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Mrs May told Parliament she could not take a 'no-deal' Brexit off the table as there was no approved alternative yet, and that the EU would be unlikely to postpone Britains exit date — determined by the 'Article 50' withdrawal notice — without an exit plan.

 

Hardline supporters of Brexit in Mrs Mays Conservative party object above all to the fact that Britain cannot unilaterally end the backstop, which would keep it in a customs union with the EU until an alternative way of ensuring an open border is found.

 

Hilary Benn, an opposition Labour Party lawmaker who is chairman of parliaments Brexit committee, said: 'While her door may have been open, her mind has remained closed because she has rejected stopping us leaving the EU with no deal, even though she knows it would be disastrous.

 

' Jacob Rees-Mogg, chairman of the European Research Group of anti-EU lawmakers in Mrs Mays party, said Britain was most likely to leave without a deal.

 

Mrs May vowed to be 'more flexible' with MPs in trying to agree to changes to the Northern Irish backstop, an insurance policy to ensure there will be no return to border checks between the British province and Ireland. Mrs May told Parliament she could not take a 'no-deal' Brexit off the table as there was no approved alternative yet, and that the EU would be unlikely to postpone Britains exit date — determined by the 'Article 50' withdrawal notice — without an exit plan.

 

Hardline supporters of Brexit in Mrs Mays Conservative party object above all to the fact that Britain cannot unilaterally end the backstop, which would keep it in a customs union with the EU until an alternative way of ensuring an open border is found.

 

Hilary Benn, an opposition Labour Party lawmaker who is chairman of parliaments Brexit committee, said: 'While her door may have been open, her mind has remained closed because she has rejected stopping us leaving the EU with no deal, even though she knows it would be disastrous.

 

' Jacob Rees-Mogg, chairman of the European Research Group of anti-EU lawmakers in Mrs Mays party, said Britain was most likely to leave without a deal.

 

Mrs May vowed to be 'more flexible' with MPs in trying to agree to changes to the Northern Irish backstop, an insurance policy to ensure there will be no return to border checks between the British province and Ireland. Mrs May told Parliament she could not take a 'no-deal' Brexit off the table as there was no approved alternative yet, and that the EU would be unlikely to postpone Britains exit date — determined by the 'Article 50' withdrawal notice — without an exit plan.

 

Hardline supporters of Brexit in Mrs Mays Conservative party object above all to the fact that Britain cannot unilaterally end the backstop, which would keep it in a customs union with the EU until an alternative way of ensuring an open border is found.

 

Hilary Benn, an opposition Labour Party lawmaker who is chairman of parliaments Brexit committee, said: 'While her door may have been open, her mind has remained closed because she has rejected stopping us leaving the EU with no deal, even though she knows it would be disastrous.

 

' Jacob Rees-Mogg, chairman of the European Research Group of anti-EU lawmakers in Mrs Mays party, said Britain was most likely to leave without a deal.

 

Mrs May vowed to be 'more flexible' with MPs in trying to agree to changes to the Northern Irish backstop, an insurance policy to ensure there will be no return to border checks between the British province and Ireland.
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Bellamys (Bal) :

Shares in Bellamy’s Australia surged after the organic infant formula maker upgraded its revenue and profit guidance.

Australian shares weakened on Tuesday, with the ASX's heavy exposure to banks and commodity firms underscored by a pullback in both sectors, while infant formula company Bellamy's bucked the lower trend with a 24 per cent surge.

We believe the ASX200 will reach that level no later than April 2018." Miners pulled back after iron ore futures fell 2 per cent the previous day when data indicated there are record stockpiles of imported iron ore at Chinese ports.

On the plus side, Bellamy's shares surged 24. 8 per cent to $13. 68 after the infant formula maker upgraded its earnings guidance, citing better-than-expected sales in China. "This perhaps provides some cause for optimism for flows in future quarters, although recurrence is still possible. "  Australian sales of new vehicles surged by the most since 2012 in December to hit record highs for the month and the year, adding to signs of a pick up in consumer spending after a prolonged soft spell. Iron ore futures in China ticked up on Tuesday after dropping 2 percent in the previous session, but record stockpiles of the steelmaking ingredient at the country's ports kept a lid on price gains. Stockpiles of imported iron ore at China's major ports reached 152. 83 million tonnes on Jan. 12, up 2 million tonnes from the previous week, data compiled by SteelHome consultancy showed. Every year Festivale team up with sponsors Bellamy’s Organic to bring a host of fun and free kids entertainment and activities to the Kids Kingdom for the entire weekend. He became its non-executive chairman in May. Topics: Sign up for your daily SBS NEWS By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS News.

Technical Analysis Summary: 25 Jan

BULLISH:--->

  • Bellamys Australia has broken the first DeMark resistance point ($15. 5325) [Bullish]. Look for a long limit order entry near this point. Exit price for BAL should be set @$15. 755 & Stoploss for Bellamys Australia should be set at $15. 055
  • BAL: PPO Recent Trading -> (1) 25 Jan: 10. 082 (2) 24 Jan: 9. 764 (3) 25 Jan: -0. 163
  • [BULLISH]: Bellamys AustraliaElder Ray Index is signalling a Bullish movementERI is 2. 124 indicating bull power. Prices are being driven above the consensus of value for BAL during the last trading session [Buying Pressure]
  • [Bullish]: Average True Range has confirmed an uptrend is present. Bellamys Australia has a TR of 0. 72, and an ATR(14) of 0. 588.
  • [BULLISH CROSSOVER]: International Goldfields currently has positive momentum of 0. 02. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 2%. The largest upward momentum rally for the last 3 months is 12 days producing a return of 3. 5%%.
  • [BULLISH]: Bellamys Australia currently has positive volume of change of 111%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -3. 3%.
  • [BULLISH]: Bellamys Australia current trading has maintained the money flow index oversold status and signalled the continuation of the bullish trading conditions. Currently, the MFI is 82. 58. The bullish signal has been active for 0 days. During the quarter, the lowest MFI value was 16. 88.
  • [BULLISH]: Bellamys Australia currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -3. 3%.


BEARISH:--->

  • [BEARISH]: Bellamys Australia current uptrend in the first timeframe. Currently, the Low is $15. 31 (2. 1 %).
  • [BEARISH]: Bellamys Australia has formed a Short Black candlestick. This means, BAL has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
  • BAL: Price Range Current Signal -> (1) 25 Jan: BEARISH (2) 24 Jan: BULLISH (3) 23 Jan: BULLISH
  • [BEARISH]: Bellamys Australia current volume downtrend in the first timeframe. Volume for BAL is568822 (-29. 8).

 

 

 

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