News

Morning Report: 11 December 2017

GBP G10 FX has had a slow start to the week, and sterling is no exception, trading close to open against most of its major partners after the strength from Friday’s dramatic Brexit developments proved fleeting. This will be a potentially decisive week for sterling, with top tier data releases in the form of inflation […]

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Morning Report: 8 December 2017

GBP Sterling enjoyed a night to remember after a breakthrough in the first stage of the Brexit talks helped the British pound to rally from yesterday’s miasma. European Commission President Jean-Claude Juncker has stated he will tell the European leaders at the European Council meeting next week that “sufficient progress” has been made for the […]

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Morning Report: 6 December 2017

GBP Sterling has continued to sell off over the past twenty four hours, being weighed down by continued Brexit uncertainty. Theresa May’s Government scrambled to recover after Monday’s scuppering of a potential deal on the Irish border by the Northern Irish Democratic Unionist Party, with Brexit Minister David Davis clarifying in Parliament that the phrase “regulatory alignment”, […]

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Morning Report: 5 December 2017

GBP Sterling has once again had an eventful 24 hours, as Brexit negotiations hit yet another snag. The pound rallied powerfully throughout the first half of the day, with various reports indicating that UK Prime Minister Theresa May’s lunch with European Commission President Jean-Claude Juncker would result in the announcement of a provisional deal being […]

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Morning Report: 4 December 2017

GBP Sterling pared its gains from earlier in the week on Friday, and has not shown any signs of regaining momentum this morning. Depending on which headline you’re reading, Theresa May is either on the verge of striking a deal on the Irish border issue, or has failed altogether. The truth appears to be somewhere […]

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Morning Report: 1 December 2017

GBP Sterling had another good day yesterday, extending earlier gains which were driven by overnight political news later in the afternoon and evening. The only major data release was the Nationwide House Price Index, which rose 0.1% in November. No new material news was added to the week’s political developments, which have given sterling a […]

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Morning Report: 30 November 2017

GBP Sterling hit a two month high against USD overnight, as good news on the political front continued to break. After Monday’s reports that a financial settlement had effectively been reached in Brexit talks, The Times reported overnight that a “negotiator” had said a breakthrough on the Northern Ireland border issue was developing. The border […]

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Morning Report: 29 November 2017

GBP Sterling was trading down yesterday, before news emerged in the evening that Britain and the EU have reached a preliminary agreement on the Brexit divorce bill, previously a sticking point in negotiations. The news, if confirmed, would represent a significant milestone in Brexit negotiations, which could then proceed to substantive matters of trade and a […]

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Morning Report: 28 November 2017

GBP Aside from a brief patch of volatility, this morning’s Financial Stability Review and Bank Stress Test results from the Bank of England have passed without incident for sterling. The seven largest lenders tested in the exercise passed the stress test, despite the BoE modelling a doomsday scenario where the domestic economy contracts 4%, global […]

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Morning Report: 27 November 2017

GBP Sterling has shrugged off the weekend’s headlines about ongoing Brexit negotiations to trade broadly flat vs USD compared to Friday afternoon, while avoiding further losses against the euro also. Politics will remain in focus this week, as Theresa May attempts to find a solution to the Northern Ireland border issue ahead of a crucial […]

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Ranko Berich

Ranko Berich

Ranko 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.

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