James Wilcock

But the crisis in Westminster is by no means over.

In London, James Walcock, Bloomberg Radio.

Rewind two weeks.

It was 6.49am in New York on a Thursday and a relatively sleepy hour of the trading day suddenly spikes.

Billions of dollars changed hands in futures contracts for the S&P, Brent and the Stoxx 50.

Fifteen minutes later, President Trump posts online about positive discussions with Iran, making those earlier bets a lot of money.

Anonymous accounts on prediction markets also saw an early flurry of correct bets, which prompted the White House's management office to warn staff the day later about insider trading.

Bloomberg has no evidence White House officials did profit from inside information, which would be a gross breach of ethics rules and the law.

In London, James Wilcock, Bloomberg Radio.

Among the elite businessmen who carried on friendly, crude and sometimes disturbing correspondence with disgraced financier Jeffrey Epstein, few kept up their exchanges as long as Sultan Ahmed bin Sulaim.

Emails show the men exchanged contacts in business and politics, attempted to broker deals with one another and made explicit references to sexual encounters.

Now, in the wake of those emails being made public, both the UK's development finance bank, British International Investment, and Canadian pension fund, Caisse de Depot et Placement du Québec, have halted their investments with Sulaim's firm, DP World.

Bloomberg investigated the emails last summer, and Sulaim has not responded to repeated requests for comment since then.

In London, James Woolcock, Bloomberg Radio.

UK politics looks fragile.

Although a recent GFK survey says many Britons are becoming more worried about the economic outlook, the political outlook is starting to drive the market narrative.

Hedge funds are taking notice of Labour plots to replace Prime Minister Keir Starmer, taking long volatility positions in sterling.

The other challenger on the horizon, reform UK's Nigel Farage.

At Davos, he told Bloomberg he had a very different vision for growth.

Farage's big test for popularity is local elections in May, which is when many of those hedge fund volvets are set to expire.