Well, we start in FX land on Monday morning and as has become the norm
Category: theresa may
Dear Sterling: It Would Be Best If You Just Accepted Your Fate
Now days, the best way forward for the currency that Deutsche Bank suggested may soon become “irrelevant” may be for lawmakers to simply roll over and choose the path of least resistance.
Currency Markets In Turmoil: A Pocket Guide For The Week Ahead
As political risk continues to dominate the headlines (even as US equities steadfastly refuse to
The Market Hates It: British Pound “Pounded” As Brexit Reality Sets In
You can talk all you want about how the world needs a clean break with the established order and how populism and nationalism will represent a return to some bygone era of pride and prosperity, but the market hates it. Every single last bit of it.
Daily Kickstart (Japan Battles Bond Markets, Mexico/Turkey Battle FX Traders, May Meets W/Trump)
As is rapidly becoming custom, we start with FX markets, where the USDJPY rose again,
Daily Kickstart (“Bigly”)
Making stocks great again.
Thanks Populism: Brexit May Make British Pound “Irrelevant”
“To the extent that reserves serve as backstops against currency stress, rather than as sovereign wealth, the pound’s diminishing role in international capital flows post-Brexit should permanently reduce its reserve status.”
Daily Kickstart (Dollar In Focus As UK Court Rules; Lira Plunges)
On Monday evening I said I’d likely find myself talking about the dollar again first thing
Is Now The Time To Short The British Pound?
Ok, so sterling had its best day since 2008 on Tuesday. It was as if
Where Liberals Screwed Up
Perhaps trying to frighten voters away from the populist cause by referencing dire economic consequences isn’t the best way to go about things when there are plenty of other common sense arguments for preserving a progressive agenda and for cultivating multiculturalism.
“Fasten Your Seat Belts” Or, Prepare For A “Pound”ing
So what did we learn on Saturday evening? Well, we learned that next Friday’s circus
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