BREXIT – Hard Exit
Apparently this is what a hard exit looks like. For the FTSE it seems to be a case of coming home and finding all your stuff on the front lawn….
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No Man Is An Island
So said John Donne and the same is true of markets. One of the most fascinating features of trading is that markets at times they display interesting interrelationships and that these relationships tell you something about the underlying emotional state of the market. Below are three markets I am currently involved in and all seem…
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The Year That Was.
It is that time of the year when everyone involved in this business looks in the rear vision mirror and attempts to make sense of what happened. And of course to everyone involved everything is so obvious and predictable. What is worse is that they take this data and attempt to make some form of…
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The Year In Money
Bloomberg have been busy – click the image below to be taken to the full infographic.
The Pounds Long Decline
I am doing a Market Wrap for Talking Trading which I will post a link to ASAP. In looking at the current state of markets I came across the following chart from the WSJ highlighting the long decline in the GBP. The sun has well and truly set on the Empire, it just seems as…
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GBP Flash Crash
The most interesting thing to happen in markets for sometime was the GBP flash crash that occurred last week. I only caught the tail end of the crash as I saw some of my GBP puts leap ten fold in value and then settle back down. Which was followed by me going WTF? was that…
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BIS Triennial Central Bank Survey
I have finally had time to sit down and read this latest missive from BIS. The FX market does seem to be undergoing a little bit of a shift as evidenced by the fall in volumes, the changing role for some currencies and the rise of the renminbi. There are a few interesting take home…
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A Single Chart Says It All
Source – Bloomberg PS: Watch out of the idiot autoplay video on the site
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