Cable spikes higher on report Bloomberg that both the British and German governments have abandoned key Brexit demands, citing people familiar. reports They say Germany is ready to accept a less-detailed agreement on future ties in a bid to get a deal done. The UK is also willing to accept a more vague statement of…
China undercuts the US Here’s a concrete sign that China-US relations are souring. NBC News reports that China has reopened legal and illegal trade with North Korea, flouting US efforts to apply ‘maximum pressure’ on Kim Jong-Un.
Germany: Govt position unchanged on Brexit… Fast break the other way….. The GBPUSD now cracked lower on yet another headline. This one saying Germany position on Brexit is unchanged.
Trade concerns dampen demand Alex Jones is also in attendance. Not sure if he will testify, but he is getting some coverage on CNBC in the halls of Capitol Hill complaining about being silenced.
Pound falls Reuters is out with a headline saying citing a German government spokesman who says the German government’s position on Brexit is unchanged. He also said the government has full trust in Barnier.
India is in focus India is the big domino in the recent emerging market FX mini-crisis. It has a big current account deficit, much like Turkey and Argentina.
100 hour MA Now with the pair down and retesting, will the buyers come back in? Key level for the bulls and the bears. Hold and the buyers are trying to stall the fall. Break and the selling should continue (if can stay below).
UK identified two suspects in poisoning attacks today May was also asked about Brexit and a more vague statement on future relations with the EU and she said parliament will need to make an informed decision.
Ireland’s Donnery seen as front-runner for the job I mean, Italy hasn’t exactly bathed itself in glory on the banking supervision file lately. ForexLive
Amazon moves further into deliveries Amazon isn’t playing nice with the President. The White House has lamented the company using the US Postal Service for deliveries but it continues to look like they’re shifting towards their own delivery service. Not only that, but they’re buying foreign vans to do it (however the vans will be…