Sterling Bounces Back
Sterling tumbled to its weakest since April 2017 yesterday after Prime Minister Theresa May pulled a parliamentary vote on her Brexit deal with the European Union, panicking investors about deepening […]
Another Day Of Sterling Volatility Ahead
Sterling fell this morning and was headed for a fourth consecutive week of losses as British Prime Minister Theresa May pressed ahead with plans for a parliamentary vote on her […]
Theresa – May Lose Vote Next Tuesday
A senior lawmaker in Prime Minister Theresa May’s Conservative Party said he would vote against her Brexit deal and predicted parliament would reject it by at least 80 votes, The […]
The UK can halt Brexit – Revoking Article 50
The UK can halt Brexit by unilaterally revoking Article 50. An advocate general from the European Court of Justice (ECJ) has published his legal opinion on the case. Manuel Campos […]
Pound Eases Off
The dollar weakened against other major currencies this morning, as markets took Federal Reserve Chairman Jerome Powell’s comment that U.S. interest rates were just below neutral as a signal that […]
48 Letters Of No Confidence Submitted
Theresa May is fighting for survival today after a draft divorce deal with the European Union provoked the resignations of senior ministers and open mutiny in her party. Brexit minister […]
Brexit Deal Could Be Done By Wednesday
The United Kingdom and the European Union are almost in touching distance of a Brexit deal which could be clinched in the next 24 to 48 hours, Prime Minister Theresa […]
UK Third Quarter Growth Strong
Britain’s economy kept up healthy momentum during the third quarter, but this may prove a high watermark ahead of Brexit, official figures showed this morning. Gross domestic product in the […]
Sterling Gains – Trump Doesn’t
Sterling rose for a third consecutive day, buoyed by a BBC report that Britain is preparing for a Brexit agreement by the end of November. The pound has benefited from […]
Sterling Rallies On Positive Brexit News
Sterling rallied after a newspaper report said Britain was nearing a deal for leaving the European Union and that an all-UK customs arrangement would be part of it. With talks […]