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Brexit Myths Debunked

November 1, 2017 Craig Erlam 0

It’s been seven months since the U.K. triggered the two-year countdown to Britain’s exit from the European Union, but the path to Brexit remains murkier than ever as officials contradict each other.U.K. Prime Minister Theresa May voted to Remain but now pledges to deliver Brexit, while opposition leader Jeremy Corbyn’s views on the EU are ambivalent […]

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EUR Looking Bearish in Many Pairs (Video)

November 1, 2017 Craig Erlam 0

The most active pairing in the Euro is definitely the EURGBP. Brexit, ECB and BoE are all in the mix. Craig Erlam, Senior Market Analyst for Oanda discusses the technical layout of the currency and suggests that the Euro was overstretched leading in to the ECB meeting. However this is what was expected by the […]

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UK Mortgage Lending and Consumer Credit Maintain Momentum in September

October 30, 2017 Craig Erlam 0

Britain’s housing market and consumer economy kept most of their momentum last month, lending figures from the Bank of England showed on Monday, leaving the central bank on track to raise interest rates for the first time in more than a decade on Thursday.A crane is seen above some high rise building construction works at […]

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Markets Poised For Busy Week

October 30, 2017 Craig Erlam 0

Central Banks Feature Heavily as Trump Readies Fed Chair Announcement It’s been a relatively calm start to trading on Monday but that isn’t likely to last long with the rest of the week packed full of major economic and political events that should ensure markets remain quite volatile. With the Federal Reserve, Bank of Japan […]

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Abe Remains Unpopular Despite Landslide Victory

October 23, 2017 Craig Erlam 0

Japanese Prime Minister Shinzo Abe won a key parliamentary election despite broad unpopularity among voters. But the electoral triumph isn’t expected to boost his ratings.A lack of a strong opposition helped his ruling coalition government, led by the conservative Liberal Democratic Party, retain its super majority in the lower house of parliament on Sunday. That’s […]

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Puigdemont Accuses Madrid of “Worst Attack Since the Dictatorship of Franco”

October 23, 2017 Craig Erlam 0

The Spanish Prime Minister’s move to take back some powers from Catalonia is the “worst attack since the dictatorship of Franco”, says the region’s leader.Carles Puigdemont was reacting to Mariano Rajoy’s announcement that he has approved implementing the previously unused Article 155 of the country’s constitution to assume control of the region to thwart secession […]

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UK and EU Not Even Half Way There on Brexit Bill

October 20, 2017 Craig Erlam 0

French President Emmanuel Macron said on Friday that work on settling Britain’s financial obligations to the EU when it leaves was not even halfway done.He said more than half the work remained to be completed on the crucial issue of Britain’s exit bill and that discussions could not move to the next phase on the […]

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