Brexit News Archive: 29 Jan 2019

Brexit Quagmire Continues as Fed to Hit the Brakes

The US dollar is higher across the board versus major pairs on Tuesday. The biggest event was the Brexit vote in the UK parliament. A very mixed bag as a no-deal exit was almost guaranteed, but how to achieve an actual deal is looking murky. The amendments that were approved ...
Alfonso Esparza / OANDA   |   Tue, 29 Jan 2019 22:50:38

Brexit timeline: key dates in UK's divorce from EU

What happens next as clock ticks on Britain's departure
FT   |   Tue, 29 Jan 2019 22:28:00

British prime minister Theresa May salvages her Brexit deal ... for now

Times of India   |   Tue, 29 Jan 2019 22:24:24

PM wins support to renegotiate Brexit backstop - but EU says no

Theresa May has hailed a "mandate" given to her by MPs to renegotiate her Brexit deal, despite admitting "it will not be easy" in the face of the EU's repeated refusal to reopen talks.
Sky   |   Tue, 29 Jan 2019 22:23:00

France urges Britain to present credible Brexit proposals after parliament vote

France on Tuesday rejected any renegotiation of the EU-UK divorce deal and urged Britain to make credible proposals after British lawmakers passed a motion instructing their government to secure changes to a key element of the deal.
Reuters   |   Tue, 29 Jan 2019 22:18:55

British backstop demand reneges on commitments: Irish minister

British Prime Minister Theresa May's demand for binding changes to a Brexit arrangement for the Irish border known as the amounts to reneging on her government's commitments, Ireland's European Affairs minister said on Tuesday.
Reuters   |   Tue, 29 Jan 2019 22:12:46

Brexit: May wins backing to renegotiate Northern Ireland backstop but EU says nothing has changed

Ms May is now on a collision course with EU leaders who are adamant there can be no reopening of the Brexit deal
Joe Watts / The Independent   |   Tue, 29 Jan 2019 22:09:00

Respite for May at price of appeasing Brexit ultras

The prime minister has united her party with a deal she knows she cannot deliver
FT   |   Tue, 29 Jan 2019 22:06:14

Sterling sinks after lawmakers reject way to prevent no-deal Brexit

Sterling fell sharply on Tuesday after British lawmakers voted down a proposal in parliament that could have prevented a potentially chaotic "no-deal" Brexit.
Reuters   |   Tue, 29 Jan 2019 22:03:10

How did my MP vote?

Find out how your MP voted on the latest Brexit proposals in the House of Commons.
BBC   |   Tue, 29 Jan 2019 22:02:40

Parliament sets May on Brexit collision course with EU

Prime minister's U-turn persuades Eurosceptics to support her move to renegotiate deal
FT   |   Tue, 29 Jan 2019 22:01:42

UK parliament wants new Brexit talks

Brussels reiterates best deal has already been offered The post UK parliament wants new Brexit talks appeared first on Asia Times .
Chris Scott / Asia Times   |   Tue, 29 Jan 2019 22:00:46

Macro Morning

By Chris Becker Risk sentiment was basically unchanged overnight with all eyes on the continued Brexit vote and re-negotiations with Pound Sterling dropping while other currencies remained stable. The leadup to the FOMC meeting is keeping caution at bay with the latest consumer confidence numbers also showing the effects of ...
Chris Becker / MacroBusiness   |   Tue, 29 Jan 2019 22:00:08

EU's Tusk says Brexit 'backstop' not renegotiable

European Council President Donald Tusk said the EU-UK divorce deal was not up for renegotiation after Britain's parliament on Tuesday voted to replace the Irish border arrangement contained in it with unspecified "alternative arrangements".
Reuters   |   Tue, 29 Jan 2019 21:58:12

Britain's Theresa May wins mandate to reopen Brexit deal

British Prime Minister Theresa May won parliament's backing on Tuesday to renegotiate her Brexit deal – a major policy reversal that sets up a clash with Brussels just two months before withdrawal day. May's dramatic decision to abandon a pact she herself sealed with the 27 EU leaders at a ...
Agence France-Presse / South China Morning Post   |   Tue, 29 Jan 2019 21:57:45

Brexit: parliament sends May back to Brussels - what latest amendment votes mean

In its attempts to find a way out of the Brexit impasse, the House of Commons has passed an amendment that gives Theresa May the green light to reopen talks with the European Union about what happens to the Irish border after Brexit - a key sticking point in getting ...
Louise Thompson, Senior Lecturer in Politics, University of Manchester / The Conversation   |   Tue, 29 Jan 2019 21:46:38

Brexit: What just happened and what happens next?

What's the significance of what just happened in the British parliament? And what happens next?
BBC   |   Tue, 29 Jan 2019 21:42:39

Brexit: Your simple guide to the UK leaving the EU

Feeling a little lost about what's going on with Brexit? Here's our basic guide.
BBC   |   Tue, 29 Jan 2019 21:41:38

The Brexit Bill Amendments That Passed And Failed

Stephanie Bosset / Huffington Post   |   Tue, 29 Jan 2019 21:33:11

May seeks Brexit deal overhaul amid Irish border dispute but EU stands firm

British Prime Minister Theresa May on Tuesday sought to salvage a Brexit deal but headed toward a clash with the European Union by promising to ...
No Author / Japan Times   |   Tue, 29 Jan 2019 21:32:53

What could happen next?

Theresa May still needs to get her Brexit deal through Parliament. What might the next move be?
BBC   |   Tue, 29 Jan 2019 21:29:27

Surprise victory for May as MPs back backstop amendment

Tonight Theresa May has won a surprise victory, after MPs voted in favour of a change to her Brexit plan which calls on her to go back to Brussels and demand a better deal on the Northern Irish backstop.
Sky   |   Tue, 29 Jan 2019 21:28:00

UK votes for Brexit renegotiation, Brussels says no

House of Commons votes in favor of an amendment requiring the Irish backstop proposal to be replaced by 'alternative arrangements.'
Charlie Cooper, David M. Herszenhorn / Politico   |   Tue, 29 Jan 2019 21:21:35

Theresa May gets Brexit deal backing after amendment votes

PM wants the reopening of the Brexit deal with Brussels
FT   |   Tue, 29 Jan 2019 21:17:30

Ireland says UK-EU withdrawal agreement not open for renegotiation

The European Union's position on the Brexit withdrawal deal, including the Irish backstop, has not changed and the agreement is not open for renegotiation, Ireland's government said in a statement on Tuesday.
Reuters   |   Tue, 29 Jan 2019 21:15:55

Theresa May has taken back control of Brexit - trouble is, she still has no idea what to do with it

There is no spice worth adding to the events themselves. No salt can augment the terrifying umami of such base inadequacy
Tom Peck / The Independent   |   Tue, 29 Jan 2019 21:10:00

Brexit: Corbyn 'prepared to meet' PM

Jeremy Corbyn said he would meet Theresa May to discuss the next steps for the UK to leave the EU.
BBC   |   Tue, 29 Jan 2019 21:08:48

UK has sent clear message to Brussels on Brexit deal changes - May's spokesman

Britain's parliament has sent a clear message to Brussels on what it will take to get a Brexit deal approved, Prime Minister Theresa May's spokesman said on Tuesday after a vote demanding changes to the current exit deal.
Reuters   |   Tue, 29 Jan 2019 21:07:53

In Major Win For May, MPs Approve Amendment To Eliminate Irish Backstop

Update 2: In a major win for May, the Commons has voted 317-301 in favor of the Brady amendment seeking to remove the most controversial part of the Brexit deal with the EU: The infamous 'Irish Backstop.' The amendment calls for replacing the backstop with a TBD alternative arrangement. May ...
Tyler Durden / Zero Hedge   |   Tue, 29 Jan 2019 21:07:23

What did MPs vote on and what were the results?

MPs voted on a series of amendments designed to change the direction of Brexit.
BBC   |   Tue, 29 Jan 2019 21:06:34

Brexit: MPs back May's bid to change deal

MPs vote for changes to Irish border plans in Theresa May's Brexit deal as she seeks to reopen EU talks.
BBC   |   Tue, 29 Jan 2019 21:05:18

Brexit result: EU takes less than 10 minutes to reject MPs' demand to bin Irish backstop

The EU has rejected MPs' latest demand to scrap the Irish backstop from the Brexit withdrawal agreement, just minutes after the Commons voted on the issue.
The Independent   |   Tue, 29 Jan 2019 21:04:32

Theresa May has been ordered back to Brussels to reopen Brexit talks. Do British lawmakers really think Brussels has been lying to them?

After months of Brexit hot air, the UK's lawmakers have finally given us some idea of what they want.
CNN   |   Tue, 29 Jan 2019 21:02:52

British lawmakers vote down bid to prevent no-deal Brexit

British lawmakers voted on Tuesday against a bid to prevent a potentially disorderly no-deal Brexit by wresting control of the negotiations from Prime Minister Theresa May if she fails to secure concessions from Brussels.
Reuters   |   Tue, 29 Jan 2019 21:01:40

EU's Tusk says 'backstop' part of Brexit deal not renegotiable

European Council President Donald Tusk said the EU-UK divorce deal was not up for renegotiation after Britain's House of Commons on Tuesday voted to replace the Irish backstop border arrangement contained in it with unspecified "alternative arrangements".
Reuters   |   Tue, 29 Jan 2019 21:01:16

Cable falls as PM May gets new mandate to renegotiate with the EU

The British pound fell after UK Parliament passed both the Spellman amendment, which ceremoniously rejects a no-deal Brexit and the Brady amendment, which calls for the planned Irish backstop to be replace by alternative arrangements. Immediately following the vote, Labour leader Jeremy Corbyn announced he is ready to meet with ...
Ed Moya / OANDA   |   Tue, 29 Jan 2019 20:57:34

EC Pres. Tusk spokesman: Backstop is part of withdrawal agreement, it is not up for renegotiation

A spokesman for European Council President Donald Tusk has recently crossed the wires reiterating that the backstop was a part of the withdrawal and was not up for renegotiation. "The withdrawal agreement is and remains the best and only way to ensure orderly Brexit," the spokesman further added. Source: Reuters.
FX Street   |   Tue, 29 Jan 2019 20:55:33

May ordered to reopen Brexit negotiations with EU

Britain is heading for a new showdown with the European Union. UK lawmakers have ordered Theresa May to return to Brussels and reopen her hard-won Brexit deal.
CNN   |   Tue, 29 Jan 2019 20:46:20

Iris Dorbian wrote a new post, PE HUB Second Opinion, on the site PE Hub

PG&E files for bankruptcy following California wildfires. Theresa May survives a critical Brexit vote. Amazon plans to launch a new Middle East marketplace, two years after buying Souq for $580 [...]
peHUB   |   Tue, 29 Jan 2019 20:45:26

UK parliament backs amendment urging government to rule out no-deal Brexit

British lawmakers on Tuesday voted in favor of a proposal calling on the government to rule out leaving the European Union without a deal.
Reuters   |   Tue, 29 Jan 2019 20:45:08

UK parliament votes for Brexit amendment on replacing Irish backstop

British lawmakers voted on Tuesday in favor of a proposal which calls on the government to replace the so-called Northern Irish backstop with alternative arrangements to secure the support of parliament for Prime Minister Theresa May's Brexit deal.
Reuters   |   Tue, 29 Jan 2019 20:44:49

Sterling slumps after lawmakers reject bid to prevent no-deal Brexit

Sterling fell sharply on Tuesday after British lawmakers voted against a bid in parliament to prevent a potentially disorderly no-deal Brexit.
Reuters   |   Tue, 29 Jan 2019 20:43:20

Theresa May On Collision Course With EU After MPs Vote To Reopen Her Brexit Deal

Paul Waugh / Huffington Post   |   Tue, 29 Jan 2019 20:41:58

MPs send Theresa May back to Brussels to renegotiate Brexit deal

Proposal demands that the Northern Ireland backstop be replaced by 'alternative arrangements.'
Charlie Cooper / Politico   |   Tue, 29 Jan 2019 20:41:33

Pound Tumbles As MPs Reject 2 Amendments To Delay Brexit

Update: The Spelman amendment has been accepted 318-310 - an eight vote margin. The amendment (which is non-binding) calls for adding language to the end of May's withdrawal agreement stating that Parliament rejects leaving the EU without a withdrawal deal in place. We're now waiting for one last vote - ...
sellputs / Hedge Accordingly   |   Tue, 29 Jan 2019 20:41:08

Brexit vote: MPs give Theresa May's deal lifeline after backing plan for her renegotiating Irish backstop

The prime minister claimed that there is now a 'substantial and sustainable' majority for leaving the EU with a deal
Joe Watts / The Independent   |   Tue, 29 Jan 2019 20:40:00

EUR/GBP Technical Analysis: Euro is blasting through 0.8700 resistance on Brexit vote

EUR/GBP daily chart EUR/GBP is trading a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs). GBP is being sold across the board as UK lawmakers reject Cooper's 'extend article 50' amendment. EUR/GBP 4-hour chart EUR/GBP is testing the 50 SMA on the 4-hour chart. EUR/GBP 30-minute ...
FX Street   |   Tue, 29 Jan 2019 20:23:19

UK parliament rejects amendment J on delaying Brexit

British lawmakers voted on Tuesday against a non-binding proposal to delay Brexit - a victory for Prime Minister Theresa May who opposed the plan.
Reuters   |   Tue, 29 Jan 2019 20:13:26

Pound sterling falls after MPs vote down Brexit amendments aimed at stopping no-deal

Currency drops sharply after Labour MP Yvette Cooper's amendement fails in Parliament
Adam Forrest / The Independent   |   Tue, 29 Jan 2019 20:12:00

GBP/USD Technical Analysis: Cable is dropping below 1.3100 figure on Brexit votes

GBP/USD 30-minute chart GBP/USD broke below the 1.3100 figure and all its main SMAs as UK lawmakers reject Cooper's 'extend article 50' amendment, GBP/USD drops to 1.31. Targets to the downside can be seen near the 1.3050 and 1.3020 in the short-term. Additional key levels GBP/USD Overview: Today Last Price: ...
FX Street   |   Tue, 29 Jan 2019 20:08:17

Hargreaves Lansdown's Brexit bother comes down to values

Proportion of group's shares being sold short rises despite its resilient performance
FT   |   Tue, 29 Jan 2019 20:06:25

Ireland ready to tap range of emergency aid in no-deal Brexit: PM

Ireland has alerted the European Commission that it will seek emergency aid in the event of a no-deal Brexit and is considering a range of other ways to help firms cope, Prime Minister Leo Varadkar said on Tuesday.
Reuters   |   Tue, 29 Jan 2019 20:00:59

WATCH LIVE: Lawmakers vote on Brexit deal amendments

CNN   |   Tue, 29 Jan 2019 20:00:57

UK parliament rejects Cooper amendment seeking way to delay Brexit

British lawmakers voted on Tuesday against a proposal which could have given parliament the power to delay Brexit - a victory for Prime Minister Theresa May who opposed the plan.
Reuters   |   Tue, 29 Jan 2019 19:57:42

No-Deal Brexit More Likely As MPs Reject Bid To Extend Article 50 Deadline

Rachel Wearmouth / Huffington Post   |   Tue, 29 Jan 2019 19:57:27

UK parliament rejects move to delay Brexit

MPs vote down proposal by Labour MP Yvette Cooper.
Charlie Cooper / Politico   |   Tue, 29 Jan 2019 19:56:31

Brexit vote latest: Amendment to stop no-deal Brexit in March fails to receive MPs' backing

As she tabled the amendment, Labour MP Yvette Cooper warned: 'I fear we will reach the brink'
Ashley Cowburn / The Independent   |   Tue, 29 Jan 2019 19:55:00

May seeks to renegotiate EU divorce deal

Seeking to break Britain's Brexit deadlock, Prime Minister Theresa May says she plans to ask the European Union to change its divorce deal with the U.K. by altering an Irish border guarantee that is opposed by many British lawmakers. (Jan. 29)
AP, AP / USA Today   |   Tue, 29 Jan 2019 19:54:11

'Uninvestable': World's most hated shares need more than a Brexit delay

It may take more than a delay in Brexit to lure foreign funds back to UK stocks, a market that's been deemed by some strategists as
SMH   |   Tue, 29 Jan 2019 19:46:46

UK parliament rejects Dominic Grieve's amendment G

British lawmakers voted on Tuesday against a proposal which sought to hand parliament more control over Brexit by paving the way for the chamber to consider alternatives to Prime Minister Theresa May's deal with the European Union.
Reuters   |   Tue, 29 Jan 2019 19:44:01

FTSE 100 added almost 89 points or 1.3% to close at 6,833.93

The FTSE 100 added almost 89 points or 1.3% to close at 6,833.93 as MPs started to debate ahead of voting on a series of amendments to PM May's Brexit plan B - voting is underway. Markets in Europe had a defensive tone to start the day ahead of this ...
FX Street   |   Tue, 29 Jan 2019 19:39:28

UK parliament rejects SNP Brexit amendment O

British lawmakers on Tuesday voted against a proposal put forward by the Scottish National Party which called for the government to delay the March 29 Brexit date and rule out a no-deal exit.
Reuters   |   Tue, 29 Jan 2019 19:37:00

Show the EU what Brexit you want, May tells British lawmakers

Prime Minister Theresa May asked the divided British parliament to send a message to Brussels on Tuesday that lawmakers would support a negotiated European Union withdrawal deal if a plan to avoid a hard border in Ireland was replaced.
Reuters   |   Tue, 29 Jan 2019 19:32:47

Brexit becomes an engrossing spectator sport

May's push to reopen her withdrawal agreement proves a big draw at Westminster
FT   |   Tue, 29 Jan 2019 19:31:20

UK parliament rejects Labour's Brexit amendment

British lawmakers voted 327 to 296 on Tuesday against a proposal which called for parliament to consider alternative options to prevent Britain leaving the European Union without a deal.
Reuters   |   Tue, 29 Jan 2019 19:28:04

EUR/GBP Technical Analysis: Euro is trading at daily high and challenging the 0.8700 resistance ahead of Brexit votes

EUR/GBP daily chart EUR/GBP is in a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs). Last week, EUR/GBP tested the 2018 low. EUR/GBP: Great two-way business as pound is thrashed around ahead of today's Brexit vote EUR/GBP 4-hour chart EUR/GBP is trading below its main SMAs, ...
FX Street   |   Tue, 29 Jan 2019 19:24:17

UK: Lawmakers reject Corbyn's amendment as expected

British lawmakers voted down, 327 vs 296, Jeremy Corbyn's amendment that aimed at avoiding a no deal Brexit and replacing with a form of customs union.
FX Street   |   Tue, 29 Jan 2019 19:16:55

May rolls the dice with move to reopen Brexit deal

Prime minister sides with Eurosceptic critics despite EU insistence on no renegotiations
FT   |   Tue, 29 Jan 2019 19:01:44

UK Conservative pro-Brexit group says will back Brady amendment

A group of pro-Brexit Conservative lawmakers said on Tuesday it had decided collectively to back a proposal for the so-called Irish backstop to be replaced with other arrangements to avoid a hard border in Ireland.
Reuters   |   Tue, 29 Jan 2019 19:01:29

Waning threat of no-deal Brexit lifts UK stocks

BAT rebounds after Piper Jaffray says dividends are safe
FT   |   Tue, 29 Jan 2019 19:01:18

Brexit halt to blood donor sessions amid traffic fears reversed

Fears Brexit would lead to major congestion as hundreds of lorries are delayed led the NHS to act.
BBC   |   Tue, 29 Jan 2019 18:54:43

Most pro-Brexit ERG Conservative lawmakers likely to support Brady amendment

Most members of a pro-Brexit faction of UK Conservative lawmakers are likely to back a proposal for the so-called Irish backstop to be replaced with other arrangements to avoid a hard border in Ireland, one member, who declined to be named, said.
Reuters   |   Tue, 29 Jan 2019 18:49:28

GBP/JPY Technical Analysis: Remains in an ascendant channel

Volatility across pound's crosses likely to increase amid Brexit and UK political uncertainty. The GBP/JPY pair continues to move with a bullish bias within an ascendant channel. The key support today stands around 143.00. A break lower would open the doors to more losses and a potential slide to 142.00. ...
FX Street   |   Tue, 29 Jan 2019 18:30:20

Teen activist's strong words for world leaders at Davos | Letter

Anne Taylor is impressed by 16-year-old's Greta Thunberg's speech at the World Economic Forum in Geneva Jeremy Corbyn considered it wasting time at a "billionaires' jamboree", referring to a quarter of the cabinet flying to Davos in the middle of the Brexit impasse (The week that was, Environment, 26 January). ...
Letters / Guardian   |   Tue, 29 Jan 2019 18:26:26

Brexit vote - live updates: MPs start voting on key amendments as Theresa May's plans to reopen EU talks branded a 'fantasy'

Follow live updates from Westminster
Shehab Khan, Lizzy Buchan / The Independent   |   Tue, 29 Jan 2019 18:26:00

Blood donation canceled in Kent over Brexit

Blood donation sessions in two southern English towns have been canceled during an eight-week period over fears of Brexit-related traffic jams, the National Health Service confirmed.
CNN   |   Tue, 29 Jan 2019 18:20:27

USD/JPY: Scalpers delight, but for how long?

USD/JPY is consolidating in a scalpers paradise today as FX pairs gyrate across the sessions. Investors brace themselves for high-level Sino/US trade talks, the Fed and today's Brexit vote on PM May's plan B. USD/JPY is currently trading at 109.40, up from the 109.12 low and below the 109.54 high. ...
FX Street   |   Tue, 29 Jan 2019 18:12:50

No deal Brexit could 'weaken' UK and EU, top US intel chief warns

Ben Riley-Smith / Telegraph   |   Tue, 29 Jan 2019 18:10:16

Jurgen Klopp: Liverpool manager says he can 'never' enjoy Premier League title race

Liverpool boss Jurgen Klopp talks to BBC Sport about the Premier League title race, the intensity of the season, racism and Brexit.
BBC   |   Tue, 29 Jan 2019 18:09:13

Faced With Confusion, People Are Making Up Their Own Bizarre Brexit Amendments

Graeme Demianyk / Huffington Post   |   Tue, 29 Jan 2019 17:50:58

EUR/GBP: Great two-way business as pound is thrashed around ahead of today's Brexit vote

EUR/GBP has been making tracks to the upside as GBP losing some shine ahead of the UK Parliamentary vote. EUR/GBP is currently trading at 0.8686, from a low of 0.8655 and a high of 0.8715. EUR/GBP has been good two-way business following the highs scored in overnight trade and late ...
FX Street   |   Tue, 29 Jan 2019 17:44:15

Brexit: Theresa May will ask the EU to reopen Brexit deal

Theresa May tells the Commons she will seek "significant and legally binding changes" to her plan.
BBC   |   Tue, 29 Jan 2019 17:24:46

Business is 'praying' for Brexit to be delayed

Businesses are calling for Brexit to be delayed to avoid the nightmare scenario of the United Kingdom leaving the European Union on March 29 without a divorce deal that protects trade.
CNN   |   Tue, 29 Jan 2019 17:23:26

Brexit: How The Poor Idiots Got It Wrong

Guido has got his hands on a special interview from Elite TV, where a leading #Remainer is interviewed about how the poor idiots voted the wrong way, and how to stop them. Worth a watch... The post Brexit: How The Poor Idiots Got It Wrong appeared first on Guido Fawkes ...
Tom Harwood / Guy Fawkes' blog   |   Tue, 29 Jan 2019 17:22:33

EU official: EU would not accept Brady amendment to UK PM's Brexit Plan

Confirming the reports from earlier, an official for the EU said that the EU would not accept the Brady amendment to British Prime Minister Theresa May's Brexit Plan B. The Brady amendment calls for Brexit withdrawal agreement to be approved on the condition that the Northern Irish Backstop is replaced ...
FX Street   |   Tue, 29 Jan 2019 17:21:38

UK Lawmakers Says Country Would be Fully Functional Even in No Deal Scenario

Britain would have "fully functional" rules to remain a top global financial center even if it left the European Union without a Brexit deal, its lawmakers said on Tuesday. They sought to reassure foreign financial firms that a no deal Brexit would not result in disarray for the City of ...
Alfonso Esparza / OANDA   |   Tue, 29 Jan 2019 17:07:42

Brexit twist: Prime Minister May asks MPs to vote against her own deal

Theresa May is to return to Brussels demanding last-minute changes to the Brexit divorce deal. But critics called her new plan an fantasy.
Nick Miller / SMH   |   Tue, 29 Jan 2019 17:02:54

The US-China trade war and Brexit are dealing body blows to already weak global trade

As the trade cycle turns, so goes the global economy. But there is a new twist. With growth in global trade sharply diminished since the 2008-2009 global financial crisis, an upsurge of protectionism, disrupting global supply chains, is all the more problematic. There is a distinct possibility a turn in ...
Stephen Roach / South China Morning Post   |   Tue, 29 Jan 2019 17:00:45

Ireland to hold firm despite 'no-deal' Brexit threat

Finance minister Donohoe admits economy would suffer but says backstop must stay
FT   |   Tue, 29 Jan 2019 16:58:14

GBP/USD drops to session lows, recovers to 1.3150 as Brexit Plan B debate continues

EU's Juncker is said to tell PM May that Brady amendment won't work. Debate on Brexit Plan B continues in the House of Commons. US Dollar Index retreats from session highs. The GBP/USD pair came under a renewed selling pressure in the last hour and dropped to a fresh session ...
FX Street   |   Tue, 29 Jan 2019 16:49:28

Post offices running out of Irish passport forms as Brexit fears prompt surge in demand

Irish Passport Service says it will issue more forms across the country
Shehab Khan / The Independent   |   Tue, 29 Jan 2019 16:48:20

When is the UK Parliamentary vote and how could it affect GBP/USD?

UK Parliamentary vote overview: As the sands of time run out, Prime Minister Theresa May's Brexit plan failed to get through The House of Commons and she suffered a devastating defeat by a record majority of 230 in the long-awaited 'meaningful vote'. This sparked a leadership challenge by opposition leader ...
FX Street   |   Tue, 29 Jan 2019 16:46:21

GBP/USD Technical Analysis: Cable hit a new daily low ahead of UK parliamentary debate on Brexit Plan B

GBP/USD daily chart GBP/USD broke above the 1.13100 figure and the 200-day simple moving average suggesting bullish momentum on the daily time-frame. The Brexit Plan B amendments are going to be debated and then voted in the House of Commons at around 19.00 GMT or later this week. GBP/USD 4-hour ...
FX Street   |   Tue, 29 Jan 2019 16:35:14

Gold Jumps To 8-Month Highs As Geopolitical Chaos Reigns

Gold extended gains to an eight-month high as fallout from geopolitical turmoil including US-China trade tensions, a WW3-inducing Venezuelan 'coup', and Brexit uncertainty has spurred demand for the safe-haven metal. Spot gold is now at its highest since May 2018 against the USDollar... Gold is also strong against the yuan ...
Tyler Durden / Zero Hedge   |   Tue, 29 Jan 2019 16:28:47

WATCH LIVE: Lawmakers prepare to vote on Brexit deal

CNN   |   Tue, 29 Jan 2019 16:20:51

NHS Cancels Dover Blood Donations In Brexit Chaos Fears

Connor Parker / Huffington Post   |   Tue, 29 Jan 2019 16:20:44

UK Parliament to vote on crucial Brexit amendments

The UK Parliament will vote on a crucial set of amendments later on Tuesday to determine the future course of Brexit as British Prime Minister Theresa May agreed to go back to the European Union (EU) to reopen negotiations on a legally-binding withdrawal agreement.
Times of India   |   Tue, 29 Jan 2019 16:18:45

Show the EU what Brexit you want, PM May tells British lawmakers

Prime Minister Theresa May asked the divided British parliament to send a message on Tuesday to Brussels that it would support a European Union withdrawal deal if a plan to avoid a hard border in Ireland is replaced.
Reuters   |   Tue, 29 Jan 2019 16:14:29

The world needs to start panicking about Brexit

As the Greek debt crisis reached its peak in 2012, it was almost impossible to turn on the news without hearing the word -- the idea that the economic woes caused by Greece's huge government debt (or, to some, by the greed of its creditors) would cause a systemic financial ...
CNN   |   Tue, 29 Jan 2019 16:12:20

Theresa May's new Brexit plan could be too little, too late

CNN   |   Tue, 29 Jan 2019 16:11:13

Show the EU what Brexit you want, May tells British MPs

Prime Minister Theresa May asked the divided British parliament to send a message on Tuesday to Brussels that it would support a European Union withdrawal deal if a plan to avoid a hard border in Ireland is replaced.
Reuters   |   Tue, 29 Jan 2019 16:10:15

EUR/USD remains weak and hits fresh daily lows, still above 1.1400

Euro among worst performers of the last hours while greenback posts mix results. US Data: Decline in consumer confidence, and home prices rise less than expected. In Europe, UK Parliament will vote on Brexit while in the US the FOMC meeting is underway. The negative tone for EUR/USD remains in ...
FX Street   |   Tue, 29 Jan 2019 16:10:01

Spain to insist on excluding Gibraltar from any Brexit deal: sources

Spain will insist on excluding Gibraltar from all agreements between Britain and the European Union once Britain has left the European Union, Spanish diplomatic sources said on Tuesday.
Reuters   |   Tue, 29 Jan 2019 16:09:34

Live FX market analysis - 29 January 2019 (video)

Another intriguing week in store for FX markets with the usual topics dominating, most notably the US trade war with China and Brexit. Senior Market Analyst Craig Erlam provides an update on both of these as well as the upcoming Federal Reserve meeting and US jobs report, among other things. ...
Craig Erlam / OANDA   |   Tue, 29 Jan 2019 16:08:18

Ireland, EU resolve on Brexit withdrawal deal unchanged - Irish finance minister

The Irish government and European Union's resolve to maintain the Brexit withdrawal deal is unchanged after British Prime Minister Theresa May committed to seeking changes to it on Tuesday, Ireland's finance minister said.
Reuters   |   Tue, 29 Jan 2019 16:05:00

Britain to Prioritize Keeping Medicines Stocked Over Food in Case of No-Deal Brexit

Ensuring there are no shortages of basic medicines if Britain leaves the EU on March 29 without a Brexit deal will be more of a priority than keeping grocery stores stocked with fresh produce, the British government has admitted. Asked at a select committee why the pharmaceutical industry seemed to ...
George Steer / Time   |   Tue, 29 Jan 2019 15:58:07

Brexit: key amendments by MPs to May's deal

House of Commons to vote on Tuesday on proposals to break parliamentary impasse
FT   |   Tue, 29 Jan 2019 15:55:18

May spoke to EU's Juncker on Tuesday - May's spokesman

British Prime Minister Theresa May spoke to European Commission President Jean-Claude Juncker on Tuesday before calling on parliament to send a direct message to the European Union over the need for changes to the Brexit deal.
Reuters   |   Tue, 29 Jan 2019 15:47:56

British Prime Minister Theresa May seeks changes to Brexit deal as EU stands firm

British Prime Minister Theresa May said Tuesday she plans to ask the European Union to change the Brexit deal by altering an Irish border guarantee that is opposed by many British lawmakers. EU leaders have ruled out any renegotiation, but May urged Parliament to give her a mandate by backing ...
Associated Press / LA Times   |   Tue, 29 Jan 2019 15:40:00

Reality Of Brexit Uncertainty Starting To Bite As Insolvencies Soar

'Reality of Brexit uncertainty starting to bite as business and personal insolvencies soar' - Brian Johnson, business recovery and insolvency partner at H W Fisher & Company comments: "The reality of Brexit, and the economic uncertainty caused by it, is [...] The post Reality Of Brexit Uncertainty Starting To Bite ...
Jacob Wolinsky / Value Walk   |   Tue, 29 Jan 2019 15:39:08

Futures In Five: Stocks Oscillate as Market News Swirls

Stocks have paused for the past several days as new cycles continue to swirl. From the government shutdown to global politics to Brexit, etc... This is why traders are wise to know where the edges are while trading technical support and resistance. The S&P 500 options spread expiring tomorrow widens ...
Anne-Marie Baiynd / See It Market   |   Tue, 29 Jan 2019 15:39:07

Theresa May attacks MPs seeking to delay Brexit

The UK prime minister said the actions could have 'far-reaching and long-term implications.'
Charlie Cooper / Politico   |   Tue, 29 Jan 2019 15:34:30

Watch Live: MPs Debate And Vote On Brexit Deal In The House Of Commons

Harriet Grecian / Huffington Post   |   Tue, 29 Jan 2019 15:33:11

GBP/USD - British pound subdued as parliament revisits Brexit deal

GBP/USD has posted small gains in the Tuesday session. In North American trade, the pair is trading at 1.3177, up 0.14% on the day. In the U.S., CB Consumer Confidence dropped sharply to 120.5, missing the forecast of 125.2 points. In the U.K., parliament will vote on amendments to the ...
Kenny Fisher / OANDA   |   Tue, 29 Jan 2019 15:26:48

Corbyn says his party backs three-month Brexit delay

British opposition Labour leader Jeremy Corbyn said on Tuesday his party would back a three-month delay to Brexit if the government cannot get an exit deal approved by parliament before Feb. 26.
Reuters   |   Tue, 29 Jan 2019 15:25:23

UK Labour leader Corbyn says his party backs three-month Brexit delay

British opposition Labour leader Jeremy Corbyn said on Tuesday his party would back a three-month delay to Brexit if the government cannot get an exit deal approved by parliament before Feb. 26.
Reuters   |   Tue, 29 Jan 2019 15:23:45

Top U.S. intelligence official warns of danger from 'no-deal' Brexit

U.S. Director of National Intelligence Dan Coats warned on Tuesday of economic disruptions if Britain leaves the European Union without a deal.
Reuters   |   Tue, 29 Jan 2019 15:19:21

EU will not reopen Brexit withdrawal agreement: diplomat

The European Union will not reopen the Brexit agreement with Britain, a diplomat from the bloc said on Tuesday, after Prime Minister Theresa May said there would have to be change to the deal to win parliament's support.
Reuters   |   Tue, 29 Jan 2019 15:18:43

Brexit & Beyond: U.K. to Seek Renegotiation of Brexit Deal

To subscribe to the newsletter, please sign up here Dear reader, We are ending the Brexit & Beyond newsletter on Jan. 31, and will soon begin sending you our daily What's News newsletter. It features the best of The Wall Street Journal, including Brexit and European news. You can also ...
WSJ Staff / MoneyBeat   |   Tue, 29 Jan 2019 15:10:28

Brexit delay is now inevitable: British Labour leader Corbyn

British opposition Labour leader Jeremy Corbyn said on Tuesday he believed the government would have to delay Britain's departure from the European Union as time runs out to get a deal with Brussels.
Reuters   |   Tue, 29 Jan 2019 15:02:37

Theresa May Plans to Ask EU to Change Brexit Deal By Altering Irish Border Guarantee

May insists her agreement can still win Parliament's backing
JILL LAWLESS and DANICA KIRKA / AP / Time   |   Tue, 29 Jan 2019 15:01:57

May says a divided UK parliament makes Brexit more unlikely

Prime Minister Theresa May called on Britain's lawmakers to send a message to the European Union that they would support her plans to renegotiate the Brexit divorce deal and said a divided parliament would make it harder to leave the European Union.
Reuters   |   Tue, 29 Jan 2019 15:01:29

Not Enough Companies Are Ready for Brexit, No Matter What Happens Next

The uncertainty is affecting every industry.
Athanasia Kokkinogeni / HBR   |   Tue, 29 Jan 2019 15:00:51

Brexit delay is now inevitable - Corbyn

British opposition Labour leader Jeremy Corbyn said on Tuesday he believed the government would have to delay Britain's departure from the European Union as time runs out to get a deal with Brussels.
Reuters   |   Tue, 29 Jan 2019 14:57:40

What will happen in this week's crucial Commons votes on Brexit?

Analysis: On Tuesday, MPs will attempt to take the next step in the Brexit process. Ashley Cowburn looks at some of the crucial amendments the Commons are set to vote on and considers what might happen next
Ashley Cowburn / The Independent   |   Tue, 29 Jan 2019 14:55:05

British Jews Apply for German Nationality as Brexit Looms

A burgeoning crisis has prompted the descendants of Holocaust survivors to re-examine their beliefs about their families' country of origin.
KIRSTEN GRIESHABER / The Associated Press / truthdig   |   Tue, 29 Jan 2019 14:54:53

Show Brussels what Brexit you want, May tells MPs

Prime Minister Theresa May asked the divided British parliament to send a message to Brussels that it would support her European Union withdrawal deal if a plan to avoid a hard border in Ireland is replaced.
Reuters   |   Tue, 29 Jan 2019 14:50:05

German minister urges Britain not to allow incidental no-deal Brexit

German Economy Minister Peter Altmaier said on Twitter that a no-deal Brexit would be harmful for many people and Britain should not allow it to happen by accident given that many Britons were against it.
Reuters   |   Tue, 29 Jan 2019 14:49:40

May seeking significant changes to Brexit divorce deal

British Prime Minister Theresa May said she is seeking to renegotiate the Brexit divorce deal agreed with the European Union to secure changes although this is likely to face strong resistance from the bloc.
Reuters   |   Tue, 29 Jan 2019 14:43:38

Show Brussels what Brexit you want, UK PM May tells lawmakers

Prime Minister Theresa May asked the divided British parliament to send a message to Brussels that it would support her European Union withdrawal deal if a plan to avoid a hard border in Ireland is replaced.
Reuters   |   Tue, 29 Jan 2019 14:41:50

UK PM May seeking significant changes to Brexit divorce deal

British Prime Minister Theresa May said she is seeking to renegotiate the Brexit divorce deal agreed with the European Union to secure changes although this is likely to face strong resistance from the bloc.
Reuters   |   Tue, 29 Jan 2019 14:41:31

PM Launches Last Bid To Keep Brexit Deal Alive In Offer To Reopen Brussels Talks

Paul Waugh / Huffington Post   |   Tue, 29 Jan 2019 14:41:29

DUP welcomes May's promise to seek changes to Brexit Withdrawal Agreement

The deputy leader of the Northern Irish Party that props up Prime Minister Theresa May's government said on Tuesday he welcomed her commitment to seek changes to the Withdrawal Agreement she has negotiated with Brussels.
Reuters   |   Tue, 29 Jan 2019 14:40:17

Theresa May calls for clarity from Commons on Brexit demands

Prime minister asks MPs to send 'emphatic message' to Brussels
FT   |   Tue, 29 Jan 2019 14:38:22

GBP/USD spikes to 1.3200 neighborhood ahead of amendment votes

• The GBP gains some traction at the start of PM May's Brexit Plan B debate. • The uptick, however, lacked follow-through ahead of the amendment votes. The GBP/USD pair finally broke out of its daily consolidative range and spiked to the 1.3200 neighborhood, fresh session tops amid a flurry ...
FX Street   |   Tue, 29 Jan 2019 14:30:15

UK PM May: EU is willing to agree a Brexit deal

Prime Minister Theresa May said the European Union wants to agree a Brexit divorce deal but that lawmakers must be clear what type of deal they will support after parliament rejected her deal this month in the biggest defeat in modern British history.
Reuters   |   Tue, 29 Jan 2019 14:26:26

May - EU is willing to agree a Brexit deal

Prime Minister Theresa May said the European Union wants to agree a Brexit divorce deal but that MPs must be clear what type of deal they will support after parliament rejected her deal this month in the biggest defeat in modern British history.
Reuters   |   Tue, 29 Jan 2019 14:26:07

WATCH LIVE: Lawmakers prepare to vote on amendments to British PM's Brexit deal

CNN   |   Tue, 29 Jan 2019 14:25:43

Factbox - May's Brexit 'plan B': What happens next in parliament?

MPs on Tuesday will debate and vote on British Prime Minister Theresa May's response to the overwhelming rejection of her Brexit plan earlier this month.
Reuters   |   Tue, 29 Jan 2019 14:21:41

Brexit: All the latest updates

With just 60 days until Brexit, Prime Minister Theresa May is attempting to get her deal approved by MPs.
Al Jazeera   |   Tue, 29 Jan 2019 14:15:58

UK house speaker selects amendments to be voted on in Brexit debate

FT   |   Tue, 29 Jan 2019 14:14:42

Brexit shines light on Church of England rift between leadership and Anglican majority

Two recent statements from the leader of the Anglican church, Justin Welby, reflect a growing division in the church between a party and a more mainstream majority. The latter are stronger in numbers but the former are now in power. Welby's first statement, issued jointly with his number two, the ...
Linda Woodhead, Director of Religion and Society, University of Lancaster, Lancaster University / The Conversation   |   Tue, 29 Jan 2019 14:11:11

May tells parliament - show EU what Brexit deal you want

British Prime Minister Theresa May said on Tuesday that a vote in parliament is a chance to draw a line under divisions that have prevented parliament approving a Brexit deal and is an opportunity to show the European Union what MPs do want.
Reuters   |   Tue, 29 Jan 2019 14:10:21

Brexit latest news: MPs given green light to vote on binning backstop and removing no deal

MPs will have the chance to vote on plans aiming to renegotiate the backstop and block a no-deal Brexit, commons speaker John Bercow has announced.
Joe Watts / The Independent   |   Tue, 29 Jan 2019 14:07:00

UK parliament to vote on up to seven proposed changes to May's Brexit plan

British MPs will have the opportunity to vote on up to seven proposed changes to Prime Minister Theresa May's Brexit deal on Tuesday, the Speaker of the House of Commons John Bercow said.
Reuters   |   Tue, 29 Jan 2019 14:06:33

UK financial watchdogs seek to shore up post-Brexit EU accords

Regulators negotiate with bloc so they can continue to share data in no-deal scenario
FT   |   Tue, 29 Jan 2019 14:04:46

UK PM May: We need to send a message about what the Parliament does want

British Prime Minister Theresa May is speaking in the House of Commons before the voting starts on amendments on Brexit Plan B. Key quotes (via Reuters) Parliament does not want to leave EU without a deal. Don't see a majority for holding a second Brexit referendum. This Parliament does not ...
FX Street   |   Tue, 29 Jan 2019 14:02:38

Pound Jumps As Theresa May Asks For Mandate To Renegotiate With EU

Update: In another positive sign for the pound, DUP Deputy Leader Nigel Dodds said the party "welcomes the fact that May says she will reopen the withdrawal agreement." Meanwhile, here's a quick guide to Tuesday's Brexit deal courtesy of BBC. * * * The pound surged on Tuesday morning, sending ...
Tyler Durden / Zero Hedge   |   Tue, 29 Jan 2019 14:01:06

Is this the final Brexit showdown?

ANALYSIS Theresa May's new Brexit plan could be too little, too late
CNN   |   Tue, 29 Jan 2019 13:56:54

Bercow Selects Graham Brady's Amendment

After much speculation, John Bercow has decided to call Graham Brady's amendment on modifying the Irish backstop, as well as all the other major amendments that were expected including Yvette Cooper's Brexit blocker. Even Bercow didn't have the temerity not to call the most keenly-debated amendment - with Government support... ...
Hugh Bennett / Guy Fawkes' blog   |   Tue, 29 Jan 2019 13:53:41

GBP/USD Technical Analysis: Cable trading below 1.3200 figure ahead of UK parliamentary debate on Brexit Plan B

GBP/USD daily chart GBP/USD broke above the 1.13100 figure and the 200-day simple moving average suggesting bullish momentum on the daily time-frame. The Brexit Plan B amendments are going to be debated and voted in the House of Commons at around 19.00 GMT or later this week. GBP/USD 4-hour chart ...
FX Street   |   Tue, 29 Jan 2019 13:46:09

Junior Brexit minister tweets crude joke about 'Dyson ball cleaners' on crucial day of amendment votes on EU withdrawal

'Wow on today of all days! I thought you'd have something better to do,' fellow Twitter user tells Chris Heaton-Harris
Shehab Khan / The Independent   |   Tue, 29 Jan 2019 13:41:00

Rethinking divorce: the rights of UK nationals are at risk

The PM alone made the decision to leave the EU on the basis of the referendum result: Article 50 was invoked before setting out what type of Brexit the country would pursue. Theresa May, UK PM, during European Council Summit, December 14, 2018. NurPhoto/ Press Association. All rights reserved. Brexit ...
Brad K. Blitz / Open Democracy   |   Tue, 29 Jan 2019 13:39:33

Theresa May will seek to reopen Brexit Withdrawal Agreement

'Legal changes to the backstop will be required,' says UK prime minister's spokesperson.
Charlie Cooper / Politico   |   Tue, 29 Jan 2019 13:31:12

British lawmakers tell banks that no deal Brexit will not spell disarray

Britain would have "fully functional" rules to remain a top global financial center even if it left the European Union without a Brexit deal, its lawmakers said on Tuesday.
Reuters   |   Tue, 29 Jan 2019 13:05:27

Conservative Party lawmakers offer last-minute compromise on Brexit plan

Lawmakers in British Prime Minister Theresa May's Conservative Party on Tuesday proposed a last-minute compromise Brexit plan which seeks to draw a line under internal ...
No Author / Japan Times   |   Tue, 29 Jan 2019 13:05:23

Brexit: Is this the final showdown?

CNN   |   Tue, 29 Jan 2019 12:54:03

With Brexit looming, U.K. Jews apply for German nationality

Simon Wallfisch grew up in London as the grandson of an Auschwitz survivor, who had sworn to never return to the country that murdered her ...
No Author / Japan Times   |   Tue, 29 Jan 2019 12:52:27

Jeremy Corbyn Backs Move To Delay Article 50 And Avoid No-Deal Brexit

Ned Simons / Huffington Post   |   Tue, 29 Jan 2019 12:47:07

May to EU - Reopen Brexit withdrawal agreement to win parliament's support

British Prime Minister Theresa May told her senior ministers on Tuesday that in order to win parliament's support for her Brexit deal, that agreement would have to be reopened, her spokesman said.
Reuters   |   Tue, 29 Jan 2019 12:46:50

UK opposition Labour Party to back plan which could delay Brexit

Britain's opposition Labour Party will tell its lawmakers to vote for a plan which could give parliament the power to delay Brexit, a Labour source said on Tuesday.
Reuters   |   Tue, 29 Jan 2019 12:46:42

UK PM May to EU: Reopen Brexit withdrawal agreement to win parliament's support

British Prime Minister Theresa May told her senior ministers on Tuesday that in order to win parliament's support for her Brexit deal, that agreement would have to be reopened, her spokesman said.
Reuters   |   Tue, 29 Jan 2019 12:46:17

British Parliament to Vote on Brexit Plans But E.U. Stands Firm

(LONDON) - The British Parliament was set to vote on competing Brexit plans Tuesday, with Prime Minister Theresa May desperately seeking a mandate from lawmakers to help secure concessions from the European Union. But amid political gridlock in London and with Brexit day just two months away, the EU shows ...
JILL LAWLESS and DANICA KIRKA/ AP / Time   |   Tue, 29 Jan 2019 12:46:06

UK PM May's spokesman: Tuesday's vote would not be last chance for the parliament to express its will

The UK PM's spokesman, James Slack, was out with some comments in the last hour, saying that Theresa May told has decided to speak first in the Brexit debate to set out government support for Brady Amendment. Additional quotes: • PM told cabinet that Brady Amendment has a number of ...
FX Street   |   Tue, 29 Jan 2019 12:42:53

May's party offers new compromise to break Brexit impasse

MPs in British Prime Minister Theresa May's Conservative Party on Tuesday proposed a last-minute compromise Brexit plan which seeks to draw a line under internal divisions that have so far prevented parliament approving an exit deal.
Reuters   |   Tue, 29 Jan 2019 12:42:42

UK PM May's party offers new compromise to break Brexit impasse

Lawmakers in British Prime Minister Theresa May's Conservative Party on Tuesday proposed a last-minute compromise Brexit plan which seeks to draw a line under internal divisions that have so far prevented parliament approving an exit deal.
Reuters   |   Tue, 29 Jan 2019 12:41:48

Brexit: Theresa May to demand EU reopen talks on key parts of her deal, so Irish backstop can be changed

Downing Street has said reopening the withdrawal agreement is the only way to get the deal through parliament
Joe Watts / The Independent   |   Tue, 29 Jan 2019 12:41:00

The Dickensian fog of Brexit

Parliamentary votes will make for absorbing political theatre, but provide no clear way out of impasse
FT   |   Tue, 29 Jan 2019 12:34:59

Brexit update: Labour said to be backing the Cooper Amendment - sources

According to the Daily Mirror's political editor, citing unnamed sources, Labour were said to be backing Cooper amendment to reduce the threat of the chaos of a no deal exit but will try to shorten the time. "The bill could give MPs a temporary window to agree a deal that ...
FX Street   |   Tue, 29 Jan 2019 12:29:33

Labour Party to back plan which could delay Brexit

Britain's opposition Labour Party will tell its MPs to vote for a plan which could give parliament the power to delay Brexit, a Labour source said on Tuesday.
Reuters   |   Tue, 29 Jan 2019 12:25:34

Markets Mixed Ahead Of Barrage Of News As Gold Hits 6 Month High

In a session that has seen global markets drift around ahead of a barrage of key events and gold climb to a seven-month high... ... European stocks reversed modest early losses to trade 0.8% higher, with UK's FTSE 100 rising 1.4% as cable fluctuated ahead of today's "Plan B" Brexit ...
Tyler Durden / Zero Hedge   |   Tue, 29 Jan 2019 12:18:18

Labour to back Brexit amendment to stop no-deal

Labour source tells The Independent: 'We are backing the [Yvette] Cooper amendment to reduce the threat of the chaos of a no-deal exit'
Ashley Cowburn / The Independent   |   Tue, 29 Jan 2019 12:15:00

Corbyn Backs Brexit-Blocking Cooper Amendment

The BBC's Laura K has confirmed that Labour will be officially backing the Yvette Cooper amendment which would tear up the rules of Parliament and allow backbench MPs to bring in a Bill to block Brexit from happening in March. Hardline Remainers trying to reverse Brexit will be delighted. How ...
Hugh Bennett / Guy Fawkes' blog   |   Tue, 29 Jan 2019 12:14:07

USD/JPY: Soft Brexit supports renewed risk-on sentiments

The USD/JPY is trading little changed at around mid 109s as the market is awaiting fresh impulses from Brexit deal debate and the FOMC meeting on Wednesday. Falling corporate profits weigh on market sentiment with traditional safe havens benefiting from risk-off. The Brexit deal debate as a major risk factor ...
FX Street   |   Tue, 29 Jan 2019 12:00:58

EU Parliament will veto Brexit deal if British MPs try to amend it, Guy Verhofstadt warns

European Parliament Brexit coordinator issues warning over amendments to 'water down' deal
Jon Stone / The Independent   |   Tue, 29 Jan 2019 11:51:00

Brexit: Theresa May seeks to break deadlock with MPs - live

FT   |   Tue, 29 Jan 2019 11:44:07

DUP holds firm to removal of backstop ahead of key UK votes

The Irish backstop and withdrawal agreement as they stand are not acceptable, Democratic Unionist Party lawmaker Sammy Wilson said on Tuesday, before the UK parliament votes on amendments to Prime Minister Theresa May's Brexit deal with Brussels.
Reuters   |   Tue, 29 Jan 2019 11:40:37

DUP's Wilson: Backstop has to be removed with commitment to no hard border

Democratic Unionist Party (DUP) MP and Brexit spokesman - Sammy Wilson was out with some comments in the last hour, saying that backstop and withdrawal agreement, as it stands now, are not acceptable. Wilson was further noted saying that DUP has had private discussions with Theresa May on the matter ...
FX Street   |   Tue, 29 Jan 2019 11:29:27

Investors prepare for UK pound tumult ahead of Commons vote

Implied volatility rises to highest level since mid-January Brexit vote
FT   |   Tue, 29 Jan 2019 11:28:43

DUP Back Malthouse Compromise

DUP Leader Arlene Foster MLA: The DUP parliamentary group met this morning and discussed the 'Malthouse' alternative proposals for the draft withdrawal agreement. The DUP has given its endorsement to the plan. We believe it can unify a number of strands in the Brexit debate including the views of remainers ...
order-order / Guy Fawkes' blog   |   Tue, 29 Jan 2019 11:19:04