Last Updated: 06:07 GMT Wednesday, 16 Oct. 2019

US Retail Sales and Brexit negotiations amongst market movers today - Danske Bank

FX Street   |   Wed, 16 Oct 2019 06:03:12

Brexit talks drag on as key UK PM Johnson ally threatens hold-out - Bloomberg

FX Street   |   Wed, 16 Oct 2019 05:48:20

GBP/USD levels to watch as a Brexit deal seems imminent - Confluence Detector

FX Street   |   Wed, 16 Oct 2019 05:40:45

Brexit Concerns Blowing A Gale Across Nervy Falklands

It may be a remote archipelago 8,000 miles (13,000 kilometres) from mainland Britain but the Falkland Islands' incredible biodiversity, as well as fishing and meat exports, are under threat from Brexit.
IBTimes   |   Wed, 16 Oct 2019 05:37:53

GBP Futures: further upside hinges on Brexit

FX Street   |   Wed, 16 Oct 2019 05:31:45

Forex Today: Boris on the brink of a Brexit deal, trade concerns reemerge, US Retail Sales eyed

FX Street   |   Wed, 16 Oct 2019 05:29:36

News Daily: Brexit talks and Harry Dunn parents' meeting

Your morning briefing for 16 October 2019.
BBC   |   Wed, 16 Oct 2019 05:21:52

Europe Inc's recession expected to deepen as third-quarter earnings outlook deteriorates: Refinitiv

Europe's corporate recession is expected to deepen, according to the latest forecasts, as companies struggle with uncertainties from Brexit and the protracted U.S.-China trade spat and Germany's manufacturing recession.
Reuters   |   Wed, 16 Oct 2019 05:20:53

Brexit: Resolving no-deal risks at UK borders may be 'out of government's control', watchdog says

Ministers admit border would be 'less than optimal' for a period of time after no deal
Lizzy Buchan / The Independent   |   Wed, 16 Oct 2019 04:28:14

Forex Today: Hong Kong bill reignites risk-off, Brexit, Fedspeak on traders' radar

FX Street   |   Wed, 16 Oct 2019 04:21:09

US House backs HK, Brexit pressure, IMF outlook

The US House of Representatives passes an act voicing strong support for Hong Kong pro-democracy protesters
FT   |   Wed, 16 Oct 2019 04:01:00

Trump, Brexit and America's shrinking role

Gideon Rachman discusses the similarities between the Brexit and Trump phenomena and...
FT   |   Wed, 16 Oct 2019 04:00:00

Macron, Merkel Meet To Harmonise Positions Before EU Summit

France's Emmanuel Macron will hold talks Wednesday with Germany's Angela Merkel for the second time in a week to chart a united front on issues ranging from Brexit to Syria ahead of this week's EU summit. Macron goes into the two-day meeting in Brussels starting Thursday still smarting from the ...
IBTimes   |   Wed, 16 Oct 2019 03:47:55

GBP/USD: Above key hurdle for first since May on Brexit optimism

FX Street   |   Wed, 16 Oct 2019 03:45:38

Brexit: Talks enter last day before crunch EU summit

Brexit negotiations enter a key 24 hours, as EU leaders prepare to meet at a summit in Brussels.
BBC   |   Wed, 16 Oct 2019 03:33:44

Sterling Holds Ground As Brexit Hopes Rise, Equities Rise

The pound held most of its gains Wednesday after hitting a five-month high on growing hopes that Britain and the EU are close to a Brexit deal, while equity markets remained buoyed despite signs of fresh China-US tensions over Hong Kong. Sterling surged Tuesday as negotiators voiced optimism that they ...
IBTimes   |   Wed, 16 Oct 2019 03:07:34

EU, UK Seen Closing In On 'Possible' Brexit Text

Brussels hopes to wake up to a Brexit breakthrough Wednesday as EU and British negotiators worked hard through the night on a draft agreement.
IBTimes   |   Wed, 16 Oct 2019 02:54:03

Asian shares tick up, sterling off five-month peak as crunch Brexit talks eyed

Asian shares inched higher while sterling came off five-month highs in volatile trade on Wednesday as investors looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union.
Reuters   |   Wed, 16 Oct 2019 02:46:10

Gold edges higher as Brexit uncertainty spurs safe-haven bid

Spot gold was up 0.2% at $1,484.49 per ounce as of 0130 GMT
Reuters / Financial Express   |   Wed, 16 Oct 2019 02:43:06

Oil prices edge higher on potential Brexit deal; OPEC signals of possible cuts

Global benchmark Brent crude oil futures had risen 11 cents to $58.85 by 0103 GMT, up about 0.2% from the previous day's close.
Reuters / Financial Express   |   Wed, 16 Oct 2019 02:32:19

Brexit Bravado Begets Boris Bounce

It may still tease and disappoint us, but it seems increasingly likely that an acceptable draft Brexit agreement may emanate from the corridors of power in Brussels shortly. It will set off a flurry of political activity in the UK and Europe to get it over the line ahead of ...
Jeffrey Halley / OANDA   |   Wed, 16 Oct 2019 02:24:57

Global markets: Asian shares cheered by Brexit deal hopes, sterling shines

Officials and diplomats involved in negotiations over the acrimonious divorce between the world's fifth-largest economy and its biggest trading bloc said that differences over the terms of the split had narrowed significantly.
Reuters / Financial Express   |   Wed, 16 Oct 2019 02:19:18

Daily Markets Broadcast 2019-10-16

Daily Markets Broadcast 2019-10-16 Wall Street rises on earnings, Brexit optimism The US reporting season got underway with banks managing to match expectations, though with a damped outlook. Negotiators say they are getting closer to a Brexit deal, though many "gaps" still remain. These two factors helped Wall Street to ...
Andrew Robinson / OANDA   |   Wed, 16 Oct 2019 02:06:19

With days to go, Brexit still remains a mystery

UK Prime Minister Boris Johnson has made it very clear via his public statements that Great Britain will be leaving the European Union, one way or another, at the end of this month.
Bangkok Post   |   Wed, 16 Oct 2019 02:00:00

Confidence dives to 21-month nadir

Business sentiment plunged to the lowest level in 21 months in September as the sector fretted over the ongoing trade war, the Brexit impasse and the PM2.5 dust particle problem.
Bangkok Post   |   Wed, 16 Oct 2019 01:22:00

Asian shares cheered by Brexit deal hopes, sterling shines

Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit though it remained unclear if London could avoid postponing its scheduled departure on Oct. 31.
Reuters   |   Wed, 16 Oct 2019 00:51:40

Markets rise on hopes for Brexit deal

Markets were mostly higher on Tuesday. The S&P 500 rose 1.0 percent, the STOXX Europe 600 jumped 1.1 percent and the Nikkei 225 surged 1.9 percent. Investors were cheered on Tuesday by a report that an agreement over the UK's exit from the European Union is close. "One by one ...
Unknown / Skeptical Speculator   |   Wed, 16 Oct 2019 00:45:00

UBS quantifies Brexit

Via UBS: Brexit crossroads: Possible paths ahead and their impacts on assets Things have been very fluid in the last 24 hours, but we believe markets still ascribe a low probability to a Brexit deal by end-October. Beyond that may loom new negotiations and elections, potentially a final turn in ...
Houses and Holes / MacroBusiness   |   Wed, 16 Oct 2019 00:00:16

GBP/USD pulls back from multi-month top amid mixed Brexit news

FX Street   |   Tue, 15 Oct 2019 23:39:52

Sterling jumps to highest since May on Brexit deal hopes

Sterling surged on Tuesday to its highest level against the dollar and the euro since May while British stocks and government bond yields also rose after Bloomberg said British and EU negotiators were closing in on a draft Brexit deal.
Reuters   |   Tue, 15 Oct 2019 23:36:41

UK border risks snarl up in no-deal Brexit - audit office

The United Kingdom's border risks being snarled up in a no-deal Brexit because as few as 30 percent of traders are prepared, the European Union would introduce controls and organised crime groups would exploit weaknesses, the National Audit Office said.
Reuters   |   Tue, 15 Oct 2019 23:30:59

Boris Johnson's fledgling Brexit deal causes major split among Tory hardliners

FX Street   |   Tue, 15 Oct 2019 23:25:45

Have UK voters changed their minds on Brexit?

Where do voters stand on Brexit, after more than three years of debate and negotiation?
BBC   |   Tue, 15 Oct 2019 23:22:30

Brexit: What can the UK learn from Norway's EU border?

Norway's border with Sweden - and the EU - is a potential hotspot for smugglers. How is it policed?
BBC   |   Tue, 15 Oct 2019 23:19:29

Brexit talks: A message to UK from Central Europe

The BBC's Bethany Bell speaks to politicians about Brexit ahead of the EU summit this week.
BBC   |   Tue, 15 Oct 2019 23:05:18

The Papers: Johnson 'on brink of Brexit deal' amid late talks

Wednesday's papers focus on the PM's Brexit proposals and how any deal could be received by MPs.
BBC   |   Tue, 15 Oct 2019 23:03:26

No-deal Brexit could cut UK-EU trade flows by half

Audit office predicts 30-60 per cent of hauliers will not have appropriate documentation
FT   |   Tue, 15 Oct 2019 23:02:51

Criminals 'could exploit' no-deal Brexit gaps

With two weeks to go, the National Audit Office warns governments and firms are not fully prepared.
BBC   |   Tue, 15 Oct 2019 23:02:15

Macro Morning

By Chris Becker The prospect of a potential Brexit deal and the partial US-China trade deal took stocks to a four week high despite the ongoing Turkish/Syria tensions. US Treasury yields jumped, pushing US stocks higher while commodity prices slipped as the USD was largely unchanged as Pound Sterling jumped ...
Chris Becker / MacroBusiness   |   Tue, 15 Oct 2019 22:00:54

Brexit deal talks continue late into the night as deadline looms

Boris Johnson is locked in over a Brexit deal, trying to convince MPs to back his plans while negotiators worked late into the night in Brussels.
Sky   |   Tue, 15 Oct 2019 21:43:00

Brexit deal within reach in last-ditch talks, but doubts remain

Britain and the EU made headway on Tuesday in last-ditch talks on a Brexit deal ahead of a leaders' summit, but with just hours left to clinch an agreement it was still unclear if London could avoid postponing its scheduled departure on Oct. 31.
Reuters   |   Tue, 15 Oct 2019 21:31:30

Brexit supporter Paterson says emerging deal is 'unacceptable' - The Sun

Brexit supporting Conservative lawmaker Owen Paterson said Prime Minister Boris Johnson's emerging European Union divorce deal was "absurd" and The Sun newspaper reported.
Reuters   |   Tue, 15 Oct 2019 21:31:15

'Large proportion' of traders not ready for no-deal - watchdog

A "large proportion" of traders and businesses will not be ready for new customs and regulatory controls enforced under a no-deal Brexit, a watchdog has warned. 
Sky   |   Tue, 15 Oct 2019 21:27:00

Brexit: Talks continuing amid claims deal is close

Downing Street plays down the chances of an imminent breakthrough amid reports the sides are close to agreement.
BBC   |   Tue, 15 Oct 2019 20:23:32

Stocks jump, government bonds sell-off on Brexit draft deal hopes

FT   |   Tue, 15 Oct 2019 20:20:31

DUP says more work needed on PM Johnson's Brexit plan, gaps remain

The small Northern Irish party supporting Britain's minority government said further work was required on Prime Minister Boris Johnson's Brexit deal because gaps remain over what they can sign up to.
Reuters   |   Tue, 15 Oct 2019 20:20:07

Forex Today: Brexit hopes boosted Pound and mood

FX Street   |   Tue, 15 Oct 2019 20:19:44

Brexit: Lib Dems table second referendum amendment to force Boris Johnson to allow new vote

If amendment is selected, MPs will vote on the bid next week
Lizzy Buchan / The Independent   |   Tue, 15 Oct 2019 20:03:08

Brexit: PM Johnson calls mass meeting of the 1922 committee of Conservative backbenchers

FX Street   |   Tue, 15 Oct 2019 20:02:34

Getting Brexit done? It's already cost UK economy almost £70bn, new report says

Figures emerge just days ahead of massive march to demand a Final Say referendum on any deal Boris Johnson gets with EU
Andrew Woodcock / The Independent   |   Tue, 15 Oct 2019 20:01:23

Boris Johnson ‘on brink of Brexit deal’ after concessions on Irish border

British Prime Minister Boris Johnson appears to be on the brink of reaching a Brexit deal after making major concessions to EU demands over the Irish border.A draft text of the agreement could now be published on Wednesday if Downing Street gives the final green light, according to senior EU ...
The Guardian / South China Morning Post   |   Tue, 15 Oct 2019 19:52:31