Brexit News Archive: 17 Oct 2019

U.K. ETF Gains on Brexit Deal, Still Faces Uncertain Parliament Response

United Kingdom country-specific ETFs strengthened on Thursday after Britain reached a tentative Brexit deal with the European Union, but further gains were capped as Prime Minister Boris Johnson still needs a divided parliament to approve the agreement. The iShares MSCI United Kingdom ETF (NYSEArca: EWU) rose 0.6% on Thursday. "All ...
Max Chen / ETF Trends   |   Thu, 17 Oct 2019 21:29:14

Markets cheer Brexit, Sensex soars 453 points

The Sensex surged 453.07 points on Thursday to mark its fifth day of gains. The benchmark index closed at 39,052.06 points and has gained over 3% in the last five sessions. The Nifty spiked 122.35 points, or 1.07%, to settle at 11,586.35.
Yoosef KP / Financial Express   |   Thu, 17 Oct 2019 21:14:49

Wall Street benchmarks end in the green despite mixed Brexit sentiment

Read more on
FX Street   |   Thu, 17 Oct 2019 21:13:02

Stocks - S&P Rises on Brexit Deal, Syria Ceasefire

Investing.com - The S&P; 500 index nearly closed above 3,000 Thursday for the first time in four weeks on news that a possible deal for the U.K. to exit the EU has been negotiated and...
sellputs / Hedge Accordingly   |   Thu, 17 Oct 2019 20:46:53

What Next After UK, EU Agree Brexit Deal?

Britain and the European Union have struck a new Brexit accord but it is by no means a done deal, as Prime Minister Boris Johnson has to get it through parliament. The House of Commons has rejected a previous divorce text three times, forcing Johnson's predecessor, Theresa May, to delay ...
IBTimes   |   Thu, 17 Oct 2019 20:26:56

Forex Today: Brexit drama on its final stages

Read more on
FX Street   |   Thu, 17 Oct 2019 20:21:58

Thursday's Stock Market Close: Brexit, Strong 3Q Earnings Boost Stocks

U.S. stocks rose higher on word of a preliminary agreement governing Britain's exit from the European Union and positive earnings from Morgan Stanley, Philip Morris and Netflix. The Dow Jones Industrial Average closed up nearly 24 points to 27,025 while the Nasdaq Composite added 32 points to 8,156 and the ...
IBTimes   |   Thu, 17 Oct 2019 20:14:38

Brexit-Bounce Fades As Signals Crash Concerns

Brexit-Bounce Fades As Signals Crash Concerns Surprise!! After Q3's "use it or lose it" spending spree sent US macro data soaring unilaterally, October has begun with a collapse... Source: Bloomberg A trade deal (or not)? Brexit deal (or not)? Turkey peace deal (or not)? But retail sales slump, industrial production ...
Tyler Durden / Zero Hedge   |   Thu, 17 Oct 2019 20:00:48

Javid rebuffs calls for Brexit impact assessment

Deal 'good for economy', says chancellor, but stays silent on costs and benefits
FT   |   Thu, 17 Oct 2019 19:59:44

Brexit plan has 'decent chance' in key vote on Saturday - Javid

Britain's new Brexit deal has a "decent chance" of clearing a crucial vote in the country's parliament on Saturday and the alternative is to leave the European Union without a deal on Oct. 31, finance minister Sajid Javid said on Thursday.
Reuters   |   Thu, 17 Oct 2019 19:53:30

Boris Johnson's new Brexit deal sets stage for Saturday showdown in London

Juuso Järviniemi explains the essentials of the new Brexit deal struck today between London and Brussels and investigates the likelihood of it getting through the House of Commons - Brexit
Juuso Järviniemi / New Federalist   |   Thu, 17 Oct 2019 19:51:12

Johnson agrees Brexit deal, but must now win over parliament

European Union leaders unanimously backed a new Brexit deal with Britain on Thursday, leaving Prime Minister Boris Johnson facing a battle to secure the UK parliament's backing for the agreement if he is to take Britain out of Europe on Oct. 31.
Reuters   |   Thu, 17 Oct 2019 19:33:19

Less than 10 Labour MPs to back PM's Brexit deal on Saturday - BBC reporter tweet

Less than ten Labour Party MPs will back the British government on Saturday when the parliament votes on Boris Johnson's Brexit deal, BBC political correspondent Nick Eardley said in a tweet citing senior Labour sources.
Reuters   |   Thu, 17 Oct 2019 19:32:19

UK PM Johnson faces a daunting task of securing UK lawmaker's approval for Brexit deal - FT

Read more on
FX Street   |   Thu, 17 Oct 2019 19:26:30

Stocks Rising into Final Hour on Brexit Deal Optimism, Earnings Outlooks, Oil Gain, Retail/Healthcare Sector Strength

Broad Equity Market Tone: Advance/Decline Line: Substantially Higher Sector Performance: Most Sectors Rising Volume: Around Average Market Leading Stocks: Performing In Line Equity Investor Angst: Volatility(VIX) 13.8 +.58% Euro/Yen Carry Return Index 125.50 +.38% Emerging Markets Currency Volatility(VXY) 7.86 -.76% S&P 500 Implied Correlation 33.40 +2.33% ISE Sentiment Index 56.0 ...
Unknown / Between the Hedges   |   Thu, 17 Oct 2019 19:19:00

UK, EU strike deal, but Brexit long way away

European Union leaders gave their unanimous backing to a Brexit deal with Britain on Thursday, putting the onus on PM Boris Johnson to secure the British parliament's approval for the deal in a vote in two days' time. "Now is the moment for us to get Brexit done and then ...
Times of India   |   Thu, 17 Oct 2019 19:05:17

Boris Johnson can't celebrate his Brexit win for long

CNN   |   Thu, 17 Oct 2019 19:04:24

Boris Johnson's new Brexit deal - will MPs support it?

With an agreement reached with the EU, Boris Johnson now needs MPs to back it in Parliament.
BBC   |   Thu, 17 Oct 2019 18:52:04

Failure to win over DUP has Brexit vote on knife-edge

At heart of unionist opposition is complex system of consent for Stormont
FT   |   Thu, 17 Oct 2019 18:46:43

Brexit deal faces big hurdle, but is right way forward - Javid

The Brexit deal that Britain has struck with the European Union faces a big hurdle in a vote in the country's parliament on Saturday but its approval is better than the alternative of leaving without a deal on Oct. 31, finance minister Sajid Javid said.
Reuters   |   Thu, 17 Oct 2019 18:45:24

U.S. Stock ETFs Strengthen on Positive Earnings, Brexit Deal

U.S. markets and stock ETFs were slightly higher after giving up earlier gains fueled by strong earnings and a preliminary Brexit deal with the European Union On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.3%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) rose 0.1%, and SPDR S&P ...
Max Chen / ETF Trends   |   Thu, 17 Oct 2019 18:38:44

Europe Endorses Brexit Deal And Urges UK MPs To Back It

European Union leaders endorsed a hard-fought Brexit deal with Britain on Thursday, but Prime Minister Boris Johnson faces an uphill battle getting it through the British parliament.
IBTimes   |   Thu, 17 Oct 2019 18:35:52

Boris Johnson Gets EU Brexit Deal; Next Hurdle Is Parliament

The agreement lays out the terms for withdrawal, while leaving the details of trade and other issues to future negotiations.
RAF CASERT, JILL LAWLESS and LORI HINNANT / The Associated Press / truthdig   |   Thu, 17 Oct 2019 18:35:20

Will parliament approve Johnson's Brexit deal?

FT estimates 321 MPs could vote against the agreement, with 318 backing it
FT   |   Thu, 17 Oct 2019 18:33:40

EUR/USD: More gains seen if Brexit deal passes Parliament - MUFG

Read more on
FX Street   |   Thu, 17 Oct 2019 18:29:41

EU leaders 'sorry' to see Britain go as Johnson secures Brexit deal

European Union leaders unanimously backed a Brexit deal with Britain on Thursday, leaving Prime Minister Boris Johnson facing a battle to secure the UK parliament's backing for the agreement if he is to take Britain out of Europe on Oct. 31.
Reuters   |   Thu, 17 Oct 2019 18:29:29

UK's Javid: Saturday's vote in parliament on Brexit deal will be a big hurdle

Read more on
FX Street   |   Thu, 17 Oct 2019 18:22:15

EU agrees on Brexit deal with Britain

European leaders have unanimously endorsed the Brexit deal, formally sending it to the British Parliament for ratification.
Kathimerini   |   Thu, 17 Oct 2019 18:21:24

PM Johnson expresses confidence parliament will back his Brexit deal

Prime Minister Boris Johnson expressed confidence on Thursday that British lawmakers would back the Brexit deal he clinched with the European Union, saying most agreed it was time to "get this thing done".
Reuters   |   Thu, 17 Oct 2019 18:08:58

How Johnson's Brexit deal differs from May's

Elements of original withdrawal agreement remain along with revised Northern Ireland protocol
FT   |   Thu, 17 Oct 2019 18:04:45

Voters deserve a final say on Johnson's Brexit deal

If MPs back plan, the case is strong for a confirmatory referendum
FT   |   Thu, 17 Oct 2019 18:02:05

Brexit: Juncker 'rules out' any further delay after sealing deal with Boris Johnson

Prime minister claims to be 'confident' of getting deal through parliament, despite opposition from Labour and the DUP
Jon Stone, Andrew Woodcock / The Independent   |   Thu, 17 Oct 2019 17:59:00

Chart of the Day: S&P 500 European Union Revenue

Progress continues to be made in the ongoing BrExit deal. Reuters reports that "European Union leaders gave their unanimous backing to a Brexit deal with Britain on Thursday, putting the
David Aurelio / Alpha Now   |   Thu, 17 Oct 2019 17:49:44

Brexit: Regret and relief in Brussels as EU approves deal

There was an element of groundhog day about proceedings in the EU capital
Jon Stone / The Independent   |   Thu, 17 Oct 2019 17:47:56

Business leaders warn over future relations with EU

Threat of a no-deal Brexit has been the biggest worry for many executives
FT   |   Thu, 17 Oct 2019 17:35:58

Brexit: Johnson 'very confident' MPs will back deal

The PM is facing an uphill battle to get his new Brexit deal through the House of Commons on Saturday.
BBC   |   Thu, 17 Oct 2019 17:35:28

Brexit deal: Where have the UK and EU compromised?

After tense negotiations, both sides made concessions to reach a new deal.
BBC   |   Thu, 17 Oct 2019 17:30:35

EU leaders approve new Brexit deal - live coverage

FT   |   Thu, 17 Oct 2019 17:22:18

Johnson secures EU approval for 'no delay' Brexit deal

European Union leaders gave their unanimous backing to a Brexit deal with Britain on Thursday, putting the onus on Prime Minister Boris Johnson to secure the British parliament's approval for the deal in a vote in two days' time.
Reuters   |   Thu, 17 Oct 2019 17:19:49

Johnson says confident UK lawmakers will back his Brexit deal

Prime Minister Boris Johnson said he was confident that British lawmakers would back the Brexit deal he has agreed with the European Union in a parliamentary vote on Saturday.
Reuters   |   Thu, 17 Oct 2019 17:19:05

New IMF boss 'jumped for joy' over Brexit breakthrough

Kristalina Georgieva hopes MPs back deal she feels will spare UK significant economic damage The head of the International Monetary Fund confessed she jumped for joy after hearing news of a Brexit breakthrough that she said would spare the UK significant economic damage. Kristalina Georgieva, the IMF's new managing director, ...
Larry Elliott in Washington / Guardian   |   Thu, 17 Oct 2019 17:10:38

Brexit: Exiled Tory MPs will help deliver new referendum if Boris Johnson's deal is defeated, supporters believe

Exiled Tory MPs kicked out of the party by Boris Johnson are ready to deliver a fresh Brexit referendum if, as expected, his deal is defeated on Saturday, supporters of a public vote believe.
Rob Merrick / The Independent   |   Thu, 17 Oct 2019 17:09:00

Tempered Brexit hopes drag European stocks into red

European shares edged lower on Thursday, as strong earnings from Sweden's Ericsson were offset by fading optimism over the Brexit deal amid investor worries about its support in the British parliament.
Reuters   |   Thu, 17 Oct 2019 17:06:41

British businesses say new Brexit deal worse than May's agreement

Industry groups and firms say PM's deal will make exporting to their biggest market harder British companies have expressed concerns that Boris Johnson's Brexit deal could leave industry worse off than under the previous agreement with the EU. Businesses, investors and economists have been almost unanimously in favour of the ...
Jasper Jolly / Guardian   |   Thu, 17 Oct 2019 17:04:52

Johnson gambles on winning over DUP with Brexit deal

How PM pressed ahead with Brussels mission, hoping somehow to convince Arlene Foster later
FT   |   Thu, 17 Oct 2019 17:04:16

'Super Saturday' Brexit showdown in parliament looms for PM Boris Johnson

Some could support his deal, others are more likely to reject it and back a delay to hold a second referendum. Labour Party: Labour has 244 members of parliament.
PTI / Financial Express   |   Thu, 17 Oct 2019 17:02:16

UK's PM Johnson: I don't think there is any case for a Brexit delay

Read more on
FX Street   |   Thu, 17 Oct 2019 17:01:35

Brexit Deal: What's In It

"Fair and reasonable." That's how both Britain's Boris Johnson and the EU describe the new draft Brexit deal reached Thursday after days of intense haggling. Here's what's in the accord -- and what each side gave up to get there. Northern Ireland Arrangements for the UK province of Northern Ireland ...
IBTimes   |   Thu, 17 Oct 2019 17:00:13

Boris Johnson's Brexit deal unanimously approved by EU leaders at summit

EU leaders have unanimously approved the new Brexit deal struck by Boris Johnson at a summit in Brussels.
Jon Stone / The Independent   |   Thu, 17 Oct 2019 16:57:00

It took less than four minutes for Boris Johnson's Brexit deal to die

The prime minister spend all day and night, trying to persuade the DUP to back him. Now he pretends their backing does not matter
Tom Peck / The Independent   |   Thu, 17 Oct 2019 16:55:52

The Brexit deal explained

What are the key changes and what do they mean?
POLITICO / Politico   |   Thu, 17 Oct 2019 16:54:51

Boris Johnson news - live: EU agrees Brexit deal as parliament clears way for second referendum vote

Follow all the latest developments
Adam Forrest, Lizzy Buchan, Zamira Rahim / The Independent   |   Thu, 17 Oct 2019 16:48:00

EU's Tusk says 'very close to final stretch' on Brexit

European Council President Donald Tusk said on Thursday that the EU and Britain were "very close to the final stretch" of Brexit, with approval by the British parliament and the European Parliament the last steps to take.
Reuters   |   Thu, 17 Oct 2019 16:43:33

EU's Juncker: I am happy and relieved that we reached a deal but sad because Brexit is happening

Read more on
FX Street   |   Thu, 17 Oct 2019 16:39:27

EU leaders welcome deal and look to UK for next step

Accord triggers fresh hopes of end to prolonged Brexit process
FT   |   Thu, 17 Oct 2019 16:38:42

Stocks pare gains as earnings roll in, Brexit spirits flag

Seeking Alpha   |   Thu, 17 Oct 2019 16:38:18

Brexit: What happens now?

The British government and the EU have agreed a new Brexit deal, but will it get through Parliament?
BBC   |   Thu, 17 Oct 2019 16:37:49

UK lawmaker Grieve will oppose Brexit deal unless put to referendum

Dominic Grieve, one of 21 lawmakers ousted from British Prime Minister Boris Johnson's Conservative Party last month, will oppose Johnson's Brexit deal in a parliamenarty vote on Saturday unless it is subsequently put to a referendum.
Reuters   |   Thu, 17 Oct 2019 16:36:47

EU's Tusk: Brexit deal has been endorsed by EU leaders

Read more on
FX Street   |   Thu, 17 Oct 2019 16:34:30

Spain to maintain Gibraltar veto right in new Brexit deal

The agreement announced on Thursday by the European Union and the United Kingdom respects arrangements secured a year ago by Madrid regarding the British overseas territory
Lucía Abellán / EL PAÍS   |   Thu, 17 Oct 2019 16:31:29

Sterling steadies as Brexit rally fizzles in face of weekend's parliamentary hurdle

A surge in sterling and the rally in Britain's domestically exposed stocks fizzled on Thursday as investors braced for a showdown in the UK parliament over the new Brexit deal agreed between Brussels and London.
Reuters   |   Thu, 17 Oct 2019 16:25:17

Martin Wolf: UK must have a public vote on Brexit deal

Britons must agree to become significantly poorer and accept the illusion of greater sovereignty
FT   |   Thu, 17 Oct 2019 16:24:17

Dizzying Times For The Brexit-driven Pound

Five-month highs and frequent falls versus the dollar and euro -- the British pound is at its most volatile in a year, dragged in different directions by Brexit twists and turns.
IBTimes   |   Thu, 17 Oct 2019 16:23:35

Stock markets broadly up on Brexit breakthrough

Stocks moved broadly higher in early trading on Wall Street Thursday after several large companies delivered surprisingly good results, and a breakthrough in negotiations over Britain's exit from the European Union also boosted confidence.
The Canadian Press / CBC   |   Thu, 17 Oct 2019 16:18:52

EU adopts deal on Brexit as expected

Read more on
FX Street   |   Thu, 17 Oct 2019 16:15:02

Boris strikes Brexit deal (video)

OANDA Senior Market Analysts Craig Erlam discusses the Brexit deal agreed between the UK and EU, the reaction we saw in the markets and what to expect in Parliament on Saturday.
Craig Erlam / OANDA   |   Thu, 17 Oct 2019 16:12:27

How political leaders in EU and UK react to Brexit deal

Times of India   |   Thu, 17 Oct 2019 16:07:27

Brexit Party Fracturing Over Boris' New Deal

Nigel says "I'll give him credit. I thought Theresa May's deal was the worst deal in history, Boris's achievements mean it's only the second worst deal in history. It's still, from the point of view of a Brexiteer, completely and utterly unacceptable" Well a lot of Brexiteers do find it ...
Tom Harwood / Guy Fawkes' blog   |   Thu, 17 Oct 2019 16:06:03

UK firms face lending squeeze; IMF chief warns against no-deal Brexit - business live

Rolling coverage of the latest business and economic news, as sterling is volatile after EU and UK agree new Brexit deal Latest: IMF chief says no-deal would hurt GDP Pound jumps as Brexit deal 'agreed' Deutsche Bank: MPs probably won't approve deal Earlier: UK firms face funding squeeze Demand also ...
Graeme Wearden / Guardian   |   Thu, 17 Oct 2019 16:04:49

Boris Johnson's 'terrifying' deal would lead to harder Brexit than Theresa May's, analysis suggests

Prime minister's plan leaves 'whole British economy and the NHS on the table for trade negotiations with Donald Trump'
Benjamin Kentish / The Independent   |   Thu, 17 Oct 2019 15:58:00

Investors Buy Gold Amid Poor Retail Sales Numbers, Brexit Worries

Gold prices edged higher as U.S. retail sales dropped for the first time in seven months in September, generating concerns that a slowdown in the American manufacturing sector could be beginning to infect the consumer side of the economy. On Wednesday the Commerce Department released data showing that retail sales ...
Ian Young / ETF Trends   |   Thu, 17 Oct 2019 15:57:49

DUP will encourage Conservative lawmakers to oppose Brexit deal

Northern Ireland's Democratic Unionist Party (DUP) will encourage like-minded members of British Prime Minister Boris Johnson's government to oppose his Brexit deal, one of its 10 members of parliament said on Thursday.
Reuters   |   Thu, 17 Oct 2019 15:57:09

What's new about the new Brexit deal? An explainer

Open Europe's Stephen Booth, David Shiels and Dominic Walsh examine the revised Withdrawal Agreement The post What's new about the new Brexit deal? An explainer appeared first on Open Europe .
David Shiels / Open Europe   |   Thu, 17 Oct 2019 15:55:12

What's in the proposed UK-EU Brexit deal?

Times of India   |   Thu, 17 Oct 2019 15:49:36

IMF chief urges MPs to back new Brexit deal

The managing director of the International Monetary Fund (IMF) has welcomed the new draft deal on Brexit, saying she "jumped" when she saw the news.
Sky   |   Thu, 17 Oct 2019 15:45:00

Brexit deal: Why does the DUP's opinion matter?

BBC News NI assesses the new Brexit deal, why the DUP won't vote for it and why that matters.
BBC   |   Thu, 17 Oct 2019 15:44:05

GBP/JPY - Buoyed by Brexit hope (video)

OANDA Senior Market Analyst talks about GBPJPY and it's breakout into bullish territory ahead of a Brexit deal.
Craig Erlam / OANDA   |   Thu, 17 Oct 2019 15:34:35

Johnson told EU leaders he was relatively positive about Brexit deal passing UK parliament - official

Prime Minister Boris Johnson told his fellow European Union leaders that he was relatively positive about their new Brexit deal passing the House of Commons, an EU official said after the British leader addressed the summit in Brussels.
Reuters   |   Thu, 17 Oct 2019 15:33:05

Brexit deal will minimise short-term economy hit - Irish finance minister

The Brexit deal struck by Britain and the rest of the European Union will minimise much of Brexit's short-term impact on the economies of Ireland and Northern Ireland, Irish Finance Minister Paschal Donohoe said on Thursday.
Reuters   |   Thu, 17 Oct 2019 15:31:05

Thursday evening news briefing: UK and EU agree Brexit deal as Jean-Claude Juncker rules out another extension

Chris Price / Telegraph   |   Thu, 17 Oct 2019 15:29:37

Johnson believes lawmakers must choose his deal or disorderly Brexit -source

British Prime Minister Boris Johnson believes lawmakers have to choose between voting for his new Brexit deal or risking a disorderly exit from the EU because delaying the departure is no longer an option, a senior British official said.
Reuters   |   Thu, 17 Oct 2019 15:28:30

Stocks, sterling rise on long-awaited Brexit deal

A deal on Britain's departure agreed with the European Union sent sterling to a five-month high on Thursday and hoisted European stocks to a year-and-a-half peak before doubts about UK parliamentary support hauled them back.
Reuters   |   Thu, 17 Oct 2019 15:22:48

IMF's Georgieva Hopes 'The Will Holds' For A Brexit Deal

IMF chief Kristalina Georgieva welcomed news that Britain has reached a deal to leave the European Union but cautioned Thursday the details remain to be seen. "This, of course, is welcome," she said of the Brexit deal announced earlier Thursday. "We would like to see the agreement being reached," she ...
IBTimes   |   Thu, 17 Oct 2019 15:20:55

Brexit/UK stocks: the Boris Johnson trade II

British Land and Land Securities are a good proxy for the prospects of post-Brexit Britain
FT   |   Thu, 17 Oct 2019 15:03:33

The Art of the Brexit Deal

An emergency Brexit podcast to dissect today's tentative deal between the EU27 and the British Government, featuring Maria Demertzis, Guntram Wolff and Nicholas Barrett
The Sound of Economics / Bruegel   |   Thu, 17 Oct 2019 15:02:25

Brexit drama sends investors on 'rollercoaster' ride

Sterling shoots to highest levels in five months before tumbling back
FT   |   Thu, 17 Oct 2019 14:54:47

UK would lose £130bn in growth if Brexit deal passed, figures suggest

Boris Johnson's agreement estimated to cost 6.7% of expected GDP rise over 15 years Latest Brexit developments - live updates Latest business news - live updates Britain is on course to sacrifice as much as £130bn in lost GDP growth over the next 15 years if the Brexit deal goes ...
Phillip Inman / Guardian   |   Thu, 17 Oct 2019 14:50:34

Brexit hits UK science funding, deters international researchers

Uncertainty surrounding Britain's exit from the European Union has hit science funding to the tune of almost half a billion euros and is putting off international researchers from coming to Britain, a leading institution said on Wednesday.
Reuters   |   Thu, 17 Oct 2019 14:39:40

US and European stocks rise as UK and EU reach agreement on Brexit deal

FT   |   Thu, 17 Oct 2019 14:34:17

The pound: Investors can't get too excited about the new deal

The British pound and UK stocks shot up on news that UK Prime Minister Boris Johnson had clinched a new Brexit agreement with the European Union. Then the political reality set in.
CNN   |   Thu, 17 Oct 2019 14:32:12

UK, EU Strike Brexit Deal, Urge MPs To Back It

Britain and the European Union reached a new divorce deal Thursday that could allow Brexit on October 31, but faced immediate opposition among MPs in London -- who can still block it.
IBTimes   |   Thu, 17 Oct 2019 14:27:32

Brexit deal: Your questions answered

Boris Johnson has agreed a new Brexit deal with the EU - but what does it mean and will Parliament pass it?
BBC   |   Thu, 17 Oct 2019 14:26:45

USD/JPY extends slide toward 108.50 as Brexit optimism fades

Read more on
FX Street   |   Thu, 17 Oct 2019 14:25:50

Britain clinches Brexit deal; Johnson must secure parliament's backing

Britain secured a Brexit deal with the European Union on Thursday, more than three years after Britons voted to leave the bloc, but Prime Minister Boris Johnson must still win a knife-edge vote in parliament to get the agreement approved.
Reuters   |   Thu, 17 Oct 2019 14:16:44

Brexit deal faces familiar obstacle - Northern Ireland unionists

Without Democratic Unionist Party votes, it is hard to see how Boris Johnson's deal can pass the House of Commons.
Eleni Courea / Politico   |   Thu, 17 Oct 2019 14:12:49

GBP: Brexit Deal Done, But U.K. Parliament Approval Now The Key Hurdle

Seeking Alpha   |   Thu, 17 Oct 2019 14:09:59

EU president Juncker 'rules out' further Brexit delay

The decision on whether to grant an extension is down to leaders, however
Jon Stone / The Independent   |   Thu, 17 Oct 2019 13:50:00

Oil falls but losses limited by new Brexit deal

Oil prices fell on Thursday as industry data showed a increase in U.S. inventories but losses were limited after Britain and the European Union announced they had reached a deal on Brexit.
Reuters   |   Thu, 17 Oct 2019 13:47:45

Brexit deal, upbeat earnings provide early spark for stocks

Seeking Alpha   |   Thu, 17 Oct 2019 13:45:18

UK: Tail risk of no deal Brexit has diminished further - Danske Bank

Read more on
FX Street   |   Thu, 17 Oct 2019 13:45:01

EU and UK Reach Agreement on Brexit Deal, But...

EU and UK negotiators have reach agreement on a new Brexit deal. The agreement was announced this morning in Brussels ahead of an EU leaders' summit. Jean-Claude Juncker, European Commission president, wrote on Twitter: "Where there is a will, there is a #deal - we have one! It's a fair ...
Robert Wenzel / Economic Policy Journal   |   Thu, 17 Oct 2019 13:40:00

Pound Goes On Rollercoaster Ride After Brexit Draft Deal

The British pound had a tumultuous session on Thursday as a draft Brexit deal between London and Brussels sparked both hope and scepticism in a volatile forex market. Sterling soared to within a whisker of $1.30, striking five-month peaks, when news flashed across traders' screens that the European Union had ...
IBTimes   |   Thu, 17 Oct 2019 13:39:36

Thursday's Stock Market Open: Preliminary Brexit Deal Boosts Stocks

Traders took heart in word of a preliminary deal to ease the United Kingdom's exit from the European Union ahead of Thursday's European Council meeting. The Dow Jones Industrial Average opened 76 points higher at 27,078 while the S&P 500 rose 14 points to 3,003 and the Nasdaq Composite added ...
IBTimes   |   Thu, 17 Oct 2019 13:38:15

Will Johnson Deliver Brexit or Engxit?

LONDON-Just before lunchtime on October 17, 2019, the British and the European Union announced a deal on a smooth British exit from the EU. This is the second such deal in less than a year. The previous deal was rejected by Parliament and capsized the career of former Prime Minister ...
David Frum / The Atlantic   |   Thu, 17 Oct 2019 13:34:38

Nigel Farage mocked for Brexit U-turn after saying he would rather accept delay than new deal

Brexit Party leader hits out at Jean-Claude Juncker after European Commission president appears to rule out further extension
Benjamin Kentish / The Independent   |   Thu, 17 Oct 2019 13:33:00

U.K. clinches Brexit deal, but now Boris Johnson must face Parliament

Britain clinched an eleventh-hour Brexit deal with the EU on Thursday, more than three years after Britons voted in a referendum to leave the bloc, ...
No Author / Japan Times   |   Thu, 17 Oct 2019 13:31:08

Brexit: Emmanuel Macron 'reasonably confident' UK MPs will pass deal

Following Thursday's announcement of a deal, all eyes will be on London to see whether Prime Minister Boris Johnson, who has vowed to take Britain out of the EU by the end of the month, has enough support to push through the agreement in parliament.
AFP / Financial Express   |   Thu, 17 Oct 2019 13:27:12

Can Brexit breakthrough really bring resolution?

FT's Miranda Green and Anne-Sylvaine Chassany discuss the new deal
FT   |   Thu, 17 Oct 2019 13:24:58

Europe's Brexit deal cheers dampened by familiar snags

Confirmation of a new Brexit deal sent sterling to a five-month high on Thursday and hoisted European stocks to a year-and-a-half peak, before familiar doubts about British parliamentary support for the agreement hauled them back.
Reuters   |   Thu, 17 Oct 2019 13:14:49

Northern Ireland's DUP says it can't support Johnson's Brexit deal

Northern Ireland's Democratic Unionist Party (DUP) said on Thursday it could not support Prime Minister Boris Johnson's Brexit agreement with the European Union, complicating his task of getting it approved by parliament.
Reuters   |   Thu, 17 Oct 2019 13:13:31

British political parties, world leaders react to Brexit deal

Several UK parties have said they will vote against the Johnson's new deal in the parliament.
Al Jazeera   |   Thu, 17 Oct 2019 13:11:35

Britain clinches Brexit deal, PM Boris Johnson now faces parliament hurdle

Britain clinched an eleventh-hour Brexit deal with the EU on Thursday, more than three years after Britons voted in a referendum to leave the bloc, but Prime Minister Boris Johnson still faces a knife-edge vote in parliament to get it approved.
Times of India   |   Thu, 17 Oct 2019 13:09:27

Brexit news dominating headlines - TDS

Read more on
FX Street   |   Thu, 17 Oct 2019 13:02:13

Proposed US-China trade and Brexit deals have spurred investor excitement – and once again, it’s premature

Hope springs eternal, especially in financial markets where the “fear of missing out” – known in the investment community by the acronym – on a rally can be a powerful driver of sentiment. Over the past several days, Fomo has been very much in evidence.Since October 10, the British pound ...
Nicholas Spiro / South China Morning Post   |   Thu, 17 Oct 2019 13:00:13

Britain clinches Brexit deal, Johnson now faces parliament hurdle

Britain clinched an eleventh-hour Brexit deal with the EU on Thursday, more than three years after Britons voted in a referendum to leave the bloc, but Prime Minister Boris Johnson still faces a knife-edge vote in parliament to get it approved.
Reuters   |   Thu, 17 Oct 2019 12:54:29

Will the Brexit deal pass the Commons?

The consensus at Westminster at this moment is that Boris Johnson doesn't have the numbers
FT   |   Thu, 17 Oct 2019 12:52:22

Boris Johnson's Brexit deal: what's in it and how is it different to Theresa May's version?

Against seemingly all the odds, we have a new Brexit deal. As an apparent vindication of UK prime minister Boris Johnson's strategy to ramp up the threat of a no-deal departure from the EU and to force concessions from Brussels, one would imagine that Number 10 is rather happy right ...
Simon Usherwood, Professor in Politics, University of Surrey / The Conversation   |   Thu, 17 Oct 2019 12:51:15

UK PM Johnson: Lawmakers need to deliver Brexit without any more delay

Read more on
FX Street   |   Thu, 17 Oct 2019 12:48:56

EUR/USD: Under the influence of the Brexit effect? - Rabobank

Read more on
FX Street   |   Thu, 17 Oct 2019 12:48:36

GBP/USD technical analysis: Cable erases daily gains as the DUP rejects the Brexit deal

Read more on
FX Street   |   Thu, 17 Oct 2019 12:48:04

What is in the new Brexit deal?

A revised Brexit deal has been agreed by the UK and EU. What does it contain?
BBC   |   Thu, 17 Oct 2019 12:45:53

Analysis: Johnson gets a Brexit deal -- but he can't defy gravity

If you've been trying to keep up with the Brexit developments and are starting to feel dizzy, don't worry. It's all very confusing and moving faster than is really good for you. However, here are the answers to some key questions, which might help you back to your feet.
CNN   |   Thu, 17 Oct 2019 12:42:48

DUP says it will not support Boris Johnson's Brexit deal in parliament

Opposition from Arlene Foster's party leaves PM struggling to win Westminster majority for agreement with Brussels
Andrew Woodcock / The Independent   |   Thu, 17 Oct 2019 12:42:00

MPs win bid to vote on second Brexit referendum in Saturday parliament showdown

MPs have won a key parliamentary vote paving the way for a Commons bid to secure a second referendum on Saturday.
Lizzy Buchan / The Independent   |   Thu, 17 Oct 2019 12:41:00

Berlin Blames Trade Wars And Brexit For Falling Growth Prospects

Germany on Thursday slashed its growth outlook for next year, saying it expects trade conflicts, Brexit and other sources of uncertainty abroad to continue weighing on an economy that remains buttressed by domestic strength. Europe's largest economy should expand by 1.0 percent in 2020, the economy ministry said, down from ...
IBTimes   |   Thu, 17 Oct 2019 12:40:31

Thrilling Thursday - A Brexit Deal (sort of) Brings Us back to 3,000 (again)

Isn't this fun? IBM had a big miss, Netflix had a big beat, the indexes and futures are all over the place and Boris Johnson has Schrodinger's Brexit but he dares not look in the box because - as long as he doesn't, he has a deal that is dead ...
phil / Phil's Stock World   |   Thu, 17 Oct 2019 12:34:59

What is the new Brexit deal and how is it different?

Boris Johnson and the EU have released a new withdrawal agreement that addresses four key sticking points.
Al Jazeera   |   Thu, 17 Oct 2019 12:33:56

BREXIT deal sealed: India likely to benefit but Indian firms in UK must watch

The long-awaited BREXIT deal has finally been sealed but it is too early to draw inferences on its implications on India as the minutes of the deal have not yet been disclosed. "We've got a great new deal that takes back control," Boris Johnson said on Twitter. He added that ...
Samrat Sharma / Financial Express   |   Thu, 17 Oct 2019 12:32:03

Britain And EU Strike Brexit Deal But MPs Cry Foul

Britain and the European Union reached a new divorce deal Thursday that could allow Brexit on October 31, but faced immediate opposition among MPs in London -- who could still block it.
IBTimes   |   Thu, 17 Oct 2019 12:30:28

We will have close look at new Brexit deal text - German minister

Germany will have a close look at the newly negotiated deal for Britain to leave the European Union, the country's foreign minister said on Thursday, adding that all parties had worked together responsibly.
Reuters   |   Thu, 17 Oct 2019 12:28:50

Ireland's Varadkar: Brexit deal protects single market and our place in it

Read more on
FX Street   |   Thu, 17 Oct 2019 12:20:52

UK parliament will have straight deal or no-deal Brexit debate on Saturday

British Prime Minister Boris Johnson plans to make a statement to parliament on Saturday and then lawmakers will debate whether to approve his new Brexit deal or leave the EU without a deal, leader of the House of Commons Jacob Rees-Mogg said on Thursday.
Reuters   |   Thu, 17 Oct 2019 12:18:58

Breaking: GBP/USD crashes below 1.28 on doubts Brexit deal can pass

Read more on
FX Street   |   Thu, 17 Oct 2019 12:15:03

Northern Ireland's DUP party won't support new Brexit deal

The Democratic Unionist Party of Northern Ireland, a key voting bloc in the British parliament, said on Thursday it would not support a new Brexit deal agreed by the European Union and the British government.
Reuters   |   Thu, 17 Oct 2019 12:13:45

'Super Saturday' Brexit showdown in parliament looms for PM Johnson

Prime Minister Boris Johnson faces a Brexit showdown with parliament on Saturday after clinching a last-minute divorce deal with the European Union that his Northern Irish allies oppose.
Reuters   |   Thu, 17 Oct 2019 12:08:59

Brexit deal: Details of Boris Johnson's agreement reveal why furious DUP is set to defeat it

No 10 insisted it would not repeat Theresa May's fatal mistake of signing an agreement without DUP support - but now it has
Rob Merrick / The Independent   |   Thu, 17 Oct 2019 12:05:23

DUP formally rejects UK PM Johnson's Brexit deal

Read more on
FX Street   |   Thu, 17 Oct 2019 12:04:05

Brexit: Revised withdrawal agreement in full

UK parliament set for Saturday vote on revised withdrawal agreement brokered ahead of October 31 Brexit deadline.
Al Jazeera   |   Thu, 17 Oct 2019 12:02:55

The Boris Johnson Brexit deal dissected

Achieving Commons approval for the agreement is a tough challenge for the UK prime minister
FT   |   Thu, 17 Oct 2019 12:02:09

Reactions in Britain to new Brexit deal

The European Union and the British government have finally clinched a new deal setting the terms of Britain's exit from the bloc.
Reuters   |   Thu, 17 Oct 2019 11:55:49

US Open - Brexit Deal Rally seems short-lived, Earnings, Oil, Gold, Bitcoin

It was not expected to happen today, but a Brexit deal got hammered out. PM Boris Johnson got the job done and now he needs to survive the Parliamentary arithmetic. Johnson needs 320 votes to get his deal through the House of Commons. Johnson will have just under 259 votes ...
Ed Moya / OANDA   |   Thu, 17 Oct 2019 11:53:43

Full text of the latest Brexit deal

Revised agreement has been struck ahead of the October 31 deadline
FT   |   Thu, 17 Oct 2019 11:49:41

S&P Futures Surge Above 3,000 Amid Confusion Over Successful Brexit Deal

S&P Futures Surge Above 3,000 Amid Confusion Over Successful Brexit Deal "Brexit's the only show in town today" - Rabobank FX strategist Lyn Graham-Taylor. For once traders were less focused on the US-China trade deal rumorflow, and instead the catalyst for the overnight moves was the frentic last minute Brexit ...
Tyler Durden / Zero Hedge   |   Thu, 17 Oct 2019 11:47:51

Johnson to ask EU to rule out more Brexit delay - source

British Prime Minister Boris Johnson will ask European leaders to rule out another Brexit delay and will not accept an extension if offered, a UK government source said on Thursday
Reuters   |   Thu, 17 Oct 2019 11:46:51

Boris Johnson heads to crucial summit

CNN   |   Thu, 17 Oct 2019 11:46:26

Merkel demands EU budget rebate for Germany

Chancellor says Berlin faces 'excessive burden' as a result of Brexit
FT   |   Thu, 17 Oct 2019 11:44:16

Former Conservative leader Duncan Smith reserves judgment on Brexit deal

Pro-Brexit former Conservative leader Iain Duncan Smith said he was reserving judgment on the last-minute deal struck by Britain and the European Union on Thursday until he understood why Northern Ireland's DUP opposed it.
Reuters   |   Thu, 17 Oct 2019 11:44:03

Nicola Sturgeon says Johnson deal would mean 'much harder Brexit'

Scotland's first minister confirms her SNP MPs will vote against Boris Johnson's newly-agreed deal with the EU.
BBC   |   Thu, 17 Oct 2019 11:42:48

READ: Full text of the latest Brexit deal

UK Prime Minister Boris Johnson has agreed a new withdrawal deal with the European Union, but still faces a huge challenge in getting it passed by Parliament.
CNN   |   Thu, 17 Oct 2019 11:37:20

Factbox: Reactions in Britain to new Brexit deal

The European Union and the British government have finally clinched a new deal setting the terms of Britain's exit from the bloc.
Reuters   |   Thu, 17 Oct 2019 11:30:28

British government not contemplating Brexit deal defeat - Gove

British Prime Minister Boris Johnson is not contemplating defeat in a planned parliamentary vote on Saturday on his new Brexit deal, cabinet minister Michael Gove said on Thursday.
Reuters   |   Thu, 17 Oct 2019 11:29:11

Ireland's foreign minister welcomes Brexit deal as a big step forward

Ireland's foreign minister on Thursday welcomed the Brexit deal struck by the British government and the European Union as "a big step forward".
Reuters   |   Thu, 17 Oct 2019 11:26:55

Johnson to ask EU leaders to rule out delay - BBC political editor

British Prime Minister Boris Johnson will ask European leaders to rule out a further Brexit delay in the hope that lawmakers will then choose between leaving the the European Union with his deal or no deal, the BBC's political editor reported.
Reuters   |   Thu, 17 Oct 2019 11:26:01

UK pro-Brexit lawmaker Smith: We are concerned with DUP's position

Read more on
FX Street   |   Thu, 17 Oct 2019 11:24:20

Brexit deal news lifts pound towards $1.30, fuels rally UK domestic-focused shares

Sterling surged more than 1% and British share prices rallied on Thursday after British Prime Minister Boris Johnson and European Union officials said a Brexit deal was done.
Reuters   |   Thu, 17 Oct 2019 11:21:21

Sensex soars 453 points after Britain, EU reach Brexit deal, Nifty near 11,600; Yes Bank jumps 16%

The headline indices Sensex and Nifty surged on Thursday even as Britain and the European Union said Thursday that they have struck an outline Brexit deal. The Sensex ended 453 points higher to reclaim the crucial 39,000-mark.
FE Online / Financial Express   |   Thu, 17 Oct 2019 11:21:20

Deal in hand: Boris Johnson heads to crucial summit

The United Kingdom and the European Union have agreed a new Brexit deal after months of tense negotiations, according to Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker.
CNN   |   Thu, 17 Oct 2019 11:18:17

Factbox: Early details of new Brexit deal

The European Union has agreed a new Brexit deal with Britain. Here are the initial details.
Reuters   |   Thu, 17 Oct 2019 11:17:09

What's new about Boris Johnson's Brexit deal?

Boris Johnson declared that the controversial backstop was dead as a new deal was struck with the European Union on Brexit.
Sky   |   Thu, 17 Oct 2019 11:17:00

Top 5 Things to Know in the Market on Thursday

Investing.com - There's a Brexit deal in the offing, although it still needs to be approved by a recalcitrant British parliament. The pound and other U.K. and European assets are responding with enthusiasm. Elsewhere, Netflix...
sellputs / Hedge Accordingly   |   Thu, 17 Oct 2019 11:16:35

Deregulation and standards after Brexit - what Naomi Klein's 'disaster capitalism' can tell us

Food supply changes. Philip Reeve/Shutterstock One of the most frustrating features of Brexit over the past three years is the widespread belief among Brexiteers that outside of the EU, Britain will have more control over its destiny as a nation. It's certainly a seductive idea. However, when considering Philip Hammond's ...
Daniel Fisher, PhD Research Candidate, Cass Business School, City, University of London / The Conversation   |   Thu, 17 Oct 2019 11:16:32

Germany's Commerce Chambers: Brexit deal is first ray of light

Germany's DIHK Chambers of Commerce on Thursday said Britain's reaching an agreement with the European Union on its withdrawal from the bloc the first ray of light in a long time.
Reuters   |   Thu, 17 Oct 2019 11:16:11

Have UK voters changed their minds on Brexit?

Where do voters stand on Brexit, after more than three years of debate and negotiation?
BBC   |   Thu, 17 Oct 2019 11:16:00

Brexit: UK set to rule out any delays - GBP/USD pressured

Read more on
FX Street   |   Thu, 17 Oct 2019 11:09:12

EU's Tusk says Brexit deal 'always better than a no-deal'

European Council President Donald Tusk said of a new Brexit deal agreed on Thursday: "A deal is always better than a no-deal."
Reuters   |   Thu, 17 Oct 2019 11:08:27

Brexit - It's a deal!

Sterling soars on Brexit deal In typical eleventh hour fashion, the UK and EU have agreed a new Brexit deal, sending the pound soaring to seven month highs against the dollar. The pound peaked around 1.30 in a knee jerk rally, following confirmation of the agreement before some profit taking ...
Craig Erlam / OANDA   |   Thu, 17 Oct 2019 11:06:33

Bored by Brexit? British TV starts Brexit-free news channel

After three years of Brexit crisis, Sky News is betting that some viewers are so bored by the divorce drama that there is a market for a channel dedicated to news that has nothing to do with Britain's exit from the European Union.
Reuters   |   Thu, 17 Oct 2019 11:06:17