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GBP/USD: Hinging On Boris' Selling Skills
Friday, October 18, 2019 - 11:33am | 795Read More...GBP/USD has been trading at a high range ahead of parliament's vote on the Brexit deal. Political developments and analysts' number-crunching are set to rock sterling. Friday's four-hour chart is showing the potential for more gains. "White smoke in Berlaymont" was one of...
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EUR/USD: Downside Correction Likely Amid Brexit Concerns
Friday, October 18, 2019 - 11:24am | 526Read More...EUR/USD has been consolidating its gains above 1.11 amid Brexit speculation. Chinese data and Fed speeches are also in the mix. Friday's four-hour chart is pointing to overbought conditions. The Brexit deal swept the slow-moving euro off its feet – and may it is time for a reality...
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Trucking Alert: Criminals To Target Brexit Chaos?
Thursday, October 17, 2019 - 10:17am | 1317Read More...Amid the chaos predicted if the U.K. departs the European Union (EU) on October 31 without a trade or customs deal, Europe's truckers and their cargoes will be on Brexit's frontline, facing a range of heightened dangers. There is growing evidence that not enough is being done to mitigate the risks...
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Brexit Deal Adds To Optimism On The Geopolitical Front
Thursday, October 17, 2019 - 10:05am | 2001Read More...Investors have something to cheer about this morning in addition to an encouraging start to earnings season. News that Britain and the European Union have struck a preliminary Brexit deal boosted market sentiment. While the deal faces opposition from key lawmakers representing Northern Ireland and...
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Thursday's Market Minute: All Eyes On The British Pound
Thursday, October 17, 2019 - 9:42am | 294Read More...The Sterling is getting a lift again today in reaction to news that U.K. Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker reached an agreement for the U.K.’s departure from the E.U. The British Pound, which has been on the move higher amidst optimism headed...
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Johnson Reaches Brexit Deal, But Opposition Party Unimpressed
Thursday, October 17, 2019 - 7:28am | 351Read More...Britain reached a deal to exit the European Union on Thursday, President of the European Commission Jean-Claude Juncker said prior to the commencement of a summit of the Union’s leaders in Brussels. Juncker said in a letter, which was posted on his official Twitter handle, that his...
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Dutch Delight At Brexit Bounty
Tuesday, October 15, 2019 - 12:05pm | 970Read More...Shippers are rapidly relocating distribution and storage capacity to continental Europe ahead of the U.K.'s expected exit from the European Union (EU). Britain is scheduled to ‘Brexit' the EU with no deal on 31 October although multiple outcomes are still possible. However, as reported in...
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GBP/USD: Troubles In The Brexit Tunnel
Monday, October 14, 2019 - 11:06am | 665Read More...GBP/USD has been losing ground as no Brexit breakthrough has been reached. Ongoing talks in Brussels and comments from politicians are set to dominate trading. Monday's four-hour chart is showing that GBP/USD is outside overbought conditions, allowing for further gains. There may be...
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Brexit Update: Queen Elizabeth II Says UK's Priority Is To Leave EU At End Of Month
Monday, October 14, 2019 - 10:26am | 363Read More...Queen Elizabeth II delivered a speech Monday outlining the government priority to leave the European Union Oct. 31. The queen's speech normally marks the opening of a parliamentary session and outlines the government’s proposed policies and legislation for the coming session....
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Sysco Is Growing, But Showing A Mix Of Both Strengths And Weaknesses
Friday, October 11, 2019 - 1:01pm | 1196Read More...A little more than two months ago, SYSCO Corporation (NYSE: SYY) was pegged as a good rally candidate due to its rapidly growing earnings and it is surely an attractive prospect for further research. Strong growth of the Sysco is making many analysts keep an eye on its stock. Being at the heart of...
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Explained: How And Why Brexit Will Reshape Europe's Logistics Landscape
Friday, October 11, 2019 - 10:35am | 1421Read More...The logistics landscape of northern Europe is about to be reshaped, changing the continent-wide flow of goods by all modes, according to Wolfgang Lehmacher, leading logistics consultant and the former head of Supply Chain and Transport Industries at the World Economic Forum in Geneva and New York...
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GBP/USD: Sterling Surging Ahead Of Last-Minute Brexit Talks
Thursday, October 10, 2019 - 11:25am | 703Read More...The Johnson-Varadkar meeting tops the agenda today. GBP/USD has bounced off the lows amid hopes for a US-Sino trade deal. Thursday's four-hour chart is pointing to further falls for the currency pair. Can the EU and the UK strike a deal against all the odds? That is the question investors are...
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Brexit Update: Scottish Court Delays Decision On Extension, EU Negotiator Says Deal 'Difficult But Possible'
Wednesday, October 9, 2019 - 8:43am | 548Read More...Brexit dscussions between the European Union and the United Kingdom are intensifying with 22 days to go before the U.K. is due to depart from the EU. The Scottish Court of Session delayed a decision on whether to sign a letter requesting a Brexit extension if Prime Minister Boris Johnson refuses to...
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New IMF Head: Recession Could Be On The Way
Tuesday, October 8, 2019 - 1:48pm | 491Read More...Brexit, geopolitical fissures and trade conflicts are threatening the global economy, Kristalina Georgieva, the new managing director of the International Monetary Fund, said in a Tuesday speech. Trade growth is nearly flat, and tensions have soured market sentiment, deterred investment and stunted...
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GBP/USD: Brexit Talks On The Verge Of Collapsing
Tuesday, October 8, 2019 - 10:49am | 752Read More...GBP/USD is leaning lower as markets are pessimistic about trade talks. News from ongoing negotiations and speeches from central bankers are on the agenda. Tuesday's four-hour chart is showing that GBP/USD lost uptrend support. "The negotiations will probably end this week. [Irish Prime...
















