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Keep hearing: «Johnson has stonking majority. Gives him huge power in trade talks» BUT EU view is thats it’s in stronger position: huge trading bloc of 27 nations plus EUCommission whose lifeblood is negotiating trade ALTHOUGH /1
Having so many players is potentially a weakness for EU as must agree strategy and keep everyone onboard throughout. EU managed that beyond anyone’s expectations in #Brexit divorce deal. Trade talks will be harder. EU countries have differing priorities. AND YET /2
Despite all that, EU still believes it’s in a far stronger negotiating position than UK /3
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katya adler
@BBCkatyaadler
Angela Merkel holding TV address. Says in frightening times we want to be close to our loved ones but #coronavirus means we show love by keeping or distance from one another /1
Merkel thanks all heath workers "from her heart". Thanks supermarkets employees for keeping food on shelves and working as cashiers so that everyone can get the food they need /2
German Chancellor says she appreciates difficulties for citizens to observe #coronavirus social distancing rules. Says gov action reducing personal freedoms should never be taken lightly. Growing up under communism, she certainly values hard fought democratic freedoms she said /3
Read 4 tweets
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katya adler
@BBCkatyaadler
Europe travel ban proposal from European Commission is as much about economics and politics as public health. Why do I say that? /1
From a public health perspective, scientists say travel bans have limited effect in stopping spread of virus. And WHO already described Europe as épicentre of #coronavirus last week. The proposed travel ban would also have many exceptions to it which is WHY /2
A number of EU countries that have already imposed travel restrictions on own European neighbours eg Germany, Poland, Czech Republic likely to say the Commission-proposed ban doesn’t go far enough for them. They’re likely to want to keep their unilateral border restrictions /3
Read 7 tweets
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katya adler
@BBCkatyaadler
Self-isolation is tough on mental health and much more. LOVE this message being sent around in Spain. A #coronavirus self-isolation calendar of events trying to create sense of community while everyone shut behind closed doors 👇/1
Today, Monday at 9pm (this
IS Spain after all) everyone should wave torches at window/balcony (most Spaniards in towns/cities live in flats) in memory of #coronavirus victims. Tuesday 9pm head for the balcony un-combed, dressed in pyjamas singing I will survive .. /2
Wednesday, dress up like Jane Fonda (incl leg warmers) for an aerobic session to tune of We Will Rock You at 9pm. Thursday at 9 everyone sing happy birthday to all those celebrating birthday in self-isolation /3
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Kelly 💔🇪🇺 Activist Against Cruelty to Animals
@August05398614
THREAD | The #EU #Japan deal creates a trading zone comprising 635 million people and a third of global GDP. The agreement, which is also the first trade deal to include a specific commitment to the Paris Accords on climate change, will now come into force on 1 February 2019
Cheaper wine cheese for Japan, cheaper cars for the EU part of what the EU-Japan trade deal, now in force, means. The world's biggest such deal, it covers nearly a third of global GDP and 635 million people. ... It comes as a trade war rages between US and China continues
Why do you think @NissanUK @Nissan will want to stay in the UK in #Sunderland they won’t there is no motivation for them to do that including @Tesla
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🎙The Europe Desk 🇪🇺
@theeuropedesk
We are live-tweeting @PhilHoganEU's address to @CSIS on future of #trasatlantic trade!
Mr. Hogan is the new @Trade_EU Commissioner and is making his first trip outside the EU as part of the @vonderleyen Commission. He is speaking with @CSISEurope's Heather Conley and Scholl Chair Bill Reinsch.
Mr Hogan was previously Irish Minister for Environment, Community and Local Government. At The Europe Desk, we recently interview @HcMEntee, Irish Minister for European Affairs, on Ireland's role in transatlantic relations after #Brexit: podcasts.apple.com/us/podcast/bri… @GUGlobalIrish
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heidi maurer
@heidi_maurer
how to research European foreign policy and what pitfalls to avoid: a thought-provoking sharing of many experiences during @Nortia_eu masterclass at @Politics_Oxford with @Bentonra from @ucdpolitics @globus_h2020
@Nortia_eu @Politics_Oxford @Bentonra @ucdpolitics @globus_h2020 We asked @Bentonra @Nortia_eu: Q1: What do we need to remind ourselves of if we look at the EU as an actor (in foreign policy but also more generally)
@Nortia_eu @Politics_Oxford @Bentonra @ucdpolitics @globus_h2020 @Bentonra tip 1: Remember history, remember the longue durée: patterns of these developments crucial to understand what is happening now
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Daniela Schwarzer
@D_Schwarzer
Ahead of #Johnson's meeting with #Merkel today, there was a lot of curiosity (but no optimism) in Berlin on whether he would have any idea up his sleeve that would solve the #Brexit deadlock. The letter Johnson sent Monday rejecting the backstop suggests he doesn't. 1/3
Without any concrete propoal and the #Brexit Party in his back that seems determined to kill any deal, he is hardly a credible negotiation partner for continental Europeans anyway. That makes another extension of the Brexit date on Oct 31 unlikely. 2/3
Although Berlin sees huge economic & political risks of a no-deal Brexit for both sides & seeks a close partnership post-Brexit, it won't blink on the backstop. The ball remains in Johnson's field - while he sets up his arguments to scapegoat the #EU in case of hard #Brexit.
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Pankaj Balani
@balanipankaj
Perpetual Swaps are expensive to trade!

We compared Futures & Perpetual Swaps to see which is better for #trading
Futures outperformed Swaps in 13 out of 16 months. Irrespective of #bitcoin performance.
GREEN: $BTC monthly returns were +ve
RED: $BTC yielded -ve monthly returns
In DOWN months, i.e. where $BTC monthly returns were negative shorting via Futures would've yielded higher returns

This underperformance makes Perp. Swaps poor instrument for hedging

“Hedging Bitcoin balance by shorting 1x Perpetual Swap” would've cost you roughly 2% per month
For UP months ( where $BTC monthly returns were positive) a levered Long in Futures would have given higher returns.

Funding eats away from the returns of a trade!
#cryptocurrency #cryptos
Read 8 tweets
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Christophe Barraud🛢
@C_Barraud
🇨🇦 🇺🇸 🇨🇳 🇮🇷 #Canada arrests #Huawei’s global chief financial officer in Vancouver – The Globe and Mail
theglobeandmail.com/canada/article…
A gauge of #technology shares on the MSCI #Asia Pacific Index slid as much as 3 percent before paring some losses - Bloomberg
🇺🇸 #SPX ⬇ as much as 1.9% from Tuesday’s close, before paring some losses. Selling pressure early in the session was so intense that it forced CME Group to intermittently pause trading, according to a spokesperson for the exchange - Bloomberg
*Link: bloom.bg/2BTw5DN
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