Brexit News Archive: 27 Oct 2019

Brexit gamble: Boris Johnson could get his snap election – and earlier than expected

Britain could be edging closer to December polls despite the main opposition Labour Party making clear it will not back Boris Johnson’s bid for an early election.Sources at No 10 say there is tentative support from Downing Street for a plan by the pro-EU Liberal Democrats and Scottish National Party ...
The Guardian / South China Morning Post   |   Sun, 27 Oct 2019 23:00:19

All system go on the Brexit front and GBP key this week

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FX Street   |   Sun, 27 Oct 2019 21:44:17

GBP/USD sellers catch a breath amid calls of EU granting 3-month Brexit extension

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FX Street   |   Sun, 27 Oct 2019 21:33:18

Brexit: EU considers flexible three-month extension

Ambassadors are due to meet on Monday to discuss a draft text on extending Brexit until 31 January.
BBC   |   Sun, 27 Oct 2019 21:31:17

EU hopes to endorse Brexit delay to Jan. 31 with earlier departure possible: sources

The 27 European Union countries that will remain after Brexit hope to agree on Monday to delay Britain's divorce until Jan.31 with an earlier departure ...
No Author / Japan Times   |   Sun, 27 Oct 2019 21:01:21

Week ahead: US data deluge, Fed and Brexit

Investors await updates on American growth, jobs and manufacturing
FT   |   Sun, 27 Oct 2019 21:00:27

EU hopes to endorse Brexit delay to January 31 with earlier departure possible - sources

The 27 European Union countries that will remain after Brexit hope to agree on Monday to delay Britain's divorce until Jan.31 with an earlier departure possible should the factious UK parliament ratify their separation deal, sources said.
Reuters   |   Sun, 27 Oct 2019 19:54:03

Brussels close to agreeing Brexit extension until January

Meeting of EU leaders on Monday will rule out any further deal negotiations
FT   |   Sun, 27 Oct 2019 18:35:43

Gina Miller: Police investigate contract killer crowdfunding page

GoFundMe removes the page, which sought to raise £10,000 to have the anti-Brexit campaigner killed.
BBC   |   Sun, 27 Oct 2019 17:46:27

Germany's annual EU budget bill set to double to €33bn

Europe's largest net contributors resist demands for steeper payments after Brexit
FT   |   Sun, 27 Oct 2019 17:15:26

General election: Boris Johnson reveals 'plan B' to force pre-Christmas poll if he loses Commons vote

No 10 explores bringing forward a bill - allowing a poll with a simple majority in Commons - despite dismissing identical Lib Dem-SNP plan as 'gimmick'
Rob Merrick / The Independent   |   Sun, 27 Oct 2019 16:10:00

Crowdfunder sought £10k for hitman to kill anti-Brexit campaigner

Police are investigating after a crowdfunding webpage was set up to raise funds to kill anti-Brexit campaigner Gina Miller.
Sky   |   Sun, 27 Oct 2019 15:56:00

Fed meeting, Brexit, third-quarter earnings

Start every week on the front foot with a preview of what's on the global agenda
FT   |   Sun, 27 Oct 2019 15:28:15

Boris Johnson and other MPs warned over 'extraordinarily dangerous' Brexit comments by Archbishop of Canterbury

Church of England leader urges politicians from all parties not to inflame 'very polarised and volatile situation'
Lizzie Dearden / The Independent   |   Sun, 27 Oct 2019 14:46:00

Warning over accuracy of UK settled status data

Doubts make it hard to gauge how many EU citizens have the right to stay after Brexit
FT   |   Sun, 27 Oct 2019 14:26:32

Sajid Javid has only added to Brexit turmoil by delaying the budget | Richard Partington

When economy needs leadership, No 11 occupant cements reputation as 'chancellor only in name' instead It was supposed to be the event to end austerity. A budget to turn the page; to enact the "people's priorities", with everything to like and nothing to hate. But what should have been a ...
Richard Partington / Guardian   |   Sun, 27 Oct 2019 14:05:59

British government steps up pressure on parliament over election vote

Boris Johnson's government stepped up pressure on lawmakers on Sunday to back the prime minister's bid to hold an early election and break the Brexit impasse, saying Britain was being held "hostage" by parliament.
Reuters   |   Sun, 27 Oct 2019 13:52:06

UK Parties Argue Over Election As EU Mulls Brexit Delay

Britain appeared to move a step closer Sunday to holding an early election in December, after two opposition parties backed the idea -- but only if EU leaders delay Brexit until January. The Scottish National Party (SNP) and the Liberal Democrats broke ranks with the main opposition Labour party to ...
IBTimes   |   Sun, 27 Oct 2019 13:45:32

PM's Brexit deal 'available to Theresa May 15 months ago'

Former chancellor Philip Hammond has claimed Boris Johnson's Brexit deal was an agreement previously available to ex-prime minister Theresa May.
Sky   |   Sun, 27 Oct 2019 13:45:00

Johnson could back opposition plans for December 9 election

Lib Dem-SNP proposal would deny PM chance to get Brexit bill through parliament before snap poll
FT   |   Sun, 27 Oct 2019 12:31:16

France wants clarity from UK before considering Brexit deadline extension

France wants clarity from Britain before it can consider extending the deadline for Brexit negotiations with the European Union, French European Affairs Minister Amelie de Montchalin said on Sunday.
Reuters   |   Sun, 27 Oct 2019 12:07:41

JD Wetherspoon may have breached law over 1.9m Brexit beer mats

Experts say spending on pro-leave material before 2016 vote required shareholder approval JD Wetherspoon have been accused of breaching the Companies Act after failing to seek shareholder approval for spending on almost 2m pro-leave beer mats before the 2016 EU referendum. The pub chain spent £94,856 during the referendum campaign, ...
Sean Farrell / Guardian   |   Sun, 27 Oct 2019 12:01:22

DUP leader suggests Johnson unclear about Brexit deal details

Arlene Foster says party's 10 MPs not likely to back call for an early election
FT   |   Sun, 27 Oct 2019 11:47:53

Stop holding UK 'hostage', government says as it steps up pressure on parliament

Boris Johnson's Conservatives stepped up pressure on lawmakers on Sunday to back the prime minister's bid to hold an early election and break Britain's Brexit impasse, saying the country was being held "hostage" by parliament.
Reuters   |   Sun, 27 Oct 2019 11:33:13

UK government will look at other options if early vote bid fails - source

Britain's government will look at all options to get Brexit done, including those suggested by other parties, if the main opposition Labour Party rejects Prime Minister Boris Johnson's bid on Monday for a new election, a Downing Street source said.
Reuters   |   Sun, 27 Oct 2019 11:32:58

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: 27 Oct 2019     |     enquire