mood music is 'bilateral' all the way.

EU’s Barnier Rejects A Key Part Of UK Proposal On Post-Brexit Trade

Seems a case of the princess and the pea. Progress is on going. Nay sayers need to suck it up - invest in ice-cream. :-)

EU’s Barnier Rejects A Key Part Of UK Proposal On Post-Brexit Trade