Although the clocks went forward, they did not shed any fresh light on Brexit. The stalemate continued and the EU granted an extension to Article 50 until Halloween, by which time the clocks will have changed again and we’ll probably still be in the dark.
The UK and the EU have agreed to extend the Brexit deadline until October 31, 2019, from April 12, 2018. Initially, it was thought that the EU was thinking of extending the deadline until June 30.
The Federal Reserve delivered a very dovish surprise at its monetary policy meeting in January, signalling that its current interest rate hike cycle that began in late-2015 could be at… read more →
January can be summed up by what we didn’t find out rather than what we did. In the UK, we had all expected to finally know what the prime minister’s… read more →
When the United Kingdom went to vote on the Brexit referendum in 2016, most people assumed that a decision to leave the European Union would have an effect on the… read more →
As a forex trader, it should already be routine for you to check the news every day for the latest in foreign currency price moves. “Blink, and you’ll miss it”… read more →
Where is the economy? Last year GDP in the UK was 2.5% and many question whether it will remain at the same level this year amid high levels of uncertainty.… read more →