Anyone scalping the FTSE Futures??

Top European Union leaders like German Chancellor Angela Merkel has clearly said that if the United Kingdom wants to access the single market then it will have to respect the European Union’s all four pillars of freedom that includes freedom of movement. While countries like Germany, which has given asylum to millions of migrants may press for freedom of movement, countries like France may support’s Britons’ desire to halt immigration. But that won’t come for free.

The second group of countries led by France likely to call for the withdrawal of banking passports to the United Kingdom, which will mean that the banks of the Kingdom will not be able to sell their services to the European Union.

Why are we even talking about such nonsense deal?

It’s because of the fact that if you are into UK politics the deal makes a lot of sense. Despite the fact that such a deal could mark the end of London as world’s biggest financial center, it is likely to be immensely popular with the public. At one hand, you can halt the immigration and at the same time you can bash the banks on the other.

But any such deal, which hurts UK’s financial services industry likely to be bad for the sterling, which is currently trading at 1.322 against the dollar.
 
Is that even legal? Can a country say a certain company from such and such country can't do business in our country? Again another careless EU announcement. Markets may call bull**** but the way it looks bears are winning this ride
 
joseph1986 said:
Top European Union leaders like German Chancellor Angela Merkel has clearly said that if the United Kingdom wants to access the single market then it will have to respect the European Union’s all four pillars of freedom that includes freedom of movement. ...
Click to expand...

America does business with the EU, they dont allow freedom of movement from Europe to America!
 
postman said:
America does business with the EU, they dont allow freedom of movement from Europe to America!
Click to expand...

freedom of movement based off of commerce. That means corporate entities. In my state you can get a limited liability corporation with as little as a Tax payer identification number which takes 30 days to get and also identification. This is money not residency and the benefits that come with residency....your money your problem. For the EU to say that british companies can do this or do that in their economic zones is down right fascist and as a british citizen you should be pissed
 
Oscar Reed said:
There was trade's put through the markets couple of years ago.

Big size, fund managers could not identify.

Everyones guess was the FED

They gave the FED a trading account number, can't find but it's out there on the net somewhere.

Unless someone removed it.:eek:
Click to expand...

We will just have to wait for the movie to come out in a few years time to know the details. Its just a case of will it be a 'Fahrenheit 911' style documentary or a star studded 'Margin call'. :)
 
Oscar Reed said:
There was trade's put through the markets couple of years ago.

Big size, fund managers could not identify.

Everyones guess was the FED

They gave the FED a trading account number, can't find but it's out there on the net somewhere.

Unless someone removed it.:eek:
Click to expand...

the rabbit hole is much deeper, this is childs play compared to other things....
 
Mind you the S&P is still in the middle of a 15 point range since last Wednesday 6 f*cking days of up down up down up down.
 
postman, you were right yesterday the dow and snp did sit right down into a range. nice call...

i got stopped in that dip ahs

i'm flat and looking for direction:eek:
 
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