by Christopher Nye | Mar 14, 2019
Yesterday evening, MP’s rejected a no-deal Brexit in two separate votes. The second of these votes was won by just 4, accepting an amendment to take no-deal off the table at any point. Although the tight margin was perhaps a surprise, the outcome was widely expected...
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by Christopher Nye | Mar 14, 2019
Last night, MPs voted to reject the UK leaving the European Union without a deal, causing the pound to briefly further strengthen against the euro. The tight margin was a surprise, but the result had been widely expected. Parliament will vote this evening on an...
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by Christopher Nye | Mar 13, 2019
US inflation figures were released yesterday, showing only a modest rise in core inflation. This put pressure on the dollar, which maintained a weak position against the pound and the euro. This occurred despite the pound suffering from volatility yesterday, due to a...
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by Christopher Nye | Mar 13, 2019
Theresa May’s withdrawal agreement was roundly rejected in Britain’s House of Commons yesterday. Contrary to some commentators’ expectations, euro weakened on the result, as optimism was buoyed for an extension or even revocation of Article 50. Today, the UK...
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by Christopher Nye | Mar 13, 2019
The second ‘meaningful’ vote yesterday resulted in Theresa May’s Brexit deal being rejected. MPs voted against by a majority of 149. This was less of a landslide than last time, but unfortunately for the PM, was large enough to send a clear message that her deal...
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