Deal or No Deal Brexit

Market Review 09-08

Market Review 09-08

Boris Johnson Says There’s ‘Bags of Time’ Left to Renegotiate Brexit With EU

U.K. Prime Minister Boris Johnson urged the European Union to show “common sense” and re-write the Brexit divorce deal he says is unacceptable, as he stepped up preparations to leave the bloc without one.

With just 84 days to go until the U.K.’s scheduled departure from the EU on Oct. 31, Johnson said there’s plenty of time for his European counterparts to renegotiate the Withdrawal Agreement struck by his predecessor Theresa May, which was rejected three times in Parliament.

“I very much hope that our friends and partners will show common sense and that they will compromise,” he said in an interview with the BBC Thursday.

https://www.bloomberg.com/news/articles/2019-08-08/u-k-s-johnson-says-bags-of-time-to-renegotiate-brexit-with-eu?srnd=premium-europe

U.K. Economy Is Set for the Worst Quarter Since 2012

A report Friday will show the U.K. economy stagnated last quarter, according to a Bloomberg survey of economists. Such a reading would be in line with the Bank of England’s prediction and represent Britain’s worst quarter since the economy shrank in 2012.

https://www.bloomberg.com/news/articles/2019-08-09/u-k-economy-is-set-for-the-worst-quarter-since-2012-chart

Trading Central – GBPUSD

https://europefx.tradingcentral.com/Product?PK_ANALYSE=10349344

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 1.1950
1
€ 3,728.83
€ 7,457.67
€ 1,639.99
5
€ 18,644.17
€ 37,288.34
€ 8,199.96
10
€ 37,288.34
€ 74,576.69
€ 16,399.92
25
€ 93,220.86
€ 186,441.72
€ 40,999.80
50
€ 186,441.72
€ 372,883.44
€ 81,999.60

Trading Central – GBPJPY

https://europefx.tradingcentral.com/Product?PK_ANALYSE=10348560

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 124.09
1
€ 3,729.14
€ 7,458.28
€ 3,712.80
5
€ 18,645.71
€ 37,291.42
€ 18,564.00
10
€ 37,291.42
€ 74,582.83
€ 37,128.00
25
€ 93,228.54
€ 186,457.08
€ 92,820.00
50
€ 186,457.08
€ 372,914.17
€ 185,640.00

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.99% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Find more details about risk here.

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