Brexit News Archive: 23 Jan 2017

Pound Higher Ahead of Brexit Court Ruling

GBP boosted by weak dollar and softer Brexit outcome The British pound has been one of the best performing currencies in a week that saw the U.S. transfer of power to Donald Trump. The dollar has lost momentum ever since Trump gave little details about his strategic decisions in a ...
OANDA   |   Mon, 23 Jan 2017 21:36:49

The Trump Administration And The New Rising European Right

The political and social scene is changing in Europe. This change did not start with Brexit, but the UK's decision to leave the Eurozone was the most visible sign. President Donald Trump is well prepared to understand the forces at work in this new Europe.
Alejandro Chafuen, Contributor / Forbes   |   Mon, 23 Jan 2017 20:49:00

5 Things to Watch From the U.K. Supreme Court's Brexit Ruling

The U.K.'s Supreme Court on Tuesday delivers a ruling on whether Prime Minister Theresa May needs the approval of Parliament to trigger Brexit, in one of the most politically charged cases in decades. Here's a quick look at what the decision could mean:
MoneyBeat   |   Mon, 23 Jan 2017 19:40:47

GBP Higher Ahead of UK Parliament Brexit Decision

The U.K. Supreme Court will soon decide on whether the U.K. government must allow lawmakers to have a say in starting the Brexit process. But regardless of what the court decides, the pound may still have room to rise, market strategists said. Investors will watch for a decision Tuesday on ...
OANDA   |   Mon, 23 Jan 2017 16:02:59

GBP/USD - Pound Closing in on 1.25 Ahead of Brexit Ruling

The British pound has posted strong gains in the Monday session. Currently, GBP/USD is trading at 1.2490. It's a quiet start to the week on the release front, with no releases from the UK or US. On Tuesday, the UK Supreme Court will rule whether Prime Minister May must obtain ...
OANDA   |   Mon, 23 Jan 2017 15:46:01

UK Supreme Court Decision: Anti-Climactic?

The UK Supreme Court will hand down its ruling tomorrow on the government's appeal of a High Court decision that recognized the right of Parliament to vote on triggering Article 50. Initially, this was seen a big deal. Parliament is not so keen on the hard Brexit (clean break), so ...
Marc to Market   |   Mon, 23 Jan 2017 15:27:33

A New Deal to Save Europe - Project Syndicate op-ed

LONDON - "I don't care about what it will cost. We took our country back!" This is the proud message heard throughout England since the Brexit referendum last June. And it is a demand that is resonating across the continent. ... Continue reading →
Yanis Varoufakis   |   Mon, 23 Jan 2017 11:59:38

Iris Dorbian wrote a new post, PE HUB First Read, on the site PE Hub

The Women's March on Washington attracted millions in protest around the world. Samsung casts blame on battery defects for causing Galaxy Note 7 phones and the replacement units to overheat. Brexit could c [...]
peHUB   |   Mon, 23 Jan 2017 11:44:09

Pound keeps momentum ahead of Supreme Court ruling

Sterling hits a fresh high for 2017 as it benefits from dollar weakness and anticipation of Brexit ruling
FT   |   Mon, 23 Jan 2017 11:13:37

UK PM Theresa May reluctant to challenge Donald Trump's 'unacceptable' sexism

Britain's Prime Minister Theresa May will this week travel to meet US President Donald Trump for talks about Nato, post-Brexit trade and fighting terrorism, but indicated she would not raise his comments about women despite branding them as unacceptable. May was repeatedly pressed about whether she would challenge the US ...
The Guardian / South China Morning Post   |   Mon, 23 Jan 2017 08:28:11

UK: Can the Supreme Court's ruling change May's Brexit-plan? - Rabobank

Carlijn Prins, Economist at Rabobank, notes that the UK Supreme Court is expected to rule this month whether Ms. May has the power to invoke Article 5
Sandeep Kanihama / FX Street   |   Mon, 23 Jan 2017 07:05:48

Global markets ambivalent on Brexit and Trump's presidency

What do international investors really make of Britain's exit from the European Union (EU), or "Brexit," and the ascendancy of Donald Trump to the US presidency? If one thing has been patently clear over the last few weeks, it is that financial markets remain deeply ambivalent about what is in ...
Nicholas Spiro / South China Morning Post   |   Mon, 23 Jan 2017 05:33:54

Theresa May to visit Trump on Friday

Prime Minister Theresa May will meet US President Donald Trump in Washington, DC on Friday, the White House has confirmed. UK-US trade deal, Brexit,
Omkar Godbole / FX Street   |   Mon, 23 Jan 2017 04:45:53

Theresa May promises 'active' industrial strategy

The prime minister is to set out a more interventionist industrial strategy for post-Brexit Britain.
BBC   |   Sun, 22 Jan 2017 22:55:05