Cable eating away at offers to trade back above the Sunday night open

September 8, 2014 With the news over the weekend that the Scottish independence vote has moved in favor of Scotland leaving the UK, sterling opened on Sunday evening significantly lower then Fridays close, with GBPUSD opening some 160 pips lower. The market open and Monday’s trading left little in the way of a rest bight for cable with… View Article

*GAZPROM NEFT, ROSNEFT, TRANSNEFT SAID TO FACE EU FINANCING CURB

September 8, 2014 That is the headline which just came in on Bloomberg. Russia stated many times that the sanctions will work both ways. What is the EU thinking here? Winter is coming. Pretty dangerous game the EU are playing and it seems like it is really playing into America’s hands with all this Ukraine situation and hurting… View Article