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
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.…
“A bloody nightmare.”
Today is all about tomorrow…
“Did that go the way you thought it was gonna go?”
“Nope.”
“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.”
“What is the EU?”…
“It is becoming ever clearer that this country was completely fucked by that stupid bloody referendum.”
Did anyone tell you that today is “Super Thursday”?Â
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…
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…
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…
“Be careful assuming that elections are bad news for a nation’s currency. In this case, it is the exact opposite.”
“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.’’
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…
