Rational Thinking – May Under Increasing Pressure To Resign

Last week:GBP

  • Theresa May under pressure to step down as PM
  • Farage’s new Brexit party poses threat
  • European elections on May 23
  • Watch out for May-Corbyn snap deal


  • Trade tensions with China escalate
  • Trump tweets tariffs on $200bn of goods from China would be cranked up to 25%
  • Safe havens outperformed USD

Key Announcements

  • US Retail sales
  • Brexit updates