Following the UK’s vote to leave the EU back in June 2016, the Scottish Parliament has backed Nicola Sturgeon’s call for a second referendum on Scottish Referendum.
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Trump’s failure to reform the healthcare bill has markets worried that his tax reforms will also fail. The Dow has posted its worst losing streak since 2011.
Michel Barnier, Europe’s Chief Negotiator has suggested that the EU has as much to lose as the UK if no Brexit deal is reached following the UK’s declaration of Article 50 – due this Wednesday.
The PM will declare Article 50 on Wednesday, starting the official process of an EU-exit. The Pound continues its rally against the Euro and US Dollar as market fears diminish.
Eurozone PMI figures hit a 6 year high this morning prompting a rally for Euro exchange rates. EC President Juncker has called for friendly and fair Brexit talks.
There is currently optimism that the European Central Bank (ECB) could start to reduce Quantitative Easing measures and raise interest rates, which could all start tomorrow with good PMI data.
Janet Yellen’s conference provides no clues on future monetary action. Markets now await the vote on Trump’s new Healthcare act.
Strong retail sales help boost the Pound ahead of Article 50. A think take produced by Civitas questions the benefits of EU membership.
Bookmakers slash their odds of a President Trump impeachment following comments from Democrat Dianne Feinstein yesterday.
Reports of a terror attack in Westminster saw a sharp fall in Sterling exchange rates. British airliners have been warned to move headquarters post-Brexit.
The UK now has an official deadline for Article 50, but European leaders may hold off on talks until the UK has paid a €60bn Brexit bill.