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  • 1y
    Martin O'Rourke Martin O'Rourke
    See what Saxo Bank CIO and chief economist Steen Jakobsen had to say on May's decision here: https://www.tradingfloor.com/posts/mays-snap-uk-election-could-be-good-for-gbp-investors-saxostrats-8607198
    1y
    Martin O'Rourke Martin O'Rourke
    GBPUSD was just shy of 1.2750 at 1430 GMT, some 200+ pips higher since May made her snap-election call.
  • Article / 10 August 2016 at 10:30 GMT

    Trump not fit to be US president

    Former managing editor, TradingFloor.com / Saxo Bank
    Denmark
    The latest outburst from Republican nominee Donald Trump exposes the Republican's "highly dangerous" nature. The highly controversial candidate has simply gone too far this time.
    Read the article
    2y
    Perspicaciously historical Perspicaciously historical
    I heard one of Trump's closest advisors say that Trump honestly fears for USA if H is elected, bc Hillary has a lifelong track record of accomplishing...
    2y
    Perspicaciously historical Perspicaciously historical
    ....the film documents her non-patriotism, and lack of accomlishments except for self gain---clearly she is unfit to be Pres, and currently the biggest danger America faces, according...
    2y
    evroom1 evroom1
    Trump may be an idiot , but then you display all the same the same type of fear mongering that he does. Hitler, really? Is that...
  • 2y
    fxtime fxtime
    Trump and his inability to grasp international economics and fiscal economics is akin to Farage here in the UK imho....they have the political ineptness that beggars belief...
    2y
    Martin O'Rourke Martin O'Rourke
    Hi Michael, I had a great time in Moscow and, given the developments of the time, was not the worst place to cut the teeth journalistically.
    2y
    Martin O'Rourke Martin O'Rourke
    "Brexit a great thing", Donald Trump tells reporters from the Turnberry golf course.
  • Article / 28 January 2016 at 14:30 GMT

    All in all, the UK is OK

    Managing Partner / Spotlight Group
    United Kingdom
    All in all, the UK is OK
    UK economy grew by 0.5% in the three months to end of December
    The UK's fourth-quarter GDP growth of 0.5% was a small improvement over the third quarter's 0.4%, though full-year 2015 growth of 2.2% was down by 0.7 percentage point from 2014. Despite the slowdown in the annual rate of growth, the British economy is performing reasonably well in comparison with its G7 peers, though uncertainties about the UK's future in the European Union are taking a toll on the economy, the currency and the equity market.
    Read the article
    2y
    vanita vanita
    Dear steve,
    Your views on eurusd and usdcad pairs?
    2y
    Stephen Pope Stephen Pope
    Euro gained against Dollar...it still baffles me why Euro is so high.
    Fed analysis has clearly undermined the Dollar for now. I would still be a seller...
    2y
    vanita vanita
    Thanks Steve
    Take care.
  • Editor’s Picks / 25 October 2015 at 21:12 GMT

    GDP targets, hurdles on agenda at China's top party meeting

    Nikkei Asian Review
    China's Communist Party is gathering for a conference that will focus on the first five-year plan drawn up under President Xi Jinping – the party's 18th Central Committee, or Fifth Plenum for short. The plan, which will set policy to 2020, is being talked up as a blueprint for improving the quality of growth. The world will be watching for GDP forecasts. The current plan assumes growth of 7%, but the next may aim at the 6% range. Real GDP expanded 6.9% in Q3, missing 7% for the first time in years. But pursuing growth alone will not solve China's development problems, such as pollution and income disparities. The plan will need to show a detailed road map for reforms.
    Read article on Nikkei Asian Review
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  • Editor’s Picks / 21 September 2015 at 9:48 GMT

    Tsipras' win is Europe's opportunity

    Bloombergview
    Opportunity often arises from the most unpromising of circumstances, and Alexis Tsipras' emphatic defeat of his political rivals Sunday could be one of those moments, writes Mohamed El-Erian. History is replete with examples of "seemingly unlikely politicians who were catalysts for changes," says El-Erian pointing to president Luiz Inacio da Silva of Brazil and Menachem Begin of Israel as standouts and the immigrant crisis could be just the spark for a new approach to Greece, he says. If Europe can actually strengthen Tsipras' hand by delivering further and consequential debt relief to mitigate the "extraordinary migration pressures," there is also an opportunity to forgive the earlier bailout loans and set Greece up as a front-line port of entry point for the refugees. A policy of enlightened reengagement with the IMF and the ECB is in everyone's interests and could be the key to unlocking austerity's grip.
    Read article on Bloombergview
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  • Editor’s Picks / 14 September 2015 at 12:43 GMT

    What to make of Corbyn's QE gambit?

    The Telegraph
    Newly-elected Labour leader Jeremy Corbyn has said he wants to introduce a 'people's' quantitative easing as opposed to the conventional QE that in the popular misconception came to mean "giving money to the banks," writes Roger Bootle. But, while people's QE might seem to offer a painless and cost-free form of finance via a combination of conventional QE and increased government spending via the issue of gilts, eventually inflation would seep into the system imposing its own cost. Any other stance on this is "delusional", says Bootle.
    Read article on The Telegraph
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  • Editor’s Picks / 30 July 2015 at 13:28 GMT

    EU left ready to fight after Greek lesson

    The Telegraph
    The battleground for a new ideological war in Europe has been drawn between left and right stoked by the EMU elites who "are refusing to shift course," writes Ambrose Evans-Pritchard, with Greece proving to be the harshest of lessons for those on the left. Pablio Iglesias, leader of Spain's extremist Podemos party, has told his supporters that they must be prepared to up the ante after the fate of Greece, temporarily at least, damaged the left wing party's credentials domestically by demonstrating the EMU creditor powers will come down like a ton of bricks on anyone who tries to buck the system. Elsewhere, ex Italian deputy minister Stefano Fassina is calling for "an alliance of national liberation fronts" to counteract the status quo as embodied by Germany, calling for a return to national currencies and an end to the "dead euro". "This is a recipe for a European civil war," concludes Evans-Pritchard.
    Read article on The Telegraph
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