All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • Article / Yesterday at 13:19 GMT

    Why it's chocks away for the pound

    Head of Trading / The ECU Group plc
    United Kingdom
    Why it's chocks away for the pound
    Today we review the impact and implication of Fed chair Janet Yellen's testimony, Draghi's 'case for QE' at the European Parliament and this morning's UK GDP data and discuss how these events translate into the currency space.
    Read the article
  • Editor’s Picks / Tuesday at 9:30 GMT

    Tensions high as Greece scrambles to keep rescue deal alive

    The Telegraph
    Greece's radical Syriza government submitted a five-page list of measures to EMU officials in Brussels in time for a deadline on Monday. The list includes an assault on trade union powers that risks setting off a revolt by the movement's Communist and hard-left factions. Further, European officials said the Greek list had run into reservations at its first hurdle with technocrats in Brussels, causing a delay. This is even before it goes to Eurozone finance ministers on Tuesday, where the reception may be frigid. There is pervasive concern that any deal will unravel within weeks even if there is a reprieve now, writes Ambrose Evans-Pritchard.
    Read article on The Telegraph
    Go to post
    2d
    fxtime fxtime
    The term ''frigid'' used above may understate matters. Greece joined the euro under false accounting by the state; negotiations on the prior bailout were drawn out and...
    2d
    Clare MacCarthy Clare MacCarthy
    Spot on, fxtime. And the reception will likely be frostiest in the chillier outer reaches of the EU -Finland and Ireland. The likelihood of collapse only increases...
  • Article / Monday at 10:00 GMT

    Week Ahead: Defence cuts to hurt BAE Systems

    Chief Executive / Prime Wealth Group
    United Kingdom
    Week Ahead: Defence cuts to hurt BAE Systems
    Equity markets mostly ended last week on a high but there were pockets of disappointment among individual shares, particularly among heavyweight industrials. Anglo American and Rolls Royce both undershot expectations and we'll like see other underperformers this coming week, including Centrica and BAE Systems.
    Read the article
  • Trade view / Monday at 8:19 GMT
    Short term

    Negative channels lead EURGBP lower

    Partner at 3 C ANALYSIS
    United Kingdom
    The gradual decline from December’s peak continues with prices ‘hugging’ the lower end of negative weekly and daily Keltner channels. Although net losses were minor last week, the most negative levels since 2007 were posted. Sentiment is oversold but underlying momentum and strength indicators are negative and rallies are likely to be temporary.
    Read the Trade View
  • Editor’s Picks / 19 February 2015 at 14:04 GMT

    Germany rejects Greek bailout extension

    Financial Times
    Germany has rejected a request by Athens to extend its €172bn bailout despite a significant U-turn by the new Greek government, which for the first time on Thursday promised to work on completing the economic reform measures required by the current rescue programme. Martin Jäger, a spokesman for Germany’s finance ministry, said the letter requesting the extension, sent by Greek finance minister Yanis Varoufakis on Thursday, left too many questions unanswered and did not meet demands by eurozone finance ministers to unconditionally agree the terms of the existing rescue, the FT reports.
    Read article on Financial Times
    Go to post
  • Squawk / 18 February 2015 at 9:36 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    UK Data: as strong as it gets. UK employment and earnings data and Bank of England minutes hitting sterling on all cylinders - very supportive. UK 2-year rates are jumping higher amid this data bonanza and the Bank of England's expectations that CPI will rise quickly once the energy effect fades.
    Read the Squawk
  • 18 February
    fred seru fred seru
    I held a long on gbpusd til this morning from last night and i thought gbp could break sprt like it did yest. after looking at eurgbp...
    18 February
    fred seru fred seru
    more continuation on usdjpy, i wonder if eur/Cad/nzd/audjpy will catchUP
  • Article / 18 February 2015 at 8:12 GMT

    FX Update: FOMC minutes to spark USD move

    Head of FX Strategy / Saxo Bank
    Denmark
    FX Update: FOMC minutes to spark USD move
    The USD has either been on the defensive or stuck in the range, depending on the pair in question, as the market can’t seem to find a catalyst to spark a bigger move. Perhaps tonight’s FOMC meeting minutes will provide a shove for the USD view, one way or another.
    Read the article