Market Sentiment & Lateral Thoughts
Recall the “Leave” campaign’s repeated slogan in the June 2016 Brexit Referendum: “Take back control”.
Almost three years after a majority of UK voters chose to leave the European Union, Parliament has created the irony of ironies. It is the … Read the rest
Global markets, albeit jittery, have recovered sharply this year as investors and traders believe that monetary ease will continue.
“The very gradual monetary tightening process is on pause and has become less predictable,” says Claudio Borio, Head of the Bank … Read the rest
Latest political developments raise chances that Brexit zealots will back Theresa May’s Brexit deal. UK MPs must either accept likely adjustments to May’s withdrawal deal or vote for a Brexit delay.
This choice raises the chances of a victory for … Read the rest
Could the year’s surprise be Parliament’s acceptance of Theresa May’s Brexit deal? Perhaps that is why currency traders are buying the pound.
Currency and stock markets are betting that the UK will avoid crashing out of the European Union with … Read the rest