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Breaking News: Spain moves to suspend Catalonia’s autonomy

October 19, 2017 James Trescothick 0

Having missed the 8pm GMT deadline to renounce its claims to Independence, the Catalonia Government now faces losing all its powers as Spain moves forward in suspending Catalonia’s autonomy.   Prime Ministers Rajoy’s government has confirmed that they…

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British Pound’s Flash Crash: One Year Later

October 17, 2017 James Trescothick 0

Last October, the British pound experienced a mysterious flash crash that wiped 10% from its value. This included a more than 6% drop in the span of two minutes, bringing sterling to its lowest level in 31 years….

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First Deadlock and then hope. Continuing story of the Brexit Negotiations.

October 13, 2017 James Trescothick 0

Just like life, the currency market is like a roller-coaster. Take what happened yesterday with the Brexit talks.  First in the afternoon we had doom and gloom and then a few hours later we had hope.   Like…

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Market Shot – The Dollar Dips to 12 day Low

October 11, 2017 James Trescothick 0

It has not been the best year of the dollar, political uncertainty and scandal, multiple Trump Administration resignations and dismals, more recently the friction between the U.S./N. Korea and the drop in Non-Farm Payroll have seen the dollar…

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Brexit Watch: Deadlock Continues as Attention Shifts to Theresa May

October 10, 2017 James Trescothick 0

With European Union (EU) ministers struggling to make headway over Brexit, British Prime Minister Theresa May will attempt to put negotiations back on track Monday as talks resume in Brussels. The British leader is expected to tell other…

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Markets End on Softer Note Following Dismal NFP Numbers

October 10, 2017 James Trescothick 0

Wall Street and European stocks finished mostly lower on Friday after U.S. employers shed jobs in September for the first time in seven years, as weather-related disturbances weighed on hiring. Nonfarm payrolls fell by 33,000 in September, confounding…

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Brexit Update: Theresa May Seeks Two-Year Brexit Transition Period

September 27, 2017 James Trescothick 0

In a highly anticipated speech, Theresa May told a gathering in Florence, Italy on Friday that the United Kingdom needs a two-year transition period before finalising Brexit. Under the new timetable, Brexit would not come into fruition until…

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