Apparent good progress on US Sino Trade talks but not on US European trade with France exerting its ability to prevent talks starting with the US: a risk strategy given the tariffs that are threatened for the Euro car industry. Bitcoin is on a high for the year now above $5000. Stock markets mixed in Asia with European markets due to open a bit lower. Today the focus will be on German factory orders and the fear form the EUR is that they will reflect the same flat to negative growth that we have been seeing in the past 2 months. Oil a tiny bit lower at $62.31, gold flat at $1297. Markets are awaiting the US employment figures tomorrow. GBP firmer on the vote last night in favour(just) of ensuring a Brexit deal as opposed to a NoDeal and rallying further first thing this morning.
POTUS and Inappropriate Touching
Not acceptable at all and definitely creepy, but USA Democrat candidate Joe Biden managed in 2014 to steal a march on Donald Trump in what is now termed to be Inappropriate Touching: Approach a woman from behind, put both hands on her shoulders, inhale her hair and plant a long kiss on the back of her head. This on many levels deems him apparently unacceptable to hold the highest office in 2020. On that basis as we all know, at least four of the past ten US Presidents would never have been nominated let alone elected. Fortunately there are as many Democrat candidates for 2020 as Tory hopefuls in 2019 to become the next leader of the UK Conservative party.
The coffee capsule promoter and Monuments Men actor (sic) has entered the Brunei gay sex debate by calling for a boycott of the Sultan’s Brunei Investment Authority’s holding of 9 luxury hotels including London’s Dorchester and The Beverley Hills Hotel. Stand by for some discount offers and then get packing?
Discussion and Analysis by Humphrey Percy, Chairman and Founder
Click Here to Subscribe to the SGM-FX Newsletter
Related Insights
Daily Brief – Battle of the banks
Charles Porter
Thu 2 Apr 2026
Battle of the banks Market volatility continues amidst unclear messaging from both sides of the conflict in Iran. The President’s position has continued to flit between seemingly concrete positions of absolutely tangible progress and bombing the nation back ‘to the Stone Ages’. Since the start of the war, smarter money has acknowledged that predicting the […]
Daily Brief – Questioning Truth
Charles Porter
Tue 24 Mar 2026
Questioning Truth Adopting the same handle as his now rather redundant X account, @realDonaldTrump shocked markets yesterday using his own social media platform, Truth Social. During Trump 1.0, the legitimacy of a President using an unofficial X, then Twitter, account was questioned. Now under Trump 2.0, it’s seldom questioned when he is the majority shareholder […]
Daily Brief – No rush
Charles Porter
Tue 31 Mar 2026
No rush The President’s claims of an imminent end to the war are being undermined by Iran’s refutation that such talks have occurred. Trump in turn has continued to extend and extend a deadline for Iran to come to the negotiating table only to be scorned by news outlets in Iran, presumed to speak on […]
