IBEX 35 Heads Lower on Renewed Virus Fears as Omicron Variant Spreads Across EU

The IBEX 35 Index rounded out November by finishing 1.8% lower, with losses fueled by renewed virus fears.

Read More »

UK Times reports that UK PM Johnson does not want to trigger Article 16 (re dispute with the EU over N. Ireland)

Via The Times, a reports that UK Ministers will attempt to de-escalate tensions with the European Union over Northern Ireland in a meeting on Friday. for more (gated). 

Read More »

German Chancellor Merkel says EU leaders have rejected a summit meeting with Putin

Merkel was pushing for the meeting but the EU is not in favour. 

Read More »

EU to set out plans to lessen its reliance on the USD

reports on moves from the European Union to lay out plans to limit its reliance on the USD ’s vulnerability to US sanctions and to financial risks. Measures proposed include

Read More »

The UK-EU Brexit trade deal has now been signed into law by the Queen

The law passed parliament earlier, this is the final step.

Read More »

An EU official says expect a Brexit statement Thursday morning

Says a European Union statement on Brexit is expected on Thursday morning. GBP is little changed on the session:

Read More »

Forexlive Americas FX news wrap: No Brexit deal. No Covid stimulus deal….at least so far

Forex news for North American trading on December 18, 2020 The day (and week for that matter) started with hopes for deals.  One was for a Brexit deal out of…

Read More »

British Pound Jumps as UK, EU Opt to Extend Brexit Negotiations

The British Pound popped upward while the anti-risk US Dollar and Japanese Yen fell as markets cheered news that UK and EU negotiators opted to extend Brexit talks.

Read More »

EU states urged not to push UK into new talks in event of no-deal Brexit – FT

Amid looming Sunday’s deadline to clinch a trade deal with the UK, the European Union (EU) member states have been warned not to entertain side deals

Read More »

Still expecting a Brexit deal; GBP/CHF a buy here for a move towards 1.2680 – Credit Agricole

Fortune favors the bold Credit Agricole CIB Research " between the UK and the EU before the end of the Brexit transition period on 31 December," CACIB notes., 

Read More »