Brexit News Archive: 18 Mar 2019

GBP/USD: Dovish FOMC regain market attention amid Brexit noise

Sluggish US data emphasized dovish FOMC. Tuesday's data from the US and the UK can offer intermediate direction. Major attention remains on Wednesday's Fed meeting and on-going Brexit developments. The GBP/USD pair was on bid around 1.3250 during the initial Asian session on Tuesday. The pair differed from Monday-end declines ...
FX Street   |   Mon, 18 Mar 2019 22:41:38

Tories demand May departure date in return for passing Brexit deal - FT

The Ft reports that Theresa May has been told by senior colleagues she will have to set a timetable for her departure from Downing Street if she is to stand any chance of persuading Eurosceptic Tories to back her Brexit deal. Julian Smith, chief whip, is understood to have told ...
FX Street   |   Mon, 18 Mar 2019 22:38:10

Pro-Brexit Conservatives threaten strike if May delays EU exit by a year: the Sun

Eurosceptic Conservative lawmakers have threatened to go on strike if Prime Minister Theresa May delays Brexit by a year, the Sun newspaper reported on Monday.
Reuters   |   Mon, 18 Mar 2019 22:36:43

EU to agree on Brexit delay date this week - Guardian

The Guardian has reported that the EU will formally agree on Brexit delay date this week. The EU is set to offer Theresa May a helping hand after her plan for a new meaningful vote was derailed, by formally agreeing on a new delayed Brexit date at this week's summit ...
FX Street   |   Mon, 18 Mar 2019 22:34:20

Hardline Tory Brexiteers threaten to Go on Strike if Theresa May carries out vow to delay Brexit by a year - The Sun

The Sun Newspaper has reported that Hardline Tory Brexiteers have threatened Theresa May that they will go on strike if she carries out her vow to delay Brexit by a year. No10 on Monday set a deadline of late on Tuesday for MPs to agree the PM's exit deal before ...
FX Street   |   Mon, 18 Mar 2019 22:30:50

'Christ, He's Done It': How John Bercow Lobbed A Hand Grenade Into Theresa May's Brexit Plans

Paul Waugh / Huffington Post   |   Mon, 18 Mar 2019 22:05:09

Conservatives demand May's departure date for passing Brexit deal - FT

Prime Minister Theresa May has been told by senior Conservative party colleagues that she will have to set a timetable for her departure date from Downing Street in return for passing her Brexit deal, the Financial Times reported on Monday.
Reuters   |   Mon, 18 Mar 2019 22:01:44

Conservatives demand PM May's departure date for passing Brexit deal: FT

British Prime Minister Theresa May has been told by senior Conservative party colleagues that she will have to set a timetable for her departure date from Downing Street in return for passing her Brexit deal, the Financial Times reported on Monday.
Reuters   |   Mon, 18 Mar 2019 21:58:19

U.K. speaker stymies May's bid for third vote on ailing Brexit deal

The speaker of Britain's House of Commons dealt a potentially fatal blow to Prime Minister Theresa May's ailing Brexit deal on Monday, saying the government ...
No Author / Japan Times   |   Mon, 18 Mar 2019 20:43:17

Inching Toward A Second Brexit Referendum

John Bercow, the Speaker of the House of Commons effectively blocked a third vote of the Prime Minister's Brexit deal slowly chipping away at the roadblock to a second Brexit referendum. Theresa May's Brexit deal must be "fundamentally different" from ... Continue reading →
macromon / Global Macro Monitor   |   Mon, 18 Mar 2019 20:30:38

The Speaker gives Theresa May a new Brexit headache

Bercow suggests change in 'opinion' about withdrawal deal would not be sufficient for third vote
FT   |   Mon, 18 Mar 2019 20:26:22

Those Of Us Who Want Brexit Have To Choose: Be Puritans Or Accept What's On Table

Robert Halfon / Huffington Post   |   Mon, 18 Mar 2019 20:24:57

Tories seek May departure date in return for passing deal

Colleagues tell PM of Brexiters' precondition before start of trade talks
FT   |   Mon, 18 Mar 2019 20:08:17

UK government notes parliament speaker's statement on Brexit vote: May's office

The British government is considering a statement by parliament's speaker on Monday that Prime Minister Theresa May could not put her Brexit deal to a new vote unless it was fundamentally changed, May's office said on Monday.
Reuters   |   Mon, 18 Mar 2019 20:02:46

EUR/GBP expected to remain in the 0.85-0.87 range for now - Danske Bank

Mikael Olai Milhøj, analyst at Danske Bank, points out Brexit remains the key driver of the pound. They expect uncertainty to keep the currency undervalued and volatile, awaiting some clarification. Key Quotes: "Brexit uncertainties and the slowdown in the rest of Europe continue to weigh on the UK economy. While ...
FX Street   |   Mon, 18 Mar 2019 19:53:16

EU leaders could avoid final call on Brexit delay this week: diplomats

European Union leaders could hold off making any final decision on any Brexit delay when they meet in Brussels later this week, senior diplomats in the bloc said, depending on what exactly British Prime Minister Theresa May asks them for.
Reuters   |   Mon, 18 Mar 2019 19:50:12

Brexit: Theresa May's hopes for passing deal in tatters after John Bercow rules out repeat vote

Both no-deal and fresh referendum supporters delighted - while minister floats extraordinary plan to suspend parliament and start a new session
Rob Merrick / The Independent   |   Mon, 18 Mar 2019 19:48:14

UK reaches post-Brexit trade agreement with Iceland and Norway

Britain on Monday reached an a deal with Iceland and Norway to allow trade to continue unchanged if it leaves the European Union without a deal, trade minister Liam Fox said.
Reuters   |   Mon, 18 Mar 2019 19:29:49

Theresa May's Brexit deal suffers new blow

UK Speaker of Parliament John Bercow ruled that May could not put her deal to a new vote without changing it.
Al Jazeera   |   Mon, 18 Mar 2019 19:10:27

HSBC Holdings: A Global Bank Beaten Down By Brexit And Trade Wars

Seeking Alpha   |   Mon, 18 Mar 2019 19:00:12

Brexit billionaire chooses BMW engine for Land Rover project

Fracking mogul and Brexit backer, Jim Ratcliffe, had already signed German firm to design British classic car The UK's richest man, expat Brexit supporter Jim Ratcliffe, has enlisted Germany's BMW to supply engines for a "British" successor to the Land Rover Defender, after handing the vehicle design contract to another ...
Rob Davies / Guardian   |   Mon, 18 Mar 2019 18:55:28

Still a chance Brexit deal can be approved by parliament this week - Kwarteng

British junior Brexit minister Kwasi Kwarteng said on Monday he believed there was still a chance parliament would approve Prime Minister Theresa May's European Union exit deal this week.
Reuters   |   Mon, 18 Mar 2019 18:49:39

Still a chance Brexit deal can be approved by UK parliament this week: minister

British junior Brexit minister Kwasi Kwarteng said on Monday he believed there was still a chance parliament would approve Prime Minister Theresa May's European Union exit deal this week.
Reuters   |   Mon, 18 Mar 2019 18:47:24

UK Junior Brexit minister: If EU denies extension, we will leave on March 29 with no deal

British junior Brexit minister Kwasi Kwarteng recently crossed the wires saying that if the EU Council did not grant an extension to Article 50, the would leave on March 29 with no deal. Key quotes (via Reuters) Asked if parliament will get to vote on length of Brexit delay, says ...
FX Street   |   Mon, 18 Mar 2019 18:43:46

Brexit campaigner Matthew Elliott says May's deal will pass by March 29

British lawmakers are likely to pass Prime Minister Theresa May's Brexit divorce deal by March 29, Matthew Elliott, the head of the 2016 campaign for leaving the European Union, said on Monday.
Reuters   |   Mon, 18 Mar 2019 18:31:01

Brexit makes the EU see (Irish) green

Solidarity with Dublin has never been stronger as EU stands behind backstop provision in Withdrawal Agreement.
David M. Herszenhorn, Maïa de La Baume / Politico   |   Mon, 18 Mar 2019 18:29:17

U.K. Speaker Says Lawmakers Can't Vote on Theresa May's Brexit Deal For a Third Time

He said a new motion would have to be 'fundamentally different'
JILL LAWLESS and LORNE COOK / AP / Time   |   Mon, 18 Mar 2019 18:24:09

UK will seek Brexit delay ahead of March EU summit - Kwarteng

Britain will request a delay to Brexit ahead of this week's European Council summit and expects a decision from the European Union to be reached at that meeting, junior Brexit minister Kwasi Kwarteng said on Monday.
Reuters   |   Mon, 18 Mar 2019 18:20:28

May's Brexit struggles have resolved nothing

Perhaps no Tory leader could have done better, but few would have done worse
FT   |   Mon, 18 Mar 2019 18:19:07

UK will seek Brexit delay ahead of March EU summit: minister

Britain will request a delay to Brexit ahead of this week's European Council summit and expects a decision from the European Union to be reached at that meeting, junior Brexit minister Kwasi Kwarteng said on Monday.
Reuters   |   Mon, 18 Mar 2019 18:18:43

Surprise ban on third Brexit vote deals major blow to Theresa May’s ailing deal

UK House of Commons Speaker John Bercow dealt a major blow to Theresa May’s Brexit strategy by effectively banning her from bringing her deal back to parliament for a third time, unless it changes significantly.In a surprise ruling on Monday, Bercow set the government a new to meet if he ...
Associated Press / South China Morning Post   |   Mon, 18 Mar 2019 18:17:46

Brexit, or the British ouroboros

In three days, the British MPs refused the deal in Strasbourg, refused twice the eventuality of a no-deal, and asked for an extension to article 50, in order to organise a third vote on the Brexit deal. (Translator's update: Later on Monday, the Speaker of the House of Commons ruled ...
Antoine Potor, Translated by Juuso Järviniemi, Translated by Lorène Weber / New Federalist   |   Mon, 18 Mar 2019 18:08:59

UK parliament speaker deals new blow to May's Brexit plan

British Prime Minister Theresa May suffered a fresh Brexit setback on Monday when the speaker of parliament said any proposal she puts to lawmakers must be substantially different to the ones previously rejected by them.
Reuters   |   Mon, 18 Mar 2019 18:08:14

UK Speaker Deals Potentially Fatal Blow To Theresa May's Ailing Brexit Deal

LONDON (AP) - The speaker of Britain's House of Commons dealt a potentially fatal blow to Prime Minister Theresa May's...
Summer Concepcion / TPM   |   Mon, 18 Mar 2019 18:05:14

Potential sanctions sharpen fintechs' Brexit focus

Your essential weekly fintech briefing
FT   |   Mon, 18 Mar 2019 18:00:24

May's Brexit deal in chaos as Speaker sparks 'constitutional crisis'

Prime Minister Theresa May's Brexit plans were thrown into further turmoil on Monday when the speaker of parliament ruled that she could not put her divorce deal to a new vote unless it was re-submitted in fundamentally different form.
Reuters   |   Mon, 18 Mar 2019 17:52:08

Church of England offers coffee, cake and community solidarity as it "prays for country" ahead of Brexit

Gabriella Swerling / Telegraph   |   Mon, 18 Mar 2019 17:40:49

Brexit Is a Bonanza for Smugglers: New at Reason

With the deadline for Britain's "Brexit" from the European Union (EU) coming up at the end of the month, the details of the country's withdrawal from that economic and political union remain fuzzy, as does the actual timeline for the separation-and even whether the secession will take place at all. ...
Reason Staff / Hit & Run   |   Mon, 18 Mar 2019 17:35:00

Children's rights could suffer after Brexit, charity warns

Legal issues could arise for children in relation to the EU Settlement Scheme, says Coram Children's Legal Centre.
Al Jazeera   |   Mon, 18 Mar 2019 17:22:46

Brexit chaos as speaker rules May must change her plan to get another vote

Prime Minister Theresa May's Brexit plans were thrown into further turmoil on Monday when the speaker of parliament ruled that she could not put her divorce deal to a new vote unless it was re-submitted in fundamentally different form.
Reuters   |   Mon, 18 Mar 2019 17:15:38

John Bercow told Theresa May she'd need to find a 'substantially different' Brexit deal. Good luck with that

The speaker's latest self-insertion in the Brexit process was his most pompous yet, but it was also the most important
Tom Peck / The Independent   |   Mon, 18 Mar 2019 17:10:00

May Can't Hold Third Vote on Her Brexit Deal

"British Prime Minister Theresa May's will not be able to bring her beleaguered Brexit withdrawal bill back to parliament for a third vote in its current form, the Speaker of Britain's House of Commons said, CNN reports. "Citing a convention that dates back to 1604, Bercow said that the government ...
Taegan Goddard / Taegan Goddard   |   Mon, 18 Mar 2019 16:55:45

UK government cannot submit the same Brexit deal to a vote in parliament again: Speaker

"This is my conclusion: if the government wishes to bring forward a new proposition that is neither the same, nor substantially the same as that disposed of by the house on the 12th of March, this would be entirely in order," he said.
Reuters / Financial Express   |   Mon, 18 Mar 2019 16:44:02

UK parliament speaker says Brexit deal must be fundamentally different for third vote

The British government is likely to need to win changes to its Brexit deal with the European Union in order to be allowed to put it to a further vote in parliament, the House of Commons Speaker John Bercow said on Monday.
Reuters   |   Mon, 18 Mar 2019 16:26:50

UK parliament speaker did not forewarn government on statement - May's spokesman

Britain's parliamentary speaker did not forewarn the government about his statement, Prime Minister Theresa May's spokesman said on Monday after it was announced that May could not bring the same Brexit deal back for another vote.
Reuters   |   Mon, 18 Mar 2019 16:21:35

John Bercow warns he could block Brexit deal vote

House of Commons speaker says only a new deal can go to MPs
FT   |   Mon, 18 Mar 2019 16:19:08

UK PM May spokesman: Not in a place to discuss motion and timing for another Brexit vote

Commenting on House Speaker's statement, British Prime Minister Theresa May's spokesman said they were not in a position to comment on his remarks. "We are not in a place to discuss motion and timing for another Brexit vote. Discussions with DUP are ongoing," the spokesman further added.
FX Street   |   Mon, 18 Mar 2019 16:13:51

UK government cannot submit the same Brexit deal to another vote in parliament: speaker

The British government must submit a different proposition to parliament to the one it lost last week if it wants to hold another vote on its Brexit plans, the parliament's speaker, John Bercow, said on Monday.
Reuters   |   Mon, 18 Mar 2019 16:11:42

EUR/GBP jumps to 5-day highs near 0.86 on latest Brexit headlines

Pound sterling comes under heavy selling pressure on latest Brexit headlines. UK House Speaker says there won't be a third vote on the deal if it's the same. Trade surplus widens more than expected in the eurozone. The EUR/GBP pair advanced to its highest level in five days at 0.8595 ...
FX Street   |   Mon, 18 Mar 2019 16:10:13

UK Speaker blocks more votes on unchanged Brexit deal

British Prime Minister Theresa May's will not be able to bring her beleaguered Brexit withdrawal bill back to parliament for a third vote in its current form, the Speaker of Britain's House of Commons, John Bercow, said on Monday.
CNN   |   Mon, 18 Mar 2019 16:06:42

No Choice and No Exit for the UK

The outcome of the simple binary choice given to UK voters in the June 2016 Brexit referendum has proved almost impossible to implement. The main obstacle is not the complications of negotiating new treaties, but rather the judgment by those in charge of Britain's political life that the costs of ...
Robert Skidelsky / Project Syndicate   |   Mon, 18 Mar 2019 16:03:35

Speaker rules out Brexit vote on same motion

John Bercow says the motion MPs vote on must be different to the one that MPs rejected last week.
BBC   |   Mon, 18 Mar 2019 16:02:33

U.K government can't resubmit the same Brexit, House speaker says

Seeking Alpha   |   Mon, 18 Mar 2019 15:59:58

Fresh vote on May's Brexit plan faces threat of block

Warning comes as PM weighs seeking third vote as soon as Tuesday
FT   |   Mon, 18 Mar 2019 15:57:14

Sterling Slides As UK Speaker Blocks May's Unaltered Deal Vote

Cable is sliding back below 1.3200 following a surprise move by the UK Commons Speaker John Bercow blocks UK PM May's Brexit deal... Specifically, Bercow notes - citing a rule from 1604! - that the government can't ask lawmakers to vote again on May's already-rejected Brexit deal unless it is ...
Tyler Durden / Zero Hedge   |   Mon, 18 Mar 2019 15:53:38

Theresa May banned from another Commons vote on same Brexit deal

MPs told a further 'meaningful vote' will be ruled out of order if the motion is 'the same or substantially the same'
Rob Merrick / The Independent   |   Mon, 18 Mar 2019 15:47:00

OANDA Market Insights podcast (episode 56)

OANDA Senior Market Analyst Craig Erlam previews the week's business and market news with Jazz FM Business Breakfast presenter Nick Howard. With exit day looming, Craig and Nick look ahead to another vote on Theresa May's Brexit deal as well as meetings of the Federal Reserve and Bank of England.
Craig Erlam / OANDA   |   Mon, 18 Mar 2019 15:46:48

GBP/USD - British pound slips as Brexit volatility continues

After huge gains last week, GBP/USD has started the week with sharp losses. In Monday's North American session, the pair is trading at 1.3194, down 0.74% on the day. It's a light data calendar, with no British events on the schedule. In the U.S., the NAHB House Market Index. On ...
Kenny Fisher / OANDA   |   Mon, 18 Mar 2019 15:46:39

May warned she cannot hold another vote on same Brexit deal

Speaker John Bercow has warned Theresa May he will veto a third vote on her Brexit deal unless it is different from the previous two versions.
Sky   |   Mon, 18 Mar 2019 15:46:00

John Bercow Rules There Cannot Be Another Brexit Deal Vote By MPs - Unless It Changes

Ned Simons / Huffington Post   |   Mon, 18 Mar 2019 15:44:51

Tea, prayers and Brexit - church to promote unity at cafe-style meetings

British churchgoers will be encouraged to discuss Brexit over tea and prayers as the Church of England appeals for unity in the face of uncertainty and division over Britain's decision to leave the European Union.
Reuters   |   Mon, 18 Mar 2019 15:39:44

Breaking: GBP/USD falls below 1.3200 as UK Parliament Speaker disallows repeating same Brexit vote

UK Parliament Speaker John Bercow says the government may not bring the same Brexit deal to another vote unless there is a change. He quotes a convention dating back to 1604. He says the rules are necessary to ensure sensible use of Parliament's time. He adds that the government cannot ...
FX Street   |   Mon, 18 Mar 2019 15:38:12

No deal between DUP and UK government on PM May's Brexit accord this week - ITV's Peston

There will be no deal agreed this week between the Democratic Unionist Party and the British government over whether it will support Prime Minister Theresa May's Brexit deal, ITV's political editor said on Monday.
Reuters   |   Mon, 18 Mar 2019 15:32:56

The Church Of England Has A Plan To Heal The UK's Brexit Divide - With Tea Parties

Rachel Wearmouth / Huffington Post   |   Mon, 18 Mar 2019 15:10:47

Brexit crisis tipped for British asparagus as EU seasonal workers stay away

For almost 100 years, Chris Chinn's family has farmed asparagus in the rolling hills of the Wye Valley in western England.
Reuters   |   Mon, 18 Mar 2019 14:53:32

Eurostar passengers urged to avoid travel

Rail operator battles to contain disruption from strike over pay, conditions and Brexit
FT   |   Mon, 18 Mar 2019 14:40:55

EU fears Brexit paralysis, says UK foreign minister Hunt

European Union foreign ministers fear a Brexit paralysis and they want the issue resolved, British Foreign Secretary Jeremy Hunt said after a meeting with his EU counterparts on Monday.
Reuters   |   Mon, 18 Mar 2019 14:29:14

GBP/USD refreshes session lows, 1.3200 mark back on sight

• Brexit uncertainties continue to dent sentiment surrounding the GBP. • Investors remain sceptic over May's ability to gather enough support. The GBP/USD pair's attempted intraday bounce ran out of steam near the 1.3275 region, with bears now eyeing a move back towards the 1.3200 round figure mark. The British ...
FX Street   |   Mon, 18 Mar 2019 14:24:12

UK: No Brexit vote this week unless it has 'prospect of success' - The Guardian

According to The Guardian's live politics blog, British Prime Minister Theresa May said that there won't be a Brexit vote this week unless it has 'prospect of success'. Meanwhile, "Spent the morning discussing Brexit with Foreign Ministers in Brussels. General curiosity and concern about Brexit votes in Parliament. Like us ...
FX Street   |   Mon, 18 Mar 2019 14:22:36

Brexit And FX: Possible Outcomes For March, And The Safety Net

The British pound was mostly steady after the U.K. parliament voted to seek a delay in Britain's exit from the European Union. Meanwhile, British lawmakers approved a motion, which set out the option to ask the European Union for a [...] The post Brexit And FX: Possible Outcomes For March, ...
Ankur Shah / Value Walk   |   Mon, 18 Mar 2019 14:15:27

What is happening with Brexit this week and will Theresa May get her deal through parliament?

A third 'meaningful vote' seemed certain, but is now in huge doubt - meanwhile, there is an EU summit looming
Rob Merrick / The Independent   |   Mon, 18 Mar 2019 14:09:00

Brexit boost for May as rebel ranks waver, but will it be enough?

Cracks appeared in the ranks of rebel Conservative lawmakers opposed to Prime Minister Theresa's May's Brexit plans on Monday but she had yet to win over enough hardliners to get her EU departure deal through parliament.
Reuters   |   Mon, 18 Mar 2019 13:49:54

May still struggling with the Brexit numbers

Will she pull tomorrow's vote and try to get her deal passed next week instead?
FT   |   Mon, 18 Mar 2019 13:39:30

Why Macron should have mercy on May over Brexit

A rapid withdrawal by the UK would only strengthen the EU's enemies
FT   |   Mon, 18 Mar 2019 13:32:20

Brexit Can Be Stopped, No Deal Brexit is Unlikely, So Take the Certain Choice

Eurosceptic MPs have had a lot of thinking to do over the weekend. Do they hold their nose and vote for May's less-than-perfect deal, or do they roll the dice again and run the risk of losing Brexit altogether? Some Brexiteers believe if they just sit tight Britain will automatically ...
order-order / Guy Fawkes' blog   |   Mon, 18 Mar 2019 13:29:52

British Embassy hosts new Madrid event to address Brexit uncertainty

UK Ambassador Simon Manley will update Britons living in Spain with the latest information on Britain's exit from the European Union
El País / EL PAÍS   |   Mon, 18 Mar 2019 13:13:26

May will not bring Brexit deal to Commons vote without backing

Number 10 says PM will only move plan if there is 'realistic prospect of passage'
FT   |   Mon, 18 Mar 2019 13:03:17

MPs Have Just One Day To Signal Support For Theresa May's Brexit Deal - Or Face Long Delay

Arj Singh / Huffington Post   |   Mon, 18 Mar 2019 12:58:12

EU's Verhofstadt: Brexit extension questionable if UK vote on deal is cancelled

In an interview with the Standard, European Parliament's Brexit coordinator Guy Verhofstadt argued that the EU may not grant the extension to Article 50 if British Prime Minister Theresa May were to fail to get the majority of lawmakers to back her deal. "Why should the EU27 even consider a ...
FX Street   |   Mon, 18 Mar 2019 12:56:46

Northern Irish DUP unlikely to reach breakthrough on Brexit on Monday - UTV

The Northern Irish Democratic Unionist Party (DUP) is unlikely on Monday to reach a breakthrough with Prime Minister Theresa May's government on her Brexit deal, UTV's political editor said.
Reuters   |   Mon, 18 Mar 2019 12:49:05

UK stocks draw in 'brave' investors as Brexit deadline looms

Some see London as 'perfect hunting ground' as bargain seekers start to circle
FT   |   Mon, 18 Mar 2019 12:44:58

It's Another Very Busy Week: Here Are The Main Highlights

If you didn't already have Brexit fatigue, then according to DB's Craid Nicol Tuesday should test that threshold with PM May likely to attempt to pass another version of the Withdrawal Agreement ahead of the EU Summit later in the week. That should overshadow the BoE meeting; however, we also ...
Tyler Durden / Zero Hedge   |   Mon, 18 Mar 2019 12:44:42

Brexit Uncertainty Is Hitting British Asparagus Farmers

Lauren Gosling-Powell / Huffington Post   |   Mon, 18 Mar 2019 12:30:21

Brexit Delay: 'Why Would We Extend These Discussions?'

Any Article 50 extension delaying Britain's withdrawal from the EU would come with its own set of problems. There is plenty of disagreement among the remaining 27 EU member states on how long the delay should be.
Spiegel   |   Mon, 18 Mar 2019 12:09:21

Jacob Rees-Mogg could back Theresa May's Brexit deal

DUP backing critical to decision of many Conservative MPs
FT   |   Mon, 18 Mar 2019 12:06:23

May's spokesman: Talks with DUP on Brexit deal are ongoing

Negotiations with Northern Ireland's Democratic Unionist Party are ongoing on Monday, Prime Minister Theresa May's spokesman said as ministers seek to secure the support they need to win a vote in parliament on the government's Brexit deal.
Reuters   |   Mon, 18 Mar 2019 11:59:56

Brexit boost for May as rebel Rees-Mogg signals he could back her

One of the most influential Brexit-backing lawmakers in Prime Minister Theresa May's party gave the strongest hint to date on Monday that rebels might back her departure deal, saying that a bad exit accord was better than staying in the European Union.
Reuters   |   Mon, 18 Mar 2019 11:58:26

UK PM May's spokesman: Talks with DUP on Brexit deal are ongoing

Negotiations with Northern Ireland's Democratic Unionist Party are ongoing on Monday, Prime Minister Theresa May's spokesman said as ministers seek to secure the support they need to win a vote in parliament on the government's Brexit deal.
Reuters   |   Mon, 18 Mar 2019 11:57:28

EUR/JPY pushes higher to 2-week highs near 126.70

The cross advances further on a better mood in EUR. Favourable risk appetite trends bolster the up move. Brexit, US-China trade, keep driving the sentiment in markets. The continuation of the better mood around the single currency is now pushing EUR/JPY to fresh multi-day peaks in the 126.70 region. EUR/JPY ...
FX Street   |   Mon, 18 Mar 2019 11:41:24

What is Britain's next move on Brexit?

British Prime Minister Theresa May is expected this week to try to persuade parliament to approve her Brexit deal at the third time of asking, before heading to Brussels to request a short delay to the withdrawal process.
Reuters   |   Mon, 18 Mar 2019 11:36:57

Britain could ask EU for Brexit delay shortly before deadline

Britain could ask the European Union for a Brexit delay even after the bloc's March 21-22 summit, a senior diplomat said, suggesting that the decisive moment for the stalled divorce deal might still be some time ahead.
Reuters   |   Mon, 18 Mar 2019 11:29:05

UBS: UK economy guided by politics

Union Bank of Switzerland's analysts suggest that even a postponement does little to clarify the next steps and the path of least resistance to the conclusion of Brexit is that the UK leaves the EU with a version of the current Withdrawal Agreement in place. Key Quotes "It may well ...
FX Street   |   Mon, 18 Mar 2019 11:11:41

Sterling, yields and stocks set for a volatile week

Monday March 18: Five things the markets are talking about Global equities start Monday on the front foot in a week that is packed with geopolitical (Brexit, E.U summit - Mar 21/22), economic releases and central bank meetings (FOMC, BoE, SNB), events that are expected to have a significant impact ...
Dean Popplewell / OANDA   |   Mon, 18 Mar 2019 11:10:08

Brexit News Archive: 18 Mar 2019     |     enquire