The month of May marked the end of British Prime Minister ‘May’, and was ultimately about continuations of previous stories and themes, the outcome of the European Elections and the start of the Conservative leadership race.
The month of May marked the end of British Prime Minister ‘May’, and was ultimately about continuations of previous stories and themes, the outcome of the European Elections and the start of the Conservative leadership race.
Although the clocks went forward, they did not shed any fresh light on Brexit. The stalemate continued and the EU granted an extension to Article 50 until Halloween, by which time the clocks will have changed again and we’ll probably still be in the dark.
With Brexit being pushed out until October, and many aspects of the plans remaining unknown and unpredictable, no advice on this subject can be comprehensive or guaranteed. However, as a business you might find the following information useful when you’re formulating your plans around Brexit
The UK and the EU have agreed to extend the Brexit deadline until October 31, 2019, from April 12, 2018. Initially, it was thought that the EU was thinking of extending the deadline until June 30.
Brexit looks like it will go right down to the wire, although there does seem to have been a shift in the rhetoric from Parliament. The consensus not to accept… read more →
January can be summed up by what we didn’t find out rather than what we did. In the UK, we had all expected to finally know what the prime minister’s… read more →
So, yet another week ends without any clarity – or progress – on Brexit. We were expecting to have had the meaningful vote by now; Parliament’s decision on whether or… read more →
When the United Kingdom went to vote on the Brexit referendum in 2016, most people assumed that a decision to leave the European Union would have an effect on the… read more →
As a forex trader, it should already be routine for you to check the news every day for the latest in foreign currency price moves. “Blink, and you’ll miss it”… read more →
In October, we were essentially waiting for two things. Central bank meetings were not expected to move the markets, while economic data from the US showed an economy on the… read more →
The week started very quietly in terms of economic data, although more Brexit fears caused the pound to weaken against the US dollar. There have been some encouraging headlines about… read more →
As is becoming standard nowadays, there were political distractions in the United States throughout September. However, this time the only real attention on Donald Trump was by association. His pick… read more →
If we look back at sterling’s movements over the past month we can see they have been fairly sedate. Of course, there have been instances of intraday volatility but overall,… read more →