U.K. consumer confidence falls amid Brexit nerves


British consumers grew more pessimistic about the shape of the nation’s economy and about their personal finances in August as worries over Britain’s approaching exit from the European Union grew, according to a survey by market researchers GfK. The data adds to a troubling picture for the U.K. economy, whichRead More →

London sinks on Brexit extension


London markets were down as a Brexit extension had next to no positive impact on investors. How did markets perform? The FTSE 100 UKX, -0.04%  was down a mere 0.1% to 7,416.7. It closed down almost 0.1% Wednesday. The pound GBPUSD, +0.0000%  declined 0.1% to $1.3077, giving back some ofRead More →

Brexit headline blizzard overloads FX algos By Reuters


© Reuters. FILE PHOTO: Anti-Brexit protester waves flags outside the Houses of Parliament in London By Saikat Chatterjee LONDON (Reuters) – Brexit is so confusing it’s even confounding the robots. Machine-driven trading systems in the $5.1 trillion-a-day global currency market are struggling to cope with the blizzard of headlines aboutRead More →