China accuses US of making wrong call on Huawei

China accuses US of making wrong call on Huawei

USD The start of the week brought broad weakness to the greenback, with losses especially pronounced against AUD, which surfed the waves of a surprise victory of conservative incumbent Prime Minister Scott Morrison. This morning it became clear President Trump has...
Sterling falls off the Boris Cliff once again

Sterling falls off the Boris Cliff once again

After weeks of stasis, Brexit has finally once again became a fluid situation with market implications. The pound saw heavy, consecutive losses every day of last week as it became clear that Theresa May was losing the last vestiges of her control over the Conservative...
May likely to be gone in June

May likely to be gone in June

GBP Sterling weakened last week as talks between Theresa May’s Government and the Labour party on a compromise Brexit agreement broke down. Unless May manages to achieve some type of breakthrough in the near future, a likely Conservative Party revolt would see her...
Eurozone growth laughs in the face of pessimistic surveys

Eurozone growth laughs in the face of pessimistic surveys

GBP Sterling topped the G10 currency board yesterday despite no breaking economic or political news. This adds credibility to the idea sterling profited from end-of-month flows, which has frequently been the case at the end of April in recent years. With the pound...
Egregious Eurozone sentiments spook world markets

Egregious Eurozone sentiments spook world markets

GBP Sterling continues to be riddled with Brexit uncertainty as the pressure on Theresa May ramped up over the weekend. It was widely reported in the standard media outlets that cabinet ministers were set to resign if May didn’t step down. However, the speculation...