UK Still Trying To Avoid A Lengthy Brexit Extension
Notes/Observations PM May likely to bring a 3rd version of the Withdrawal Agreement to Parliament in attempt to avoid a long Brexit extension No surprises from BOJ on its rate decision; tweaks some of its assessments regarding exports and output...
DJIA Testing Key Level As Investors Weigh Fundamental Risks
Earlier today, we highlighted some of the fundamental risks facing equity investors. While we haven’t seen a clear breakdown in the major indices yet, meaning that the trend is still bullish, we can nonetheless map out the key battle grounds...
I’ll Take One Centimetre Of Snow At Heathrow Please
I’ll take one centimetre of snow at Heathrow please Wall Street’s three-day rally came to an end overnight after Bloomberg reported any signing of the US-China trade deal would be delayed until April. The fact it wasn’t an official announcement...
Japanese Yen Dips ahead of BoJ Statement
After a quiet week, USD/JPY has posted gains on Thursday. In the North American session, the pair is trading at 111.58, up 0.38% on the day. On the release front, U.S. numbers were soft. Unemployment claims climbed to 229 thousand,...
Trade Deal Delay
Presidents Trump and Xi have decided to move back a potential summit to finalize a trade agreement to April, signaling both sides still can’t reach an agreement as major issues still can’t be resolved. At the beginning of the month,...
House Of Commons Set To Vote On Deadline Extension Today
Market movers today After the UK parliament in yesterday’s vote also rejected leaving the EU without a deal, the third and final vote today will show whether the House of Commons can instead converge to agree on asking for an...
China Industrial Production Misses Ests, Jobless Rate Rises: GBP Declines Ahead Of Yet Another Parliament Vote
All information provided by Trade The News (a product of Trade The News, Inc. “referred to as TTN hereafter”) is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or...
BoJ Meeting: No Action, But Perhaps a More Dovish Tune
The Bank of Japan (BoJ) will announce its decision during the early Asian session on Friday. No action is expected, so investors will once again look for any signals on how policy may evolve. The slowdown in global growth coupled...
Brexit Update: No-Deal Vote Likely to Get Rejected
So, as expected, UK Prime Minister Theresa May’s Brexit deal was rejected again last night, which means another parliamentary vote will take place tonight on whether the UK should leave the EU without a deal. If this vote is passed,...
The UK Parliament Rejected Brexit Agreement
The British pound was under pressure after the Brexit vote in the UK Parliament. So, the House of Commons did not support again the Brexit deal offered by Theresa May. 391 members of Parliament spoke against the deal, 242 supported....
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