Market Analysis

Markets are starting the European session on the back of solid gains from the US and Asia overnight. The rally was fuelled late in the US session by a report that the US was contemplating lifting tariffs on China in an attempt to break the stalemate in trade negotiations. ...Read More

Yesterday the UK Parliament voted on Labour’s proposal of no confidence in the Government. The motion was defeated by a narrow margin but it does however give the Government a victory and a mandate to continue to pursue the implementation of Brexit. The market are now pricing in a Brexit delay as the more likely outcome. ...Read More

The parliaments vote on PM May’s Brexit deal yesterday was a resounding defeat for the Prime Minister, with a losing margin of 230. It has prompted a call by the leader of the Labour Party for a vote of No Confidence in the government, which will take place this evening. A loss, however unlikely, would trigger a general election. ...Read More