Tags Posts tagged with "Brexit"

Brexit

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British High Court will rule today on whether the government can begin the formal process of leaving the European Union without a vote in parliament.

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The statistic released yesterday covers the first full quarter since the referendum on the BREXIT.

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While it is possible that Article 50 will not be triggered before the end of 2019, the UK economy has begun to show signs of a post-Brexit slowdown with the publication of updated statistics this month.

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The slowdown in global growth, increasing volatility and instability of the financial markets and the uncertainty surrounding the British decision to leave the European Union no longer seem to affect the FED's decisions.

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The BoE also said it was ready to take additional measures if needed. The decline of the currency is certainly beneficial for exports from the United Kingdom, though it penalizes consumption of imported products.

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While more than 2 million workers from across Europe are working in the UK, the British people went to vote and decided to leave the European Union (51,9%).

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Like the FED, the Bank of Japan (BoJ) left its monetary policy unchanged today, one week from the referendum on Brexit. The BoJ noted that Japan’s economy continued its moderate recovery.

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Brexit offers some unique opportunities for the contrarian trader. In this article I'll explain why I am trading against the crowd and what my trade setup for this momentus event will be.