Pound Flash Crashes On Moody’s Cut

UK Cut to Aa2 From Aa1 by Moody’s.

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Watching Paint Dry. Illogically.

As one reader put it earlier today, “is just being open for trading” a good enough reason for stocks to rally? 

Friday.

This time last week, everyone thought we’d all seen our last Friday.

Them’s Fightin’ Words.

There’s tension in the air.

Pound Jumps, FTSE Falls As BoE Sees Scope To Reduce Stimulus After 7-2 Vote

BANK OF ENGLAND VOTES 7-2 TO MAINTAIN BENCHMARK INTEREST RATE

You Should Have Just Gone To The Bar.

Generally speaking, this week’s theme (reflation back on in the U.S. as stocks, the dollar, and yields all rise in tandem) held, as there was no news “bigly” enough to change the narrative.

Just Make Sure You’re Hedged.

You’d probably be wise to do the same.

Pound Surges As Rampant Shoe Inflation Spurs Hawkish BoE Bets

Uncertainty around Brexit will of course continue to serve as a countervailing force, which brings us to the cruelly ironic (and exceedingly ridiculous) part of this whole charade

Riders On The Storm.

Right, so the storm wasn’t supposed to come until next month.

Turkish Delight: Trading ‘The Great British Selloff’

…do note that there’s a wild card here.

Waiting Game.

Just biding time…

Requiem For A Crisis.

Kind of makes you think…

Pound Dives On Disappointing Inflation Data – Hooray For Bad News!

Ok, so the market is clearly fading any notion that the BoE is going to normalize policy aggressively. This isn’t a data point that U.S. investors probably care a whole lot about, but U.K. inflation disappointed on Tuesday, printing at 2.6% in July – consensus was looking for 2.7%. Obviously, this has something to do with the…

‘They’ll Never Take Me Alive!’ Stocks Swoon In Final Minutes After Mueller News

The day in charts.

Presenting: The Trade Of The Day

CZECH CENTRAL BANK RAISES KEY INTEREST RATE TO 0.25%