by Christopher Nye | Apr 1, 2019
Prime Minister Theresa May’s withdrawal deal was rejected on Friday afternoon by 286 to 344 votes. The pound weakened as a result, prompted by further uncertainty with regards to Brexit. Today, however, it has strengthened slightly – perhaps in anticipation of the...
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by Christopher Nye | Apr 1, 2019
Prime Minister Theresa May held a third vote on part of her deal on Friday afternoon, and for the third time, it was rejected. Today, MP’s will engage in a second round of indicative votes on options to resolve the Brexit deadlock. A customs union with the EU is...
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by Christopher Nye | Apr 1, 2019
Today we have another round of “indicative voting” in Parliament. Although there was no clear winner in last week’s round of voting, the customs union and the “confirmatory referendum” options were the least unpopular options. From the point of view...
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by Christopher Nye | Mar 29, 2019
The dollar continues to strengthen against its rivals, which have been weakened by dovish statements from central banks. With many currencies on the defensive, the dollar brushed aside a decline in benchmark US Treasury yields to 15-month lows. Revised GDP growth data...
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by Christopher Nye | Mar 29, 2019
The pound has weakened further this morning as Brexit uncertainty continues. A third vote on the Prime Minister’s Brexit deal will go ahead today, in an attempt to secure an extension until the 22nd of May. This comes as Speaker John Bercow granted the government...
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