Will Currency Traders’ Brexit Bets Reflect Pessimistic Europe?

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Will Currency Traders’ Brexit Bets Reflect Pessimistic Europe? – Financial Times

Sterling markets and Europe’s policymakers clearly do not see eye to eye. Analysts say that the positive risks to the currency now outweigh the negatives, while continental European officials say preparations for the UK crashing out of the single market without a deal are under way.

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So Bad It’s Good: Markets See Silver Lining in Brexit Rejection

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So Bad It’s Good: Markets See Silver Lining in Brexit Rejection – Bloomberg

Prime Minister Theresa May’s record defeat in Parliament over her Brexit divorce deal provoked a curious response from markets: Optimism.

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Volatility: How ‘Algos’ Changed the Rhythm of the Market

Volatility: How ‘Algos’ Changed the Rhythm of the Market – Financial Times (subscription)

Philippe Jabre was the quintessential swashbuckling trader, slicing his way through markets first at GLG Partners and then an eponymous hedge fund he founded in 2007 — at the time one of the industry’s biggest-ever launches. But in December he fell on his sword, closing Jabre Capital after racking up huge losses. The fault, he said, was machines.

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