I’m Not Sure Rate Hike Plus Political Crisis Is Best Combination For UK

Caught between a rock and a hard Brexit.


In Joint Statement, Merkel, May, Macron Rebuke Trump On Iran Decision

“We stand committed to the JCPoA and its full implementation by all sides. Preserving the JCPoA is in our shared national security interest.”

Risks Aplenty.

And now, back to your regularly scheduled programming…

Coughing Fits, Stunts, And Letters Falling Off The Wall: Pound Falls As May Meets Her Waterloo

“If collapsing props, coughing fits and a comic interruption are all that matter than politics truly is all about style rather than substance.”

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

Stocks Super Happy, Oil “Flirts With Collapse,” UK Brexits, France Wonders Why No One Voted

Generally speaking, it was a quiet overnight session as traders look forward to a light calendar in the days ahead – or at least compared to the last two weeks. There was of course another “van attack” in the UK (“van attack” has become “a thing” now). Additionally, Monday marks the start of Brexit negotiations.…

Brexit Negotiations Begin Monday: Here’s Your Insanely Complicated Visual Guide

“A bloody nightmare.”

“I’m The One Who Got Us Into This Mess,” A Brent Death Cross, And “The Day Before Tomorrow”

Today is all about tomorrow…

From “Dis-May” To “Bloody Idiot”: UK Election Front Pages In Pictures

“Did that go the way you thought it was gonna go?”


Let’s All Laugh At Theresa May’s Enormous Fuck Up: Full UK Election Post-Mortem

“People have said they have quite enough of austerity politics. The PM called this election because she wanted a mandate. Well, the mandate she’s got is lost Conservative seats, lost votes, lost support and lost confidence.”

The Only Brexit Chart You Need…

“What is the EU?”…

“That Bloody Brexit Referendum Fucked Us”: Pound Plunges On UK Election Turmoil

“It is becoming ever clearer that this country was completely fucked by that stupid bloody referendum.”

SocGen: It’s A “Witches’ Brew Of Politics And Monetary Policy”

Did anyone tell you that today is “Super Thursday”? 

UK Election: Your Guide To Thursday’s Big Event & What It Means For Markets

Well Britain is about to vote – again. Thursday’s election is part of a trio of events markets will be watching and indeed, any one of them (the other two being the Comey testimony in the US and the ECB meeting) could move markets materially. “This will in fact be the third year in a…

“Thy Orb And Thy Staff They Comfort Me”: “Risk Feels A Bit Better Today!”

Yea, though we walk through the valley of the shadow of death, we will fear no geopolitical tail risk: for Donald Trump art with us; thy orb and thy staff they comfort me…