Brexit News Archive: 26 Oct 2019

Brexit election: Lib Dems and SNP plan to force earlier poll

Lib Dem leader Jo Swinson says Boris Johnson's election offer masks a bid to "ram through" his deal.
BBC   |   Sat, 26 Oct 2019 21:10:03

Conservatives urge voters to pester MPs to back Boris Johnson's bid for pre-Christmas election

Pressure stepped up ahead of crucial vote - but Jeremy Corbyn toughens stance, saying 'all vestiges' of a no-deal Brexit must be removed first
Rob Merrick / The Independent   |   Sat, 26 Oct 2019 20:32:58

Boris Johnson accused of eyeing post-Brexit US trade deal by ripping out food safeguards imposed by parliament

Exclusive: 'This is clearly an attempt to make it harder for the public and parliament to ensure protections are not traded away'
Rob Merrick / The Independent   |   Sat, 26 Oct 2019 18:40:38

NT dollar slides, US dollar gains on pound over Brexit

Taipei Times   |   Sat, 26 Oct 2019 18:01:12

DUP conference: Johnson 'should seek Brexit deal changes'

Arlene Foster says her party has sent Boris Johnson "to the naughty step" twice in the last week.
BBC   |   Sat, 26 Oct 2019 17:37:42

Latvia foreign minister sees Brexit extension, debate over how long

European Union leaders are willing to delay Brexit past next week's Oct. 31 deadline, but have not agreed on how long the extension should be, Latvia's foreign minister, Edgars Rinkevics, said on Saturday.
Reuters   |   Sat, 26 Oct 2019 17:11:03

Johnson's Brexit deal poses rules-of-origin conundrum

UK companies will have to start collecting data or stop exporting to Northern Ireland
FT   |   Sat, 26 Oct 2019 17:00:27

Brexit coin production has stopped

The UK has halted production of commemorative Brexit coins, which had been marked with the date "31 October 2019" -- the day the UK is due to leave the European Union -- amid uncertainty over the departure.
CNN   |   Sat, 26 Oct 2019 16:10:29

DUP to oppose Tory pre-Christmas election plans

Arlene Foster says her party will continue to vote against Boris Johnson on Brexit
FT   |   Sat, 26 Oct 2019 15:27:15

PM sent to 'naughty step' by DUP over Brexit deal

DUP leader Arlene Foster has urged Boris Johnson to renegotiate his Brexit deal after her party sent the prime minister "to the naughty step".
Sky   |   Sat, 26 Oct 2019 15:09:00

Brexit: 'Fears confirmed' over rights at work, says Labour

But the government says reports that employee rights could be downgraded are "way exaggerated".
BBC   |   Sat, 26 Oct 2019 14:27:37

Tony Blair calls for new law to block no-deal Brexit after Tory minister admits it will 'always' be option

Kwasi Kwarteng's comments branded 'a revelation' that make it essential MPs block a pre-Christmas election
Rob Merrick / The Independent   |   Sat, 26 Oct 2019 13:01:00

John le Carré's Scathing Tale of Brexit Britain

If in John le Carré's novels the British intelligence service stands as a microcosm for the state of the nation herself, then bad news: In 2019, we're looking less at a major global power than at a leaky, pusillanimous, perennially cash-strapped institution. An agent's best transport option for a clandestine ...
Sophie Gilbert / The Atlantic   |   Sat, 26 Oct 2019 12:00:00

UK ministers deny plan to weaken workers' rights after Brexit

Britain's government denied a newspaper report on Saturday that it will seek to weaken workers' rights after Britain leaves the European Union, with one minister describing the idea as "completely mad".
Reuters   |   Sat, 26 Oct 2019 11:07:05

Daily Digest 10/21 - Civil Unrest Erupting Around The World, Can We Still Dodge the Progress Trap?

Four dead in Bangladesh riot over offensive Facebook post Civil Unrest Is Erupting All Over The World, But Just Wait Until America Joins The Party Lebanon's Hariri agrees to reforms amid nationwide protests over economic crisis Boris Johnson faces frenzied week as Brexit deadline nears Unprecedented: The Trump NLRB's attack ...
Daily Digest / Peak Prosperity   |   Mon, 21 Oct 2019 16:35:02

Brexit Mania

I admit I started to tune it out because I got a bit sick of following all the ups and downs. Let me know when it's over!*Boris Johnson has been denied the opportunity to hold a second vote on his Brexit deal in the House of Commons after the Speaker, ...
Atrios / Eschaton   |   Mon, 21 Oct 2019 15:59:00

Petróleo Sube con Esperanzas de Brexit y Tratado EU-China (video)

El analista senior para America Latina de OANDA Alfonso Esparza expone las razones del alza del petróleo en la semana. El optimismo en el mercado de que un Brexit duro no se haga presente y que China y Estados Unidos lleguen a un acuerdo en el mediano plazo ha limitado ...
Alfonso Esparza / OANDA   |   Mon, 21 Oct 2019 15:54:02

Lord King: Brexit is no big deal

Merv loses his nerve.
FT Alphaville   |   Mon, 21 Oct 2019 15:52:58

Boris Johnson Presses Ahead with Brexit

Washington Post: "As it did on Super Saturday, the British government will try, once again, to hold a 'meaningful vote' on Monday in Parliament on the withdrawal agreement that Johnson successfully negotiated with his European counterparts last week. Britain is scheduled to leave the E.U. on Oct. 31, in just ...
Taegan Goddard / Taegan Goddard   |   Mon, 21 Oct 2019 15:45:39

Johnson Tries to Throw UK Under Bus; Parliament Balks-for Now

Rachel Shabi The hope for those who oppose his awful Brexit deal is that the number of supporters will collapse once the legislation comes into contact with reality. The post Johnson Tries to Throw UK Under Bus; Parliament Balks-for Now appeared first on The Nation .
Rachel Shabi / The Nation   |   Mon, 21 Oct 2019 15:40:46

Oil Higher on Brexit and Trade War Hope (video)

OANDA Senior Market Analyst Alfonso Esparza discusses oil prices and the resilience of crude even as US inventories rose last week.
Alfonso Esparza / OANDA   |   Mon, 21 Oct 2019 15:39:29

Geopolitical Landscape Could Cause Bond Market Volume to Drop

It's certainly been the summer of bonds after the equities markets spooked investors into safer haven assets like government debt. The holidays are right around the corner and some analysts are forecasting that market volume in bonds could drop given the current geopolitical landscape. With global events like Brexit and ...
Ben Hernandez / ETF Trends   |   Mon, 21 Oct 2019 15:06:07

UK Parliament Speaker Bercow Blocks New Vote On Johnson's Brexit Deal

UK Parliament Speaker Bercow Blocks New Vote On Johnson's Brexit Deal With cable reversing all weekend losses, and spiking overnight on that a Brexit vote could be held as soon as today, moments ago House of Commons speaker John Bercow blocked the government's bid to hold a meaningful vote, thwarting ...
Tyler Durden / Zero Hedge   |   Mon, 21 Oct 2019 14:55:34

Bercow Blocks Boris Bringing Back Brexit Vote

John Bercow has Boris cannot try holding a meaningful vote on his deal, despite MPs explicitly withholding opinion on the deal on Saturday by passing the Letwin Amendment. No one was expecting a fair ruling from Bercow though... The Government will, therefore, have to push on with the far trickier ...
Christian Calgie / Guy Fawkes' blog   |   Mon, 21 Oct 2019 14:35:33

The State Of Markets

The State Of Markets Authored by Sven Henrich via NorthmanTrader.com, No new highs, no new lows, lots of chop and still no decisions on anything. New highs or not, trade deal or not, hard Brexit or not, the list goes on and on. Bulls remain undeterred and confident that an ...
Tyler Durden / Zero Hedge   |   Mon, 21 Oct 2019 13:54:40

Scottish Judges Wait to Decide Whether Johnson Met Benn Act

(Bloomberg) - Scottish judges held off on ruling on a case brought by opponents of a no-deal Brexit to ensure that British Prime Minister Boris Johnson complies with a law requiring he reach an agreement...
sellputs / Hedge Accordingly   |   Mon, 21 Oct 2019 13:47:04

Links 22 October 2019

Global Macro / Markets / Investing: US Federal Reserve starts "quantitative easing forever" - WSWS Saudi Arabia's Best Bet Is to Crash the Price of Oil - Bloomberg Brexit Deal Failure Will Rattle Markets ... - Stock Market News Global economy: 'we must do everything possible' to avoid global 'fracture' ...
Unconventional Economist / MacroBusiness   |   Mon, 21 Oct 2019 13:01:26

Guido Fawkes - "support for Boris' deal" - REALLY?

Parliamentary gossip broker Paul Staines aka "Guido Fawkes" confidently transmits this news:... Nigel's continuing opposition for opposition's sake, it seems his usually loyal followers are abandoning him in favour of Boris's new deal. Last man in the bunker... "A new Survation poll out this morning shows 67% of Brexit Party ...
Unknown / Bearwatch   |   Mon, 21 Oct 2019 12:48:00

DUP Opposition to Boris' Deal Making English Less Likely to Support the Union

New Polling commissioned by Global Britain has shown that if the DUP continue to not support Boris's deal, English voters will be significantly less likely to support Northern Ireland staying in the UK. If the Brexit process is delayed again, the DUP will be losing English good will to keep ...
Tom Harwood / Guy Fawkes' blog   |   Mon, 21 Oct 2019 12:30:37

US Futures Rally As Trade Deal, Brexit Optimism Return Despite Prevailing Chaos

US Futures Rally As Trade Deal, Brexit Optimism Return Despite Prevailing Chaos One day after US stocks ended last week on the back foot amid growing uncertainty over Brexit, the ongoing trade talks on "Phase one" deal between the US and China and signals of a global slowdown, world stocks ...
Tyler Durden / Zero Hedge   |   Mon, 21 Oct 2019 11:37:57

10 things you need to know before the opening bell

Here is what you need to know. 1. The EU is preparing to delay Brexit until 2020 and British lawmakers are plotting to scupper Boris Johnson's deal. MPs are planning to push for a second referendum and attach a customs union to the prime minister's Brexit deal. 2. China's growth ...
Yusuf Khan / Money Game   |   Mon, 21 Oct 2019 11:14:00

Pound Rallies As Johnson Pushes For Monday Vote On Brexit Deal

Pound Rallies As Johnson Pushes For Monday Vote On Brexit Deal After MPs voted on Saturday to delay a vote on Boris Johnson's Brexit deal, forcing Johnson to ask the EU for another delay, the PM is preparing to try again on Monday and put the deal to another vote ...
Tyler Durden / Zero Hedge   |   Mon, 21 Oct 2019 10:46:00

US Open - Stocks, Johnson's Brexit Push, Oil, Gold

US stocks are poised to have a lackluster open as stocks inch higher in the pre-market. Earnings results will pick up tomorrow and with no major economic data releases, markets will focus on any incremental trade update, Brexit progress, and geopolitical risks. Brexit Time is running out to get a ...
Ed Moya / OANDA   |   Mon, 21 Oct 2019 10:22:56

Brexit Party Supporters Back the Deal

Despite Nigel's continuing opposition for opposition's sake, it seems his usually loyal followers are abandoning him in favour of Boris's new deal. Last man in the bunker... A new Survation poll out this morning shows 67% of Brexit Party voters want the Commons to pass the deal, a little behind ...
Christian Calgie / Guy Fawkes' blog   |   Mon, 21 Oct 2019 09:19:46

European open - Brexit, gold, oil

Sterling slips on Brexit delay European markets are a mixed bag at the start of trade on Monday as the Brexit saga drags on, weighing a little on the currency. Source - Thomson Reuters Eikon We saw strong gains in the pound last week in anticipation of a Brexit deal ...
Craig Erlam / OANDA   |   Mon, 21 Oct 2019 08:37:29

Brexit: Time Is of the Essence

Why Johnson's Brexit may be in more trouble than it seems.
Yves Smith / Naked Capitalism   |   Mon, 21 Oct 2019 08:25:47

Brexit News Archive: 26 Oct 2019     |     enquire