Cable Update (GBPUSD)

There isnt zero tariffs though. Think about what sort of protectionist tariffs are included in the CAP scheme? Or to protect German industry from companies outside of the EU. Or the designation of Champagne.

If the EU was just a blanket free trade area with common standards on critical areas, then I dont think people would have voted for Brexit.

...given the current pessimism, if their is an announcement that the talks are back on then it can probably be assumed that Von Der Layen (etc) and Johnson had productive talks today / over the w/e and they have made some progress at least sufficient to keep talking via Frost/Barnier with new/amended instructions. I wonder how the market will view this - most likely a 'relief' move to the upside for whatever duration. @ fri's close price was still only 100pips or so off the 3539 hi weekly hi.

I know it's been brewing for 40 years + (well since Uk Pm Heath took us into Europe, after De Gaulle vetoed us a couple of times,) but I wonder which bright spark it was that first said 'let's walk away from the largest consumer market in the world less than 30miles away across the channel and strike up agreements with countries half way around the world.' (D'oh.) All this because of this post imperial little englander false belief in British superiority over 'johnny foreigner,' and the inability of our politicians to adapt our economy and society sufficiently to open borders and globalisation, and the likely effects of immigration, even those who are pro-europe.

Steamroller that maybe so to a degree, the net gains are still far superior being a member and always will be...

put it all into the context of there isn't gong to be a market elsewhere that appears out of nowhere for your goods and services that fills the gap of what we have in the UK with the EU.

"We'll just do business elseewre"

How simplistic is this view ?

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Bones another stock for you, N4P LSE listed, did 60% on Friday, expect it to keep going... they are developing a product that means vaccines don't have to be stored in extreme temperatures & easier to distribute.


"Demonstrating that Nuvec loaded with a plasmid DNA can be dried, stored at convenient temperatures and reconstituted without any drop in transfection is a significant step forward in our formulation development work.

"The recent success of Pfizer and Moderna with an mRNA Covid-19 vaccine shows the potential for nucleic acid vaccines. However, it also highlights that these vaccines have certain limitations, in that they often require extreme storage conditions.

"Although vaccine efficacy is predominantly determined by the selected nucleic acid antigen, having a stable, easy to store and easy to use vaccine is crucial in helping vaccine acceptance and uptake. A formulation stable at room temperature or even refrigerated can represent significant cost savings in vaccine transportation, storage and administration. We believe, to the extent that Nuvec as a delivery platform can provide a solution in this area, it could be of significant interest to multiple vaccine developers.

"Work will continue in this area and will add to the breadth of proof of concept data we are building for the use of Nuvec as a delivery system for vaccines and cancer treatments."

A heads up for anyone interested.

That divorce treaty would make a good door wedge ,ban uk fish would lead to a ban EU fish when again Uk is the importer overall.
you're area looks like mine I'm about 40 min off London
down the road from me it was nearly 70-30 and Dover isn't far from that
yet many are worried for us


"The UK is a net importer of fish, with imports exceeding exports. The UK’s trade gap in 2019 for sea fish is 270 thousand tonnes"

You know why tho mate for the majority.. based on lies from fishing and the government saying they will match the levels of financial gain Cornwall got from the EU which has already turned out to be complete bolloks, both lies.

Bojo, Driven by Ego - Doomed to fail.

there is a xau thread on the "metals mine" site

https://www.metalsmine.com/thread/22...silver-traders

not as busy as here though.

I doubt Conwall got anything directly ,just like all the south, which probably explains a lot of the vote.The clear divides.
You tell me why Wales voted leave ??
lies both side for sure

The media spinning the likelihood of a deal again, I would imagine we will know no more at the end of this weekend than we do now, talks will remain ongoing.

Cornwall has received over 1 billion euros from the EU since the year 2000 which has helped fund jobs, local businesses, infrastructure, training and research.
Beneficiaries include the Combined Universities in Cornwall, Newlyn Fish Market, the Jubilee Pool in Penzance, the Camborne – Pool link road, the Eden Project, Superfast Broadband, and recently the new Penzance Heliport but there are many more (see links below). It has created more than 31,000 jobs and supported more than 26,000 businesses. Cornwall had been on course to receive another £350m for the next round of funding from the years after 2020.
Here are just a few of the recipients of EU funding in Cornwall and the amounts they received:

1. Newlyn Fish Market £1.3m
2. The Eden Project £26m+
3. Cornwall Airport Newquay £40m+
4. Combined Universities in Cornwall £173m
5. Superfast Cornwall (Broadband) £53.5m
6. Hall for Cornwall £2.1m
7. A30 Improvements £20m+
8. Innovation Centres (Pool, Tremough & Health & Wellbeing Treliske)
9. Aerohub Enterprise Zone £4.4m
10. Cornwall Business Start-Up £5.9m
11. Cornwall New Energy £2.7m
12. Cultivator Business Support £1m
13. Engagement and activity for the unemployed £12.9m
14. Unlocking Cornish Potential (UCP) £8m+
15. Export for Growth £2.4m
16. Family and Community Essential Skills £500k
17. Financial Readiness Project £3m
18. Heartlands Project £2.8m
19. Integrated Territorial Investment (ITI) Support Team £1.9m
20. Invest In Cornwall £1.7m
21. Isles of Scilly Technical Assistance £500k
22. Isles of Scilly Voucher Scheme £1.4m
23. Jubilee Pool, Penzance Geothermal Heat Project £1.5m
24. Launchpad (Graduate start-up scheme) £9.8m
25. Outset Cornwall (Business Start-ups) £3.4m
26. Local Manufacturing Advisory Program £124k
27. Skills for Young People £1.3m
28. St Erth Multi Modal Hub (Transport Hub) £5.4m
29. Superfast Business £3m

oh ,yes lol

You realise thats our money we sent to EU then they sent half back where they think is right .
Do you see anything wrong in the whole idea ,we couldn't figure that out ourself.

They take our money into a central pot, send 60-70% back as EU Grant's and slap a EU logo on it for propaganda purposes.

CANZUK is an acronym for the theoretical cultural, political, and economic community comprising Canada, Australia, New Zealand and the United Kingdom as part of an international body similar in scope to the former European Economic Community.

I think you would be up for the idea of Canzuk and that really proves it's not a little Englander attitude

Happy to join any "trade organisation" with any country or block in the world. I just don't like the baggage of the EU as I cant vote the buggers out. Well short of a referendum.

Another UK investment for anyone with the know how:

TEK capital (this is my most consistent investment atm, also holding N4P but will trade out before COP next week quantifyi value is a while off ... TEK will hold for 3/6/12 months).

Basic run down (This will go to 50p in the next few months - currently 15p to buy, started buying back in this past week)

Spoke to the CEO Clifford on the phone about 18 months ago. TEK is an investment company searching out University developed technology and funds them through to market, with feet in 6 ‘potentially’ very disruptive markets.

Although a speculative play, very good reason to believe up to three of the companies investments could do very well from here, having bought in at 11.5p on Monday after the recent news regarding Belluscura (17.8% holding for TEK) near to being granted FDA clearance on their portable oxygen concentrator, when I spoke to Clifford on the phone he envisaged that the Belluscura would look to selling the technology after FDA clearance. In the medium term Belluscura is looking at listing on the LSE which would help TEK’s 17.8% holding find its fair valuation, this is years in development and TEK have done an incredible job managing t retain such a high % of this kind product. website:Investors | Belluscura

Two of their other investments are also showing really positive developments…

TEK announced recently that a global snack brand (reason to believe it may be Pringles) has entered into stage two trailing the companies Micro salt… A product that claims to be salt that due to manufacturing processes enables the same taste levels as normal salt but with 50% less sodium. I guess we will find out if they believe these claims to be true but somewhat reassured due to them entering into the next stage of testing, on consumers.

Guidant another of the investments has bought various patents within the Electric car and Autonomous Car market… When I spoke to Clifford this seemed such an outsider that the likely hood of it doing well was very slim… However, recently having purchased new technology, regenerative shock absorbers, Guidant has since signed 2 NDA’s with listed car manufacturers for the testing of this product on the market.

For those that don’t know what regenerative shock absorbers are (won’t lie, neither did I): A regenerative shock absorber is a type of shock absorber that converts parasitic intermittent linear motion and vibration into useful energy, such as electricity. Conventional shock absorbers simply dissipate this energy as heat. (Serious shit for a £13m cap company).

We can only hope that one of the "Listed" companies trailing the absorbers turns out to be Tesla, but either way, over the longer term a seriously disruptive technology that could find its way into every Electric car of the future. (perhaps even, Bike, scooter, maybe even a washing machine, all tech is patented and TEK own 90% of this company, it is well UTR)

The technology received the R&D 100 Award by R&D Magazine, for one of the 100 most significant technology innovations of the year from around the world.


Professor Lei Zuo, the lead inventor of the patent, and the director of the National Science Foundation Center for Energy Harvesting of Materials and Systems. Said, "I'm very glad Guident is commercializing this important and highly efficient new technology, which will enable vehicles to be more sustainable by increasing their driving range and improving their ride comfort."

"Electric vehicle manufacturers are seeking to cost-effectively increase the driving range of their vehicles. Recapturing a vehicle's kinetic energy through regenerative shock absorbers could contribute to this objective and thus move the world toward increasingly energy efficient mobility." said Ron Tarro, director, and vice president, investment sourcing and screening, New World Angels.

"We are very excited to announce the acquisition of the exclusive rights to this remarkable technology and we're immediately moving forward to fabricate regenerative shock absorbers for testing by leading automotive companies," says Harald Braun, Chairman & CEO of Guident.

University Technology Transfer Services - Tekcapital

An extremely forward thinking business model where by he/clifford set up "Consultancy" company to help Uni tech come to market/find its feet & now is cashing in on it. Clever A F. Vortechs Group - Tekcapital

hi guys.i need momentum and ema 10 cross indicator.does anyone have? thanks

You are right of course, stimulus (and general expectations of future Biden presidency) may continue to be priced in, we don't know how much is already reflected. USD may continue to slump. We are guessing here, and relying on the technical picture.

It is more clear with no-deal Brexit: you can see that GBP is quite high against most currencies. Also, if you paid attention to GU behaviour, you should have seen that negative Brexit news were always quickly bought, showing that market does not believe in a catastrophic scenario. You can also look at the betting odds that still show 15-25% derived probability.

Talking about downward targets, I don't think we here in the UK would be half as agitated about no deal if we expected GU to slump just to 1.3 (and EG, say, to 0.95). This would be just a first stop, achievable in a week easily. No, we look at the possible economic implications and if not expect, then fear much, much worse. I myself would not be surprised neither by 1.2, nor by 1.14, nor even by parity. Living in the UK, I hope never to see these levels in my life. But panic is a powerful catalyst of market movements, and we are bound to see panic next year.

Meanwhile, Johnson and von der Leyen kicked the can again, and negotiators will gather yet again tomorrow.

Well, people were trying to square the circle for thousands of years, another two days of futile negotiations is not that much.

How's life and profits???


Is that one you forex wizards

The banks have been pricing in a deal - if there isn't any- as it would seem - expect some pain
Lots of hedging in place in the options market though

The problem with the EU and a no deal, is they have a big family to look after