by Christopher Nye | Feb 27, 2019
Theresa May, speaking in the House of Commons yesterday, raised the prospect of delaying Article 50 for the first time. The news buoyed the pound to a 21-month high of 1.167 against the euro, as the markets reacted positively to a perceived lower chance of a no deal....
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by Christopher Nye | Feb 27, 2019
The pound hit a 21-month high of 1.167 against the euro yesterday as Prime Minister Theresa May made her first public admission that Brexit could be delayed – saying there would be an opportunity for a ‘short, limited extension to Article 50’ if her deal and the...
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by Christopher Nye | Feb 26, 2019
China’s import tariff rise has been delayed as talks appear to be coming through. Trump Tweeted that ‘…I will be delaying the US increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a summit for President Xi...
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by Christopher Nye | Feb 26, 2019
As the pound strengthened on news of a second referendum, euro dropped to 0.862 for the first time since late February. Today, we’ll see France and Germany’s consumer sentiment index, with, again, little change expected. As with the pound, there is a feeling that...
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by Christopher Nye | Feb 26, 2019
The pound strengthened against the euro this morning as three ministers threatened to resign if the Prime Minister doesn’t delay Brexit, and Labour said it’d throw its weight behind a second referendum if Corbyn’s proposal fails. As for the PM, Theresa May has denied...
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