The Traderszone Network

UK fin min Hammond now underway at Mansion House 20 June
– govt will prioritise UK business and jobs to secure the prosperity and living standards
– we remain committed to fiscal rules set out in Autumn statement
Softer Brexit tones as per preview but GBP unfazed so far

The delayed Mansion House event gets underway shortly 20 June
Last week’s eagerly awaited Mansion House speech was cancelled in
respect of the awful tragedy unfolding at Grenfell Tower and now takes
place this morning as a lower-key breakfast event starting around now

Positive territory as equity markets get underway 20 June
– FTSE   +0.1%
– DAX   +0.3%
– CAC40 +0.4%
– FTMIB +0.3%
– IBEX +0.3%
In China the SCI closes -0.1% and CS1300 Index -0.2%

Your daily thread to exchange trading ideas and discussion 20 June
Plenty of CB talking heads today so what are you waiting for them to say ?
Share your ideas/positions/thoughts with the ForexLive community in this thread.

UK Serious Fraud Office out with a statement 20 June
– SFO charging the bank with conspiracy to commit fraud by false representation and unlawful assistance
– former senior executives Varley, Jenkins, Kalaris,and Boath will also appear in court on 3 July
The charges have been widely touted lately and relate to investigations into undisclosed payments to Qatari investors during £12bln emergency fund-raising in 2008 which included a $3bln loan facility to the Gulf state.

Currently 111.55 after capping into 111.80
Underpinned after Dudley’s hawkish tones yesterday
Offers: 111.65 112.30
111.80 112.00
112.50
Bids:  111.50 110.30