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Risk warning: Losses could exceed deposits.

Yesterday was a strange day, the growing tension between Pakistan and India will obviously hinder equity sentiment, and emerging markets will be keeping an eye out on the developments on this story.

The main theme of the day was Brexit yet again as PM May gave lawmaker the option to vote against a no-deal outcome and to delay Brexit deadline in two weeks’ time – this may have been a strategy to further put the opposition under pressure.

What materialized showed that PM May never get a meaningful vote through, after the carnage in the Labour Party last week – this vote showed the rift in the Conservative Party too as more than 80 members abstained or voted against the government.

Labour will push for a second referendum in the coming days.

To trade these and other markets, open an account here.

Today’s Market Trading Levels

  1. Brent SELL                             6630 – 6670
  2. EURJPY SELL                         126.20 – 126.40
  3. GBPJPY SELL                        147.70 – 148.00

High Risk Investment Warning: Trading foreign exchange and/or contracts for difference on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by BlackStone Futures you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. BlackStone Futures provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. BlackStone Futures recommends you seek advice from a separate financial advisor.

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Leave your Questions about Market Outlook Commentary – 28 February 2019 below

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