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  • The UK has a Brexit extension and here is what the big banks think

    From cnbc.com

    U.K. Prime Minister Theresa May has returned from Brussels with a Brexit extension that pushes the next deadline out to October 31. May has seen her preferred withdrawal from Europe rejected three times already but now has another six-and-a-half months to try to get some form of deal over the line. Whether her government calls a snap general election, works out a softer Brexit or doesn’t even leave the European Union are all still on the table. The possibility of Britain leaving the EU with no deal whatsoever also remains very much alive. After a long night in Brussels, CNBC rounds up the Brexit predictions from ... (full story)

So, in other words, they are in the same exact position that they were in 3 years ago, when Brexit was first created. What a joke.
  •  Guest
  • | IP XX.XX.125.41
You know the line that asks for what you think..
Having read the CNBC article here ... I think most traders will tick the box that says --
"All OF THE ABOVE".
  •  Guest
  • | IP XX.XX.234.204
According to Bloomberg, the market is taking no notice of Brexit Drama.
The Brexit will be postponed indefinitely. The creation of Eurabia shall not be stopped.
UK economic data is still strong, so the pound will most likely strengthen at the back of this extension. I’m long on GBPUSD and EURUSD. My fundamentals also suggests the USD will continue to loose ground against the majors.

Guz
Charts don't drive price, market conditions drive price...
Quoting Guest
According to Bloomberg, the market is taking no notice of Brexit Drama.
At least for now.
Quoting Guest
According to Bloomberg, the market is taking no notice of Brexit Drama.
Only in appearance.
Because too many possible outcomes are still on the table with different amplitudes for the market. They just wait and see.
1. second ref.
2. soft Brexit
3. hard Brexit
4. no Brexit at all
5. general election
...
Member
Quoting Jmexpat
The Brexit will be postponed indefinitely. The creation of Eurabia shall not be stopped.
Macron, Merkel and the totally deluded PC neomarxists in Brussels will soon run out of pampers.

Macron is tryng to derail trade talks between US and EU. to the annoyance on Mrs Merkel and others.

Here in the UK and Erope, pay off time is coming, especially if Brexit Party wins the EU election in the UK, when the elected EMPs will be free to speak for the Brits fedup wth PC & BS comming from Brussells, and that on the top of the other european contries likely to elect more rational EMPs.
Mrs May cannot promise Macron that Brexit Party EMPs will obey her whip, LOL LOL Humiliation, though deserved, will resolve in a nice pay back package from different quartes!
Celebrating discipline.
Quoting 2be
{quote} Macron, Merkel and the totally deluded PC neomarxists in Brussels will soon run out of pampers. Macron is tryng to derail trade talks between US and EU. to the annoyance on Mrs Merkel and others. Here in the UK and Erope, pay off time is coming, especially if Brexit Party wins the EU election in the UK, when the elected EMPs will be free to speak for the Brits fedup wth PC & BS comming from Brussells, and that on the top of the other european contries likely to elect more rational EMPs. Mrs May cannot promise Macron that Brexit Party...
No Brexit would bring about some massive unrest as the world would move closer to globalisation...
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  •  Guest
  • | IP X.XX.4.147
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  • Story Stats
  • Posted: Apr 11, 2019 10:20am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 9  /  Views: 5,102