Brussels fudge for breakfast
The Brussels fudge that May and Juncker have served up this morning has gone down a treat for sterling. The pound is trading up against almost all major partners, and has reached a six month high against the euro. This morning’s deal looks like a classic eurozone can kicking exercise. It’s now clear that Britain […]
Last evening’s price action proves that political risk remains a primary driver for sterling
Last evening’s price action once again showed the extent to which political risk remains a primary driver for sterling. Even though talks on substantive issues of trade have not even begun, and the Irish border remains a stumbling block, these initial signs of compromise from May are a very good sign and have given sterling […]
Ranko BerichRanko Berich is Head of Market Analysis at Monex Europe. He is a respected macroeconomic commentator, combining incisive market insight with a deep understanding of global economic and political events.
Ranko leads our team of analysts, providing commentary and insight on the markets as news breaks.