In a development you would not have seen forecast in any Brexit-related headlines 6 months ago, U.K.’s FTSE-100 closed 2016 at an all-time high. Quick,…
Tagged $^FTSE
Brexit Disaster Propels British Stocks To Record Highs
Far from being a financial catastrophe as predicted, the aftermath of the Brexit vote has seen British stocks soar over 20% to all-time high ground.…
British Stocks Say ‘Good Riddance’ To EU
U.K.’s FTSE-100 Index is in the midst of a historic run following the Brexit vote – but it is running into multi-decade resistance. The only…
Not Your Everyday Pounding
The British Pound wasn’t just hammered In the wake of “Brexit”, it broke historic support in the process. On a truly historic day like today…
Investors (Over?-)Prepared For Brexit Volatility
Short-term volatility expectations have eclipsed those of the longer-term, a nearly unprecedented situation given the recent tame market action. Recent days and weeks have seen…
FX: Cable Gets Pounded
The British Pound is plumbing 30-year lows versus the U.S. Dollar. The central banks’ global game of debase your currency remains alive and well. In…
Is the British Pound the Next Currency to Collapse?
It’s no secret that the underlying story behind the recent and ongoing historic chapter in financial markets has been global central bank monetary policy. That…
Feast To Famine For FTSE?
As recently as September 3, we were noting the potential for a major breakout in the UK FTSE-100. At least we were noting the potential…
ETF Spotlight: iShares MSCI United Kingdom ($EWU)
We last looked at the iShares MSCI United Kingdom ETF ($EWU) on January 15, noting its breakout attempt above the 61.8% Fibonacci Retracement of its…
StOTD-6/6/14: FTSE-100 @ Lowest Daily, Weekly & Monthly RSI(14) For All Closes > 6800 Since It Hit 6900 Only Time On 12/30/99…Finally Ready For Run @ 6900?
We’ve been discussing the setup in the London FTSE 100 for several months now, pondering its potential to finally break out to new post-2000 highs…