GBP: Pound weakens as Brexit deadlock continues

Yesterday evening, MP’s voted on a series of four alternative Brexit options, commissioned by Speaker John Bercow. However, once again nothing could be decided on, and none of the options received a majority. Sterling slipped last night as a result. The announcement...


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MPs reject all Brexit options

MPs held a second round of indicative votes yesterday evening, considering Brexit options such as common market 2.0, parliamentary supremacy, a second referendum and a customs union. However, once again none of them commanded a majority, and so we still find ourselves...


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USD: US-China trade talks continue this week

The dollar was weaker on Friday, potentially signalling that its strong run has come to an end. Weaker than expected US inflation data is thought to have affected the greenback. The dollar had managed to mitigate a decline for most of the week, despite a fall in...


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EUR: Euro reacts to poor economic data

At the end of last week, the euro buoyed against the pound due to the rejection of the Prime Minister’s withdrawal deal. However, today it was weakened slightly due to poor economic data. The IHS Markit Eurozone Manufacturing PMI data was released today, and was...


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