GBP volatility is most likely to stay as Saturday extraordinary session of the British Parliament should have a significant impact on GBP direction. Although the odds are rather favoring a refusal of PM Johnson’s deal, it appears that...

European stocks and US futures are mixed following a soft Asian session. Wall Streets' close was lower as September retail sales were weaker than expected. Slower sales across headline and core indicate consumption spending is deceler...

GBP optimism appears to turn as traders finally consider that a Brexit “technical extension” is the most likely scenario to be favored by negotiating participants as details of the arrangement would require two additional months. A va...

This week financial markets remained highly sensitive to political and geopolitical developments with the China-US trade war and Brexit negotiations in the spotlight. Even though the so-called “phase one” trade deal looks more and mor...

In Europe talks between the UK and EU have hit a lull following positive developments as Irish PM indicated a deal could be made. Last week, Leo Varadkar and Boris Johnson engaged in last-ditch negotiations have raised expectations of...

US September core CPI was lower than expected at 0.1% vs. 0.2% expected. This unexpected read challenges the view that core inflations are rising. This increases our confidence that the 30th October rate cut will move forward. However...

Considering the developing risks, markets are handling the news flow relatively well. Asia equity markets were mixed and European stocks are higher. UK-EU negotiation has devolved into a deadlock (agreements seem unlikely by 31st Oct)...

Recent developments have put market participants in a difficult situation, wavering whether the US-China trade war as well as current geopolitical headlines or the publication of Fed minutes in a context of weakening economic activity...

The lull of the Turkish lira over the last four months following the G20 summit is likely to break as the country is in the spotlight. The latest announcement from Turkish President Recep Tayyip Erdogan to initiate an incursion in Nor...

Economic data in Germany continues to deteriorate. Factory orders in Germany declined by -0.6% m/m in August, below the expectations for a -0.3%. The annual rate was nothing had much better rate falling to -6.7% from revised lower by ...