Daily Alert: Wednesday 20th June 2018

Mark NugentDaily Alert, June 2018

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Daily Alert: Wednesday 20th June 2018

The equity indices recover most of yesterday’s gap down, allowing me to enter an S&P500 long. The JPY is still strong so we are not fully risk-on. Currencies are doing very little. The major risk event today is the House of Commons vote on the EU Withdrawal Bill which will affect the GBP. I think the risk is skewed to the upside, i.e. the Government will win.

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Daily Alert: Wednesday 20th June 2018

The equity indices recover most of yesterday’s gap down, allowing me to enter an S&P500 long. The JPY is still strong so we are not fully risk-on. Currencies are doing very little. The major risk event today is the House of Commons vote on the EU Withdrawal Bill which will affect the GBP. I think the risk is skewed to the upside, i.e. the Government will win.

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