Daily News: Tue, 2nd Apr 2019
Sterling surrendered gains after parliament again failed to back any potential Brexit alternatives.
March in the Markets
Brexit continues to dominate the news – and will do so into April with the extension granted by the EU. The quarterly reports are out from the Bank of England and the report is in from the committee set up by the European Parliament to investigate tax evasion. Bank of England Reports Published in March 2019 Quarterly Bulletin - 2019…
Daily News: Mon, 1st Apr 2019
Political fears undermined Sterling as the government again failed to secure parliamentary support for the Withdrawal Agreement and deadlock continued.
Daily News: Fri, 29th Mar 2019
Political fears undermined Sterling with market expectations that the government would not be able to break the deadlock in Friday’s vote.
Daily News: Thu, 28th Mar 2019
Sterling gains on Prime Minister May’s commitment to resign if the Withdrawal Agreement is approved, reversed rapidly after the DUP reiterated opposition and deadlock persisted.
Daily News: Wed, 27th Mar 2019
Sterling volatility remained high with net support on dips given some speculation that the Withdrawal Agreement could still be approved.
Daily News: Tue, 26th Mar 2019
Sterling was little changed overall in choppy trading with buying on dips as parliament defeated the government and will hold indicative Brexit votes.
Daily News: Mon, 25th Mar 2019
Sterling regained some ground on some relief that the March 29 EU exit date had been extended.
Daily News: Fri, 22nd Mar 2019
Political concerns dominated amid reports that Westminster support for the Withdrawal Agreement was fading further.
Daily News: Thu, 21st Mar 2019
Political developments dominated as Prime Minister May requested an Article 50 extension to June 30th.
Daily News: Wed, 20th Mar 2019
Sterling was undermined by confusion over UK and EU demands related to a Brexit extension.
Daily News: Tue, 19th Mar 2019