That is the key question for the market today after the bounce yesterday
Nasdaq and S&P 500 futures are down by ~0.5% now ahead of North American trading.
Nasdaq and S&P 500 futures are down by ~0.5% now ahead of North American trading.
Schlagwort-Archiv: Currency
EU’s von der Leyen: Very concerned about UK intentions to breach Brexit withdrawal agreement
European Commission president, Ursula von der Leyen, tweets her response
Very concerned about announcements from the British government on its intentions to breach the Withdrawal Agreement. This would break international law and undermines trust. Pacta sunt servanda = the foundation of prosperous future relations.
Very concerned about announcements from the British government on its intentions to breach the Withdrawal Agreement. This would break international law and undermines trust. Pacta sunt servanda = the foundation of prosperous future relations.
UK PM Johnson: Internal market bill is to protect against irrational interpretations of NI protocol
Comments by UK prime minister, Boris Johnson, in parliament
– A border down the Irish Sea would hurt UK interests
The pound is dribbling lower as traders are digesting the headlines, with cable now down to a session low of 1.2900. I would argue that the EU response is very much the key factor now, as the
– A border down the Irish Sea would hurt UK interests
The pound is dribbling lower as traders are digesting the headlines, with cable now down to a session low of 1.2900. I would argue that the EU response is very much the key factor now, as the
EU’s Šefčovič: We made it clear that Brexit withdrawal agreement is not open for renegotiation
The first of the EU responses is coming in
– Still expects Brexit withdrawal agreement to be fully respected
– Best course of action is to call as quickly as possible an extraordinary meeting to get the reassurances needed following UK legislation
For some background, Šefčovič is the European Commission vice president of interinstitutional relations and foresight. I
– Still expects Brexit withdrawal agreement to be fully respected
– Best course of action is to call as quickly as possible an extraordinary meeting to get the reassurances needed following UK legislation
For some background, Šefčovič is the European Commission vice president of interinstitutional relations and foresight. I
Brexit: UK legislation to state ministers can take into account the need for NI goods to enjoy unfettered access to the rest of the UK
Reuters reports, citing a copy of the UK internal market bill
UK legislation said to acknowledge that some powers conferred may be inconsistent with international law
Reuters reports, citing a copy of the UK internal market bill
– Ministers may make provision about the application of exit procedures to goods, or a description of goods, when moving from Northern Ireland to Great Britain
Essentially, it is as what has been reported before but just that this is confirmation that under the bill, UK
– Ministers may make provision about the application of exit procedures to goods, or a description of goods, when moving from Northern Ireland to Great Britain
Essentially, it is as what has been reported before but just that this is confirmation that under the bill, UK
ForexLive European FX news wrap: Risk aversion strikes, Brexit woes weigh on sterling
Forex news from the European trading session – 8 September 2020
Headlines:
Markets:
– USD and JPY lead, GBP lags on the day
– European equities lower; E-minis down 0.8%
Headlines:
Markets:
– USD and JPY lead, GBP lags on the day
– European equities lower; E-minis down 0.8%
US August NFIB small business optimism index 100.2 vs 99.0 expected
Latest data released by NFIB – 8 September 2020
It will be difficult to change euro upward trend despite ECB concern – Nomura
The firm argues that the euro’s upside potential remains intact
Nomura says that while ECB policymakers expressing concern about euro strength may put short-term downward pressure on the currency, it will be difficult to alter the upward trend that is already in place.
Nomura says that while ECB policymakers expressing concern about euro strength may put short-term downward pressure on the currency, it will be difficult to alter the upward trend that is already in place.
Dollar, yen keep firmer as risk assets shudder
The classic risk-off tale in markets today
It feels like it has been a while since we last saw such moves in the market play out, but the day so far is all about the risk-off mood as we await the return of North American traders – Wall Street in particular – after the long weekend.
It feels like it has been a while since we last saw such moves in the market play out, but the day so far is all about the risk-off mood as we await the return of North American traders – Wall Street in particular – after the long weekend.