28 Oct 2013
London liquidity to be thin out Monday as UK braces for severe storms
FXstreet.com (Barcelona) - FX market participants should be reminded that liquidity in Monday's London market open is likely to be well below its normal levels, as travel warnings were released across the UK, with severe storm and rain expected.
According to BBC: "Commuters are being warned of travel disruption on Monday as a storm bringing severe gale-force winds starts moving across England and Wales. Train companies have cancelled early-morning services, and flights into London have been reduced. Gusts of up to 80mph (130km/h) are predicted as the weather hits the South West then moves north and eastwards and there are fears of flooding and damage."
BBC quotes Robin Gisby, network operations managing director for Network Rail, warning that commuters should expect considerable disruption: "This will impact up to Birmingham and up to Nottingham and the Midlands. If we get through this in the morning, restore the service during the afternoon and are able to start up a good service on Tuesday morning, in the circumstances I'll be pretty pleased."
According to BBC: "Commuters are being warned of travel disruption on Monday as a storm bringing severe gale-force winds starts moving across England and Wales. Train companies have cancelled early-morning services, and flights into London have been reduced. Gusts of up to 80mph (130km/h) are predicted as the weather hits the South West then moves north and eastwards and there are fears of flooding and damage."
BBC quotes Robin Gisby, network operations managing director for Network Rail, warning that commuters should expect considerable disruption: "This will impact up to Birmingham and up to Nottingham and the Midlands. If we get through this in the morning, restore the service during the afternoon and are able to start up a good service on Tuesday morning, in the circumstances I'll be pretty pleased."