A bit later Then Normal
Brexit Deal between U.K. and EU has been reached but not voted on by UK parliament and Northern Ireland. The GBP has been whipped sawed higher then lower on the conflicting Headlines .A handful of tweets/headlines from ITC markets:
-@JamesCrisp6 (~10:29 BST): Looks like the Brexit deal has been done
-@tconnellyRTE (~10:29 BST): A deal has been done
-@JamesERothwell (10:34 BST): Word from Brussels is a deal is ON and DUP on board
-@nickeardleybbc (10:40 BST): DUP MP saying no change in their position yet… all eyes on @DUPleader
-@PolhomeEditor (10:40 BST): Hold up. DUP say their statement from this morning (that “gaps remain”) still stands!
-@carldinnen: DUP do NOT support the deal. The statement this morning remains their position.
Some Uplifting news from Europe:
- Morgan Stanley better then Consensus, +2%
- Netflix small beat Stock +7%
- IBM bad again stock -3%
- Union pacific Corp Suffered steepest drop in carloads in 3 years Stock -3%
API oil storage numbers showed a large increase of 10 mln Barrels is storage, Oil -, 6%. Spoos +7 handles, Dax giving back all her “Brexit Deal “ gains to trade down a bit, Bunds and Gilts the exact opposite chart down on Brexit deal headline and then rally on doubts that Northern Ireland ,DUP party will vote yes. Gold steady, natural gas Bid as Forecast for a cold start to November pushing prices higher.