Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your experience. Save up to 40% More details

Brexit Fallout From ‘Super Saturday’

By Spreadex (Connor Campbell)Market OverviewOct 21, 2019 06:46
Brexit Fallout From ‘Super Saturday’
By Spreadex (Connor Campbell)   |  Oct 21, 2019 06:46
Saved. See Saved Items.
This article has already been saved in your Saved Items

More Brexit fallout, US-China tensions and an ECB press conference are the highlights of the final full week of October.


A quiet start to the week clears the stage for the pound to react to the outcome of the historic ‘super Saturday’, be it deal, no deal or extension. Given the gains the currency has seen this October it is sitting in a pretty precarious position.

Beyond Britain’s shifting political situation, the region really has nothing going on this week, meaning the FTSE especially could be susceptible to any non-Brexit macro-concerns.

There is, at least, a fairly busy corporate calendar. Reckitt Benckiser, Anglo American (LON:AAL) and Whitbread (LON:WTB) are on Tuesday, followed by Barclays (LON:BARC) and Antofagasta (LON:ANTO) on Wednesday, AstraZeneca and RBS (LON:RBS) on Thursday, and WPP (LON:WPP) on Friday.


Given the recent discord between the US and China over the Hong Kong Human Rights and Democracy Act, and the continued lack of substance regarding the ‘partial trade deal’ announced in mid-October, the markets are primed for any further developments, be they good or bad.

If that doesn’t materialise, US investors don’t have a whole lot to work with data-wise. Existing home sales arrive on Tuesday, with the durable goods orders and flash manufacturing and services PMIs on Thursday, and the revised UoM consumer sentiment numbers on Friday.

Earnings season also continues, with the most eye-catching names including McDonald’s (NYSE:MCD) on Tuesday; Microsoft (NASDAQ:MSFT), Boeing (NYSE:BA), eBay (NASDAQ:EBAY) and Tesla on Wednesday; Intel (NASDAQ:INTC), Amazon (NASDAQ:AMZN), Visa (NYSE:V) and Twitter on Thursday; and Verizon (NYSE:VZ) on Friday.


Over in the Eurozone, the region sees its consumer confidence data on Wednesday, the flash services and manufacturing PMIs on Thursday, and the German Gfk consumer climate and Ifo business climate readings on Friday.

There’s also the small matter of the latest ECB monetary policy statement and press conference, following on from September’s stimulus announcement.

Disclaimer: Spreadex provides an execution only service and the comments above do not constitute (or should not be construed as constituting) investment advice or recommendations, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any person placing trades based on their interpretations of the above comments does so entirely at their own risk. Spreadex Ltd is a financial and sports spread betting and sports fixed odds betting firm, which specialises in the personal service and credit area. Founded in 1999, Spreadex is recognised as one of the longest established spread betting firms in the industry with a strong reputation for its high level of customer service and account management.

In relation to spread betting, Spreadex Ltd is authorised and regulated by the Financial Conduct Authority. Spread betting carries a high level of risk to your capital and can result in losses larger than your initial stake/deposit. It may not be suitable for everyone, so please ensure you fully understand the risks involved.

Original Post

Brexit Fallout From ‘Super Saturday’

Related Articles

Brexit Fallout From ‘Super Saturday’

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email