Early on Friday morning, the EU and UK negotiated a deal allowing Brexit negotiations to move on to the "Phase 2", which will establish their future trading relationship.
Authored by Judith Bergmann via The Gatestone Institute,
Cable traders are suffering through a news overload this morning, with the optimism and euphoria which sent the pound to two month highs as recently as 2 days ago fading fast on speculation whether UK PM Theresa May will be able to engineer a Brexit breakthrough in time. And following overnight speculation that her cabinet may revolt, and what one desk dubbed "headline havoc" this morning in which DUP sources saying that there will be no deal this week, it’s looking increasingly in jeopardy.
UK Pensions Risk - Time to Rebalance and Allocate to Cash and Gold
A selloff which started in Asia, driven by renewed liquidation of Chinese and Hong Kong tech stocks and accelerated by weaker metal prices which pushed the Shanghai Composite below a key support and to 4 month lows...