Daily Morning Call

From the Floor: 'No relief for the UK' — #SaxoStrats

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As Brexit talks progress it is becoming increasingly clear that brussels calls the shots, with GBP cratering as a result. Meanwhile, oil and gas traders are keeping one eye on the Libyan Civil War and another on the tropical storm that has the potential to cripple US refining capacity when it makes landfall later this week.

   • NOK on the move after oil survey release, Q2 GDP beat
   • EURUSD pushes higher on comments from ECB's Hansson
   • GBP in free-fall as Brexit talks show EU in the driver's seat
   • Bullish EIA report sees limited reaction in crude oil
   • Cotton, gasoline rise as tropical storm Harvey heads for Texas