Brexit News Archive: 13 Oct 2019

GBP/USD's rally stalls in the open as weekend headlines highlight Brexit deadlock

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FX Street   |   Sun, 13 Oct 2019 21:46:11

Johnson to set out post-Brexit law and order drive in Queen's Speech

Queen Elizabeth will on Monday announce several new pieces of legislation to reform Britain's justice system, in a ceremonial speech setting out Prime Minister Boris Johnson's post-Brexit plans.
Reuters   |   Sun, 13 Oct 2019 21:11:21

Brexit: Boris Johnson says 'significant' work still to do on deal

But Boris Johnson says there is "a way forward" that could "secure all our interests".
BBC   |   Sun, 13 Oct 2019 21:01:17

Brexit Market Plummets - "The Clock Is Ticking"

After negotiations in Brussels failed to produce a breakthrough, the odds at PredictIt of an official Brexit by November 1 tanked into the teens on big volume. The market was only pricing around a 30 percent probability of a deal ... Continue reading →
macromon / Global Macro Monitor   |   Sun, 13 Oct 2019 20:51:30

Quo Vadis?

When even anti-EU tabloids say the Government's official position on Brexit is insincere, it is time to take it seriously. On Tuesday last week, The Sun reported that the European heads of government had concluded that Johnson's latest genius plan to create a "double border" on the island of Ireland ...
Frances Coppola / Coppola Comment   |   Sun, 13 Oct 2019 20:51:00

Financial leaders must prepare for risks such as Brexit, says regulator

Financial Stability Board says countries should be prepared for global economic downturn Global authorities gathering in Washington this week must stand ready to address emerging risks including a global economic downturn and Brexit, the leading body for global financial stability has warned. The Financial Stability Board - which was formed ...
Kalyeena Makortoff / Guardian   |   Sun, 13 Oct 2019 20:00:01

Tomgram: Engelhardt, The Ultimate Brexiteer

Donald Trump may prove to be the ultimate Brexiteer...
Tom Engelhardt / Tom Dispatch   |   Sun, 13 Oct 2019 19:44:01

No Sign Of Brexit Breakthrough With Time Running Out

British and European negotiators on Sunday played down hopes of a rapid breakthrough in their last-ditch bid to strike an amicable Brexit divorce deal. Intense talks continue in Brussels, but European diplomats say the two sides are still far apart on how to manage trade and customs on the island ...
IBTimes   |   Sun, 13 Oct 2019 19:17:55

Boris Johnson's Brexit plan would leave everyone in the UK £2,000 worse off, study finds

Prime minister's proposal worse for economy than Theresa May's deal, analysis says
Benjamin Kentish / The Independent   |   Sun, 13 Oct 2019 19:16:56

Brexit divorce talks between U.K. and EU go down to the wire as Johnson dampens optimism

British Prime Minister Boris Johnson told Cabinet colleagues that it will require a "significant amount of work" to strike a Brexit deal with the European ...
No Author / Japan Times   |   Sun, 13 Oct 2019 19:15:24

‘The clock is ticking’: EU warns a lot of work still to be done before Brexit deal

The European Union’s chief Brexit negotiator Michel Barnier warned diplomats on Sunday that “a lot of work remains to be done” in withdrawal talks between London and Brussels.The European Commission issued a statement soon after Barnier briefed EU ambassadors on the negotiations, just four days before a key European Barnier ...
Agence France-Presse / South China Morning Post   |   Sun, 13 Oct 2019 19:13:17

'No breakthrough yet' as intensive Brexit talks continue

Negotiators are still trying to find agreement on how to avoid a hard border between Northern Ireland and Ireland, diplomats say.
Jacopo Barigazzi / Politico   |   Sun, 13 Oct 2019 19:00:42

Guido Hears Lee Rowley and Sarah Newton to Give Loyal Address Tomorrow

Guido hears that Lee Rowley and Sarah Newton will be the Tory MPs delivering the traditional Loyal Address tomorrow, which open the Commons' State Opening debate. The Loyal Addresses are traditionally funny... Rowley is a Labour-defeating, son-of-a-milkman sound Thatcherite Brexiteer; while Newton is a Lib Dem-facing South-Western MP, who will ...
Tom Harwood / Guy Fawkes' blog   |   Sun, 13 Oct 2019 18:45:03

Britain and EU say work remains to be done to reach Brexit deal

Britain and the European Union said on Sunday a lot more work would be needed to secure an agreement on Britain's departure form the bloc.
Reuters   |   Sun, 13 Oct 2019 18:40:43

Brexit: EU tells Boris Johnson he must move 'further and faster' to get deal in time

Brussels officials 'cautiously optimistic' that there is 'a deal to be done' but warn UK must make further concessions
Benjamin Kentish / The Independent   |   Sun, 13 Oct 2019 18:01:27

Brussels baffled by UK proposals to fix Brexit deadlock

Officials say Monday's talks offer 'one last chance' to solve question of Irish border
FT   |   Sun, 13 Oct 2019 17:57:34

Weekend's headlines suggest more work to be done in Brexit talks - Bearish GBP/USD gap?

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FX Street   |   Sun, 13 Oct 2019 17:18:58

Boris Johnson's Brexit deal would make people worse off than Theresa May's | Anand Menon and Jonathan Portes

According to our study, the deal now being discussed would reduce per capita GDP by 6.4%, as opposed to 4.9% Back to the (original) backstop? By conceding that any customs border will have to be in the Irish Sea, Boris Johnson appears to have revived the possibility of a Brexit ...
Anand Menon and Jonathan Portes / Guardian   |   Sun, 13 Oct 2019 16:27:21

'I can't see why you are laughing': Priti Patel accused of smirking about impact of no-deal Brexit on 'Andrew Marr Show'

Home secretary appears to be smiling during interview on industry fears over Brexit
Conrad Duncan / The Independent   |   Sun, 13 Oct 2019 16:13:31

EU: "A lot of work remains" on Brexit, talks to go on

The European Union's executive said on Sunday evening that "a lot of work" remained to be done on Brexit and that talks with British negotiators will continue on Monday.
Reuters   |   Sun, 13 Oct 2019 16:11:51

Britain's Johnson Plays Down Brexit Breakthrough Hopes

British Prime Minister Boris Johnson played down hopes of a breakthrough in his last-ditch bid to strike an amicable divorce deal with the European Union. Negotiators went behind closed doors for intensive talks in Brussels after Johnson outlined a new set of proposals to Irish Prime Minister Leo Varadkar on ...
IBTimes   |   Sun, 13 Oct 2019 15:53:28

How Johnson's hard Brexit would hit the UK economy

Looser ties with EU would lead to significant trade friction and hurt productivity
FT   |   Sun, 13 Oct 2019 15:45:21

Brexit, US third-quarter earnings, Chinese economic data

Start every week on the front foot with a preview of what's on the global agenda
FT   |   Sun, 13 Oct 2019 15:00:27

Light at the end of the Brexit tunnel

Ireland's support of Boris Johnson's deal will make shifting no-deal blame harder for both sides
FT   |   Sun, 13 Oct 2019 14:41:46

Significant work to do, but Brexit deal still possible - PM Johnson

British Prime Minister Boris Johnson told his cabinet on Sunday a last-minute Brexit deal was still possible but there was significant work to be done to reach one, as intensive talks with the European Union entered their most critical stage.
Reuters   |   Sun, 13 Oct 2019 14:25:58

Significant work to do, but Brexit deal still possible, PM Johnson tells cabinet

British Prime Minister Boris Johnson told his cabinet on Sunday that a Brexit deal was still possible but that there was significant work to be done to reach one, a spokeswoman from his office said in a statement.
Reuters   |   Sun, 13 Oct 2019 13:57:06

Brexit divorce talks between UK and EU go down to the wire

The challenge of maintaining an invisible border - something that underpinned both the local economy and the region's peace deal - has dominated Brexit discussions for three years, ever since UK voters chose in 2016 to leave the EU.
Associated Press / Financial Express   |   Sun, 13 Oct 2019 13:14:39

Boris Johnson can be 'trusted' to deliver Brexit, Jacob Rees-Mogg tells Eurosceptics

Commons leader insists PM has 'dedicated his political career' to leaving EU, in bid to help win over Tory Brexiteers
Benjamin Kentish / The Independent   |   Sun, 13 Oct 2019 12:27:00

Rees-Mogg urges Brexit hardliners to compromise

Minister's appeal comes as Brussels and London push for a new deal ahead of EU summit
FT   |   Sun, 13 Oct 2019 11:56:29

The Latest: EU, Britain to intensify talks on a Brexit deal

The European Union says it has agreed with the United Kingdom to Brexit negotiations in a belated attempt to reach a divorce deal ahead of Oct. 31, when Britain is scheduled to leave the...
sellputs / Hedge Accordingly   |   Sun, 13 Oct 2019 11:46:22

Same Three Drivers in the Week Ahead but Changing Tones

Three themes have dominated the investment climate: US-China tensions, Brexit, and the policy response to the disinflationary forces. None have been resolved, which contributes to the uncertainty for businesses, households, and investors. However, the negativity that has prevailed is receding a little. It begins with the most substantive progress on ...
Marc Chandler / Marc to Market   |   Sun, 13 Oct 2019 11:36:57

Johnson pushes for last-ditch Brexit deal

Prime Minister Boris Johnson was to brief his ministers Sunday on progress in Britain's last-ditch efforts to strike a new Brexit agreement with the EU.Negotiators ...
No Author / Japan Times   |   Sun, 13 Oct 2019 11:30:44

Dollar Struggles and Key Levels Approached

A combination of softer US inflation readings and some optimism that the Brexit may not be as disruptive as it had seemed and that the prospects of another tariff truce between the US and China, weighed the dollar and encouraged risk-on plays. Of the major currencies, the yen and Swiss ...
Marc Chandler / Marc to Market   |   Sun, 13 Oct 2019 11:29:13

Brexit News Archive: 13 Oct 2019     |     enquire