Most likely hard Brexit and GBP/USD going below 1.20. It was funny how everyone was bullish on Europe and EM last year, now both markets in a deep territory.
Its the Trump Trade War Stupid!
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European stocks set to dip as investor sentiment remains cautiousEuropean markets are expected to open in negative territory on Thursday as investors remain cautious in the face of Brexit and Italy budget difficulties in Europe, and wider geopolitical tensions.
Source: CNBC - 🏆 12. / 72 Read more »
European stocks weighed by trade worries, regional politicsEurope stocks weak Tuesday as investors remained focus on concerns surrounding coming trade talks at the weekend between China and the U.S., and Brexit and Italy worries.
Source: MarketWatch - 🏆 3. / 97 Read more »
UK financial services industry moves $1 trillion in assets to Europe due to Brexit, survey saysFinancial services companies have moved assets worth $1 trillion from the U.K. to the rest of Europe since the Brexit referendum, a new study from audit firm EY estimates. Interesting The EU have hindered and restricted the UK’s superior finance sector for generations. Brexit is putting an end to that. This article, doesn’t tell the whole story - as the UK’s finance sector will flourish under domestic laws and regulations. This is a TINY fraction of the overall amount of business & companies assets flowing through Londonistan get a grip just like today’s peddle bollocks your car insurance is going up due to BREXIT fcuking unbelievable n laughable crap despitebrexit
Source: CNBC - 🏆 12. / 72 Read more »