Archive: April2017

A Family in Feud: Sister of Boris Johnson Joins Lib Dems

28 Apr 2017
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Rachel Johnson, sister of foreign secretary Boris Johnson, has been reported to have joined the Liberal Democrats, in a bid to block Brexit. The journalist for the Mail on Sunday also had talks with the party on the notion of running as an MP for a West Country seat, although she might not have much […]

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Attention turns to GDP releases

28 Apr 2017
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US Dollar
Expected Range 1.2910 – 1.2970
From the US yesterday we saw Core Durable Goods Orders m/m fall more than forecast to -0.2% and Unemployment claims rose unexpectedly to 257K. This poor data did little to impact market movement but will certain…

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Attention turns to GDP releases

28 Apr 2017
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US Dollar
Expected Range 1.2910 – 1.2970
From the US yesterday we saw Core Durable Goods Orders m/m fall more than forecast to -0.2% and Unemployment claims rose unexpectedly to 257K. This poor data did little to impact market movement but will certain…

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North Korea to Face Tougher Sanctions

27 Apr 2017
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The US is preparing to double its efforts in applying pressure on North Korea to scrap its nuclear and ballistic missile programs, by tightening sanctions on the hermit country. Tensions have risen considerably in recent weeks, as North Korea has been increasing its frequency of its nuclear and ballistic missile tests. It is a defiant […]

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Trump backtracks on NAFTA

27 Apr 2017
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US Dollar
Expected Range 1.2885 – 1.2940
The Trump administration dominated headlines yesterday as we were given the first indication of what the Presidents eagerly awaited tax reforms may look like. As predicted, there was very little detail given as …

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Trump backtracks on NAFTA

27 Apr 2017
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US Dollar
Expected Range 1.2885 – 1.2940
The Trump administration dominated headlines yesterday as we were given the first indication of what the Presidents eagerly awaited tax reforms may look like. As predicted, there was very little detail given as …

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EU gets Tough on the UK

26 Apr 2017
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The EU is set to toughen its stance towards the UK, as two of Brussels’ most senior figures head to Downing Street on Wednesday to meet with Theresa May. A new clause in the European Council’s draft negotiating guidelines which is scheduled to be approved at a summit on Saturday, suggests that Brussels will demand […]

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Trump to outline tax reform “concept”.

26 Apr 2017
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US Dollar
Expected Range 1.2800 – 1.2860
Politics dominates the US headlines again with yet another blow to the Trump administration. A US judge has blocked an executive order which outlined plans for specific funding for cities assisting immigrants. T…

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US / North Korean Tensions Rise

25 Apr 2017
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Tension between the US and North Korea is at all-time high, as nuclear submarine, the USS Michigan, docked in South Korea on Tuesday. The submarine, carrying 154 Tomahawk cruise missiles and a crew of 60 special operations troops, is scheduled to rendezvous with the US armada led by aircraft carrier, Carl Vinson, amid fears that […]

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Risk-off approach taken by investors.

25 Apr 2017
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US Dollar
Expected Range 1.2790 – 1.2850
The US calendar started slowly this week with only minor releases having very little impact on the market. As risk sentiment eases from global markets we have seen a small sell off of USD causing the currency to…

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