|All Industries Activity (m/m)||Nov 21 04:30|
Everything else equal, what's the trade? That's the question we pose as markets drift in a holiday-shortened week. The pound was the top performer while the euro lagged. The RBA meeting minutes are up next. A 2nd EUR trade was issued today with 3 charts & notes as part of the "EUR Tactical Set-up".Read More...
Sterling and euro are in the news for different reasons with the former gaining on improved prospects of an agreement on the Brexit bill and the latter undergoing volatility in Asian trade after German coalition talks collapsed following the Free Democratic Party's walking out of the exploratory talks. More strikingly is the euro's recovery of all its 70-pip decline in London trade amid the realisation that any delayed would fail to derail the economic recovery in Germany and rest of the Eurozone. A new Premium Insights trade/note on the euro will be issued later today.Read More...
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