Investment Management
Theresa May thinks that the snap elections on June 8 will strengthen her negotiating stance with the European Union. We are afraid she is sadly mistaken European leaders have vowed to stand united behind their negotiating team and have warned that any demands from Prime Minister Theresa May will be dealt with “firmly.” […]
GBP remains the largest held net short at $7.3bn, however the position has narrowed in four of the last five weeks and bulls appear to be gaining control adding to positions as bears liquidate theirs. Shorts remain vulnerable, just shy of the record levels from October The aggregate USD long position was unchanged w/w […]
Theresa May’s hopes of winning a landslide Election victory suffered a major blow last night after her poll lead plummeted to 11 per cent amid the row over her tax and pension plans A Survation poll for The Mail on Sunday put the Conservatives on 40 per cent, followed by Labour on 29 per […]
Regardless of who wins the French elections, EUR/USD is still a Buy on weakness especially below the $1.07 level. Bloomberg reports most respondents in its latest survey now say the European Central Bank president will revise forward guidance as early as June, six months sooner than in an earlier poll Economists also reduced their […]
Citigroup warns Traders’ bets suggest the Turkish lira, Czech koruna, Russian ruble and Polish zloty would be most vulnerable to a selloff should the first-round of the French vote produce a “market-unfriendly scenario”. Price volatility may be higher than average Venezuela remains a flashpoint amid nationwide protests against the government, while interest-rate decisions in […]
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