EU Grant A50 Extension
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 22, 2019
- No Comments
European Union leaders gave Britain a lifeline and opportunity to leave the bloc in an orderly fashion after giving Prime Minister Theresa May two weeks’ reprieve until April 12 before Britain could tumble out without a deal. Arriving for a second day of a summit dominated by talks over Britain’s departure, Belgium’s prime minister said […]
READ MORE
May Has Her Say
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Retail Sales, Sterling, UK, Uncategorised
- March 21, 2019
- No Comments
The President of the European Council, Donald Tusk, announced last night that the EU will only back a short extension of the 29 March Brexit deadline if Theresa May’s withdrawal deal passes in parliament next week, which many believe makes a no-deal exit from the bloc more likely. Theresa May held a short speech at […]
READ MORE
How A50 Extension Will Affect GBP
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 20, 2019
- No Comments
The pound has fallen below the 1.17 marker, with global currency markets considering the implications of an impending Brexit extension offer from the European Union in light of an intractable impasse in the UK parliament. The offer for an extension is widely expected to be thrashed out at this week’s EU Council Summit, but we […]
READ MORE
The Speaker Has Spoken
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, EUR, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 19, 2019
- No Comments
Prime Minister Theresa May’s Brexit plans are in chaos as her government sought to plot a way around the speaker of parliament’s ruling that she had to change her twice-defeated divorce deal to put it to a third vote. After two-and-a-half years of negotiations, Britain’s departure from the European Union remains uncertain – with options […]
READ MORE
Vote 3 – Could take place over coming days
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 18, 2019
- No Comments
Britain’s government will only hold another meaningful vote on Prime Minister Theresa May’s Brexit deal tomorrow or Wednesday if it is certain that the divided House of Commons would back it at a third attempt, the foreign minister said. She suffered a further setback when Boris Johnson, the Brexiter former foreign secretary, refused to back […]
READ MORE
Vote 2
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 13, 2019
- No Comments
Britain’s parliament will vote tonight on whether to leave the European Union in 16 days without an agreement as the government said it would eliminate import tariffs on a wide range of goods in a no-deal Brexit scenario. British lawmakers handed Prime Minister Theresa May a second humiliating defeat for her Brexit plan last night, […]
READ MORE
May Secures Assurances Over Back Stop
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 12, 2019
- No Comments
The future of Britain’s exit from the European Union hung in the balance today as lawmakers are prepared to vote on a divorce deal after Prime Minister Theresa May won last-minute assurances from the European Union. Scrambling to plot an orderly path out of the Brexit maze just days before the United Kingdom is due […]
READ MORE
18 days to go! Big Week Ahead
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- March 11, 2019
- No Comments
Theresa May faces another Brexit humiliation after two major euro sceptics warned they would vote down her divorce deal because she had failed to win concessions from the European Union. The United Kingdom is due to leave the EU on March 29, May is scrambling to secure last-minute changes to an EU exit treaty before […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- February 22, 2019
- No Comments
Sterling consolidated gains this morning and was set to snap a three Sterling consolidated gains on Friday and was set to snap a three-week losing streak as investors eyed last-minute talks between the United Kingdom and the European Union on possible changes to the Brexit withdrawal agreement. The European Union’s Brexit negotiator, Michel Barnier, said […]
READ MORE
UK Wage Data Strong
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Sterling, UK, Uncategorised
- February 19, 2019
- No Comments
UK pay growth held at its fastest pace in a decade in late 2018 and job creation remained strong, official figures showed this morning, suggesting the labour market was staying buoyant ahead of Brexit. Total earnings, including bonuses, rose by an annual 3.4 percent in the three months to December, remaining at its fastest pace […]
READ MORE
