Risks for UK Economy

The markets continue to take a sanguine view of the apparently stalled progress in the EU and UK trade talks. All things Brexit continue to go down to the wire,…

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Events to Look Out for Next Week

As the month of August moves into week 3 uncertainties both fresh and familiar keep challenging the markets, driving volatility in the bond market as rates bounce off record lows…

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BoE aftermaths and Cable

There was no real surprise from the BoE this week, although those looking for a clear signal that additional easing measures are underway and that a shallow recovery will force…

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GBP saw 3-month low VS EUR

Cable has found a footing in the mid 1.2300s after last week tumbling from the mid 1.2500s, which culminated late Friday with a 1-month low at 1.2312. EURGBP, meanwhile, has printed…

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More Stress for Sterling

GBPUSD & EURGBP, H1 Sterling came under pressure from the London open, pressing lower against both the Dollar and Euro, among other currencies. Cable turned below 1.2500 after earlier posting…

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The Pound Pummeled Again

EURGBP & GBPUSD The Pound remains on a weak footing, ebbing lower versus the Euro today, though so far remaining above the three-week lows it saw against the common currency…

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FX Update – Risk-Off & Empire State both jump

AUDUSD, H1 The Dollar and Yen rose and commodity currencies underperformed amid safe haven positioning in global markets. Stock markets in the Asia-Pacific region have declined sharply, and S&P 500…

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