Market Overview

Further to my UPDATES noted on my last post, a massive Head & Shoulders pattern has formed on this GBP/USD Monthly chart...catastrophe awaits as price flirts with the neckline. But, the FTSE 100...

Well, they did it. British voters decided to “declare their independence” from the European Union. But before we start talking in grand terms about self determination, there are some...

This is a truly historic day. The Brexit votes have been tallied and the UK will leave the European Union after 40 years. What started as a political ploy has ended in a lesson. World markets are...

Quite a night, eh, folks? I honestly can’t remember anything like this since the financial crisis, and even then, I think last night was wilder. I actually kept semi-dreaming that the ES had...

Panic, volatility and risk-off best summarized the Friday’s session from the very early hours of trading in London.As Britain voted to Leave the European Union, we watched the pound losing more...

European Opening Calls: Euro Stoxx 50 2830 -208 FTSE 5862 -476 DAX 9575 -682 CAC 4158 -308 The Fallout The surprise “Leave” victory in the UK’s Brexit referendum has changed the...

by William DE VIJLDERUK’s historic vote to leave the European Union is now likely to be followed by a long process of negotiating the exit and the new relationship. Within the...

A truly historic night! Upon closing of the polls it was looking as if the remain camp would prevail, but shortly thereafter we got the first surprise results which showed that the remain camp was...

EUR/AUD Today’s support: - 1.4850, 1.4827 and 1.4802(main), where correction is possible. Break would give 1.4783, where correction also may be. Then follows 1.4754. Break of the latter would...

The global financial markets are rocked by the surprised result of the EU referendum in UK. At the time of writing, the "Leave" camp has already secured the 16.8m vote needed to win the referendum....

The UK's decision to leave the EU spurred a dramatic risk-off move through the capital markets. The dollar, yen, and gold soared. Equities and emerging market assets sold off hard. Core bond yields...

Although the results are not official yet, it seems almost certain that the UK has voted to leave the EU with 96.9% votes counted showing 51.7% in favour of leaving and 48.3% in favour of staying. The...

UK: The UK has voted to leave the EU. The turnout was very high but a lot of political questions remain. We expect the BoE to respond with GBP liquidity and swap lines with major CBs could be...

It’s certainly amusing watching the amazing swings in US treasuries, equities, and the British pound in the wake of counted voted in Newcastle.Pollsters predicted 66.8% for Remain. Instead,...