Cabinet meets on Brexit and agree on Brexit negotiations The GBPUSD has moved to new session highs after the release.
David Davis is Secretary of State for Exiting the European Union in the UK government Reportedly has resigned. Twitter sources at this stage only , so treat is as unconfirmed
Graciela Márquez is Mexico’s incoming economy minister spoke with the Financial Times over the weekend Says US President Trump could agree a NAFAT deal:
“Today is D-Day” The next stage of the rescue effort has begun with the attempted extraction of the 12 boys and their coach from the Thai cave that has been their home now for more than two weeks.
A quick view on the Australian dollar via ANZ (FX strategy for the week ahead) The AUD is likely to remain caught in the cross-fire of US trade policy for now. We would be less bearish on the outlook if there were strong domestic data to latch onto, but the data flow remains uninspiring from…
The stock market regulator in France warning on the risks of high global debt to equities The Autorite des Marches Financiers in its annual report:
French Finance Minister Bruno Le Maire speaking on Sunday Le Maire warning of escalation in the trade war. Long story, short is he does not want to see increased tariffs implemented by the US, but if so, expect Europe to unite with retaliation.
Light calendar day to start the trading week Good day, everyone! Hope you all had a great weekend as we get back on the trading horse this week. The economic calendar may be light, but there’s still lots of political and geopolitical factors at play – Brexit issues and US-China trade spat among them. So,…
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Forex and Bitcoin news for Asia trading Monday 10 July 2018 UK BBB Brexit minister resigns – as it happened: News from the UK Cabinet meeting that concluded late Friday saw GBP open higher in the very early Monday morning here in Asia. The weekend news was net on the positive side, with Cabinet agreement…