City Index

Wranglings over the length of the post-Brexit transition period are spooking the UK markets this morning and while the FTSE is just about keeping its head above the water the pound has dropped 1%...

FX Brief: RBA appear on track to cut rates in 2020, with February being flagged as the meeting to “reassess the economic outlook”. With plenty of data between now and then...

After their statement earlier this month, we highlighted that the RBA could ‘ease’ their way into 2020, and the release of today's minutes reaffirms this view. Noting February...

DAX has jumped 0.5% higher out of the blocks this morning with traders in a cautious optimistic mood as they await further details on the US – China trade deal. The announcement of...

The FTSE is flying high, up 2.21% as the last full trading week of the year gets underway, boosted by UK election results and the progress on the Sino-US trade deal over the weekend. The two sides...

FX Brief: Currency markets traded in tight ranges whilst traders awaited more clarity over the much-hyped phase-1 trade deal. Meanwhile, US Trade Representative Lighthizer is claiming the...

FTSE 100 teased traders with a break above 7,400 but it was not to be, seeing the index close at 7373.20 by Friday’s close. This means it remains within the 7000 – 7450 range it...

As of Tuesday 10th December: Large speculators reduced net-long exposure to USD by -$1.6 billion to $18.2 billion.On the DXY, traders are their least bullish since July 2018Minor weekly...

It is Friday the 13th and the UK election results are out. As Boris Johnson is cracking open the champagne the FTSE has rallied 1.6% and the pound is seeing a spectacular bounce against the dollar, up...

Original Post

Like him or loathe him, Boris Johnson is on track for the biggest election win since Margaret Thatcher, which is some feat given how polarised the Brexit debate has always been. British...

It’s been a positive week for trade sentiment. Earlier in the week, the USMCA was signed which paves the way for US, Canada and Mexico to move forward on trade. And during the US session,...

It is crunch time for Britons today and the markets seem to be taking it in their stride. The FTSE gained 0.57% and the pound is a touch stronger as the country goes to the polling station. The first...

Original Post

Whilst the polls vary slightly, they point towards a Conservative Party victory. Yet whilst their lead has narrowed in recent sessions, it is yet to be reflected in price action with cable...

Pre-election tensions are running high, not only in the UK political arena but also in the markets. The FTSE opened a fraction higher but then slipped into the red as more UK-focused stocks such as...