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…

The Going Rate For Being “A Bloody” Bitch Is Now €100 Billion

Yeah, so it turns out that exiting the European Union is probably going to be “bloody” hard for Britain. Who knew? And it’s made even harder by the fact that Theresa May is promising to be a “bloody difficult woman” throughout the protracted negotiations. So you know, this is a lot like what’s going on…

Guest Post: “Giddy Up – Sometimes Trades Are This Simple”

“Be careful assuming that elections are bad news for a nation’s currency. In this case, it is the exact opposite.”

Theresa May Calls Snap Election In UK After Getting Sick Of “Game-Playing”

“It should be really bad but the most striking thing is, it isn’t really bad. She will have a glass of wine on a Friday night and go to bed perfectly relaxed because there is simply no effective opposition.’’

Volatility Collapses (Again) As Investors Cling To Goldilocks Outlook On Brexit Wednesday

It’s quiet out there. Well, except for that whole UK officially leaving the EU thing. As outlined earlier this morning, Theresa May will make the UK’s split with the EU official on Wednesday, sealing the economic fate (literally, as they’ll be a hand delivered letter involved) of the British people and very possibly relegating the…