Pond besluiteloos na vertrek May

In vergelijking met hoe het pond afgelopen maanden heeft gereageerd op de kleinste Brexit geruchten, lijkt de munt nu redelijk besluiteloos. Een duidelijke richting voor het Britse pond volgt waarschijnlijk pas wanneer duidelijk wordt welke toon de leiderschapsstrijd...
Graham Brady shows May the door

Graham Brady shows May the door

GBP It looks like the chickens have finally come home to roost. Theresa May is set to announce her formal resignation today according to nearly all political commentators. The PM will retain her position until June 10th in order to host the visit from US President...
What next for May and Sterling?

What next for May and Sterling?

Following the latest failure of her withdrawal agreement, Theresa May’s premiership is over in any meaningful sense.  The only question is when she will finally announce her resignation, and what tone the race to replace her takes? The latest news suggests that May is...
May and sterling reluctant to move as the 1922 circles

May and sterling reluctant to move as the 1922 circles

GBP It looks as if the confirmatory vote confirmed one thing for British politics; that Theresa May is unlikely to see out the week. In the afternoon of yesterday’s session, sterling stood still as political headlines came thick and fast with speculation rife that May...
To Brexit or not to Brexit, that is the question

To Brexit or not to Brexit, that is the question

GBP Yesterday, Theresa May pinned her hopes on increasing votes in favour of the Withdrawal Bill from Labour, as opposed to votes from within her own Tory party, ahead of the vote in 2-weeks’ time. The Prime Minister promised Labour a “new deal” that included a...
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...