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From the Floor: UK's tough 'Tusk' ahead — #SaxoStrats
It's the end of nine months of phoney war today as the UK triggers Article 50 and sets in motion the two-year negotiation process that will culminate in divorce from the EU. GBP bulls are already scarpering sending GBPUSD down some 200 pips.
- UK to trigger Article 50 at 1130 GMT in formal letter to Brussels
- European Council chief Tusk spells out hardline 'divorce' stance — Hardy
- GBP bulls run for cover as Tusk reaffirms €50 billion bill — Hardy
- EURGBP facing key levels at 0.86 and 0.88
- Global equities rebound as expectations hit 17-year high — Garnry
- Markets shrugging off reflation trade doubts in favour of macro data — Garnry
- Fed messages increasingly supporting two more hikes in 2017 thesis
- Tesla gets significant share boost as Tencent stake unveiled — Garnry
- French/German 10-year spread into 55 as nerves dissipate — Boye
12:48 minutes
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