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Brexit Update: Pound Drops After MPs Reject Alternative Options

March 28, 2019 11:27 AM
So, the UK parliament couldn’t find a consensus on Brexit last night after MPs voted on eight different options and – lo and behold – there was majority for absolutely none of them.

Brexit Update: Resignation Talk of Tory MPs Halts GBP Rally

February 20, 2019 11:03 AM
Rumours are circulating that 3 Conservative lawmakers are to follow the 7 Labour MPs and defect to the Independent Group later today.

Brexit: May Unveils Plan B, Market Shrugs

January 21, 2019 5:51 PM
As my colleague Fawad Razaqzada noted earlier this morning, markets were relatively dull heading into the day’s marquee event, the release of UK PM Theresa May’s “Plan B” Brexit bill. Unfortunately, the “new” proposal did little to shake things up.

PM faces confidence vote after Brexit deal rejected in historic defeat

January 16, 2019 11:23 AM
If the government loses the no confidence vote then an early general election will be called. But rebel Tory MPs and the DUP are both expected to come back on side and back the government, meaning Theresa May is likely to survive.

GBP/JPY arrives at critical juncture as Brexit vote looms

January 11, 2019 12:13 PM
Next week’s major market risk event is most likely to be the UK parliament’s so-called “meaningful vote” on the withdrawal agreement Prime Minister Theresa May negotiated with the European Union at the back end of last year.