Lords Defeat May Again on Brexit | 24/04/18

[IronFX The Global Leader in Online Trading]( 24th April 2018 [start trading]( [open demo account]( All trading involves risk. It is possible to lose all your capital. Main Points of Today Lords Defeat May Again on Brexit - The House of Lords opposed Prime Minister Theresa May on a important legislation regarding Brexit. - The Lords supported a modification to the government’s alleged European Union (Withdrawal) Bill that would guarantee the majority of EU rules on political, social and economic rights will be included as part of British law after Brexit. - Third loss in a row for May accounting only for the past week - Further Uncertainty within the UKs government could weaken the pound even further. G7 foreign ministers discuss as main subjects Russia and Iran matters - During the G7 meetings on Monday, the leading nations examined ways in order to restrict Russia's activity on Geopolitical maters on both conflicts in Syria and Ukraine. - Moscow’s ties with the West are somewhat damaged and could worsen even further. - United State officials emphasized its priorities also included Iran’s “harmful” regional actions and ending North Korea’s nuclear programs. - U.S. Secretary of State John Sullivan stated “Russia should join forces with the US in Syria otherwise will be held responsible. - The unresolved dispute of US with Russia could weaken the rouble further. Today’s other economic highlights - Germany: Ifo Business Climate for April, Survey: 102.6 Prior:114.7, 08:00 (GMT), could weaken the EUR - US: Consumer Confidence for April, Survey:126.0 Prior: 127.7, 14:00 (GMT), could weaken the USD New Home Sales for March, Survey:0.630M Prior: 0.618M, 14:00(GMT), Neutral to bullish for USD API Weekly Crude Oil Stock, Survey:N/A Prior: -1.047M, 20:00 (GMT), Any reading lower than -1.047M could support Oil prices - Speakers: Philadelphia Fed President Patrick Harker (18:00, GMT) and BoE Governor Mark Carney (18:00, GMT) speak. [Download full report]( THE MARKET EUR/USD [Image title] - Support: 1.2175 (S1), 1.2135 (S2), 1.2090 (S3) - Resistance: 1.2220 (R1), 1.2260 (R2), 1.2290 (R3) GBP/USD [Image title] - Support: 1.3912(S1), 1.3836(S2), 1.3750(S3) - Resistance: 1.3980(R1), 1.4095(R2), 1.4168(R3) [View all Market insights]( [View IronFX Week Ahead report]( Economic Calendar Prepared by: Peter Iosif [Facebook]( [Linkedin]( [Instagram]( [Twitter]( [Google+]( [YouTube]( - Tel: +44 (0) 20 3282 7777 - Email: support@ironfx.com Disclaimer: This information is not considered as investment advice or investment recommendation but instead a marketing communication. High Risk Trading Warning: Our services include products that are traded on margin and carry a risk of losing all your initial deposit. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance and your level of experience on these products. Trading with high leverage level can either be against you or for you. Margin products may not be suitable for everyone and you should ensure that you understand the risks involved. You should be aware of all the risks associated in regards to products that are traded on margin and seek independent financial advice, if necessary. Please read IronFX’s Risk Disclosure statement. Licences and Authorisations IronFX is a trade name of Notesco Financial Services Limited (formerly IronFX Global Ltd). Notesco Financial Services Limited is authorised and regulated by CySEC (License no. 125/10) Group Licences and Authorisations 8Safe UK Limited is authorized and regulated by the Financial Conduct Authority (FCA no. 585561) GVS (AU) Pty Limited is authorized and regulated by ASIC (AFSL no. 417482) IronFX does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. [Unsubscribe](