Moody’s downgrades UK credit rating to Aa3 from Aa2, outlook stable
Moody’s cuts the United Kingdom This isn’t entirely unexpected but you hate to see it. Fitch recently affirmed the UK at AA-, which is the equivalent of Aa3. S&P remains…
Read More »UK’s Liverpool to go to strictest “third tier” of coronavirus lock down
UK city of Liverpool will go into the strictest "third tier" of new anti-coronavirus restrictions The full extent of the new levels of restrictions will be announced Monday
Read More »Recap September 27: New Quarantine, Stocks Dumped, Tesla makes promises (Recap Ep090)
In this recap, the US stocks had several declines and slight recoveries over the week, falling in tandem with oil & gold prices & worries among investors of further turbulence…
Read More »USD, GBP, EUR Volatility Ahead of Cross-Continental Geopolitical Risks
The US Dollar, British Pound and Euro will all be closely watching key geopolitical developments in North America (Powell testimony), the UK (Brexit talks) and Europe (EU summit).
Read More »AstraZeneca coronavirus vaccine clinical trials to resume in the UK.
You’ll recall last week that clinical trials of the COVID-19 vaccine candidate from Oxford / AstraZeneca were paused: News now that AstraZeneca said it received notification from the UK’s Medicines…
Read More »Britain breaking Brexit treaty could imperil trade pact – US House Speaker
The US House Speaker Nancy Pelosi warned the UK late Wednesday that there will “absolutely no chance” of Congress approving the UK’s trade deal with W
Read More »EU warning PM Johnson has less than two weeks to save post-Brexit trade talks – The Times
The UK Times has reported that Boris Johnson, the UK’s PM, has been warned he has less than two weeks to save post-Brexit trade and security talks. Ke
Read More »Recap August 2: Disastrous Economic Numbers – Harnessing Power of the Sun (Recap Ep082)
In this week’s recap, we talk about some disastrous economic numbers and how an international experimental nuclear fusion reactor is being built in France to “harness the power of the…
Read More »Sterling Storms On
GBPUSD, H1 Cable has pinned a new five-month peak at 1.3145. The pair is now firmly back in pre-lockdown territory. The UK currency still registers as the weakest of…
Read More »British Pound Forecast: GBP/USD May Fall Amid Renewed 'No Deal' Brexit Fears
The fundamental outlook for the British Pound looks relatively bleak amid renewed ‘no deal’ Brexit concerns and escalating UK-China tensions.
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