Never turn your back on a disappointment. It's the understanding of the market's pricing which is the central issue. When you turn your eyes away the very movement you were expecting comes then.

Tories had 'detailed, constructive' talks on Brexit backstop

Protectionist measures are always political and should be rejected always by intelligent voters. Each protectionist measure is an obstacle to economic and social development.

Kudlow says there is a lot of work to do to nail down deal with China on trade ahead of March...

Interesting technical error here in that volatility does require participants to take bets but after so many months of poor information bet momentum is negligible. From experience low volatility can be a precursor to explosive price moves or a long ...

Pound Traders Are Underplaying the Potential Chaos From Brexit

We talked about this outcome of US policies over a year ago (on FF record). So no surprises. The important point is that business today is international with value chains connecting suppliers to manufacturers and service providers across 170 ...

The Sorry State of the World Economy

Danny I've got it says Paddie. The EU wants a hardish soft border and the UK wants a softish hard border. And what's your answer? 50/50.

Brexit: Backstop is 'part and parcel' of the deal, says Michel Barnier

There have definitely been sharply weaker days on occasions which the writer has missed. But as traders we really want to capture how we feel about the GBP now. It is so tantalising now and we know that always means risk. High risk translates to ...

How UK’s Brexit Plan B Vote Could Affect GBP

GBPCHF is up about 6percent from recent lows. I am out now pending some hard news untainted by politics. Story after story is either negative or more blurred than before (on GBP side). Sometimes it feels right to protect your chips even at risk of ...

No-deal Brexit: UK firms 'praying' for article 50 extension, says KPMG

Article has no basis. We had a US financial crisis - huge as Dt would say. The banks were bailed by taxpayers (socialism) and FED took over broken money markets by controlling money supply (socialism) which is ongoing. Inflation is absent but ...

The Fed may be moving closer to ending its rally-killing balance sheet reduction

Cleans up his own mess. His other messes still need attention.

Trump signs bill to reopen the government after record shutdown

Irrelevant

Brexit date could be pushed back by a "couple of extra weeks" - Leadsom

The world of diplomacy has been changed by an emphasis on getting in the face of US opponents. Collateral damage such as Khashoggi, other journalists in the ME and Asia and in the USA itself form part of extensive media attacks by the US. Of course ...

Trudeau's China Envoy Resigns After Comments About Huawei Case

The world of diplomacy has been changed by an emphasis on getting in the face of US opponents. Collateral damage such as Khashoggi, other journalists in the ME and Asia and in the USA itself form part of extensive media attacks by the US. Of course ...

Trudeau's China Envoy Resigns After Comments About Huawei Case

Yes its appropriate for financial systems which are inherently more risky to adopt more conservative regulatory policies. Sadly USA has not followed this wisdom and neither has Switzerland. Financial system risk remains one of several clouds over ...

Reserve Bank extends consultation on controversial new capital rules

Its OK mate. No need to bother.

Trump Says Will Do State Of Union Address When Shutdown Over

Psychologically I feel like folding on a long GBPCHF position because the shock and horror stories for May keep coming esp from Guardian. But the quality of all analysis is pretty unconvincing and I've written before about current strategy. Am ...

Pound Climbs As Labour Backs Measure To Delay Brexit

If there is serious point here it's don't invest in opaque transactions.

Trader says he has ‘no money at risk,’ then promptly loses almost 2,000%

Big picture is Trump is on way out and China will do enough to survive and grow.

WH Econ. Advisor Kudlow: Denies Reports White House Cancelled China Meeting - CNBC

Davos doesn't think.

Davos Doesn’t Think There’s Going to Be a Global Recession

The current President is establishing a very impressive record of shutting things down such as economic growth momentum in the USA and China and therefore Europe and Japan and ...., and such as reforms momentum in fiscal policy, immigration policy, ...

How The US Government Shutdown Affects Data Releases

More downgrades to come. Supports bonds vs equities and USD versus everything else.

IMF cuts 2019 global GDP growth forecast to 3.5% (0.2 percentage points less than it said in...