Brexit News Archive: 14 Mar 2017

Pound stumbles before US Fed meeting

(ChinaPost.com.tw) - The British pound slumped to an eight-week low point Tuesday on Brexit concerns, while markets were cautious overall ahead of a much-anticipated Federal Reserve policy meeting.
The China Post   |   Tue, 14 Mar 2017 16:07:00

UK Parliament Gives Final Approval to Trigger Brexit

The Guardian. UK.
The Guardian. UK. / World Affairs   |   Tue, 14 Mar 2017 15:20:33

Scottish Referendum won't help Brexit negotiations: Baroness Verma

"This referendum that the SNP are now wanting - or are expecting to have - doesn't help the negotiations," Baroness Verma said.
NetNet   |   Tue, 14 Mar 2017 14:40:00

FX Daily, March 14: Brexit Takes Fresh Toll on Sterling, While Dollar Firms more Broadly

UK Prime Minister May got the parliamentary approval the courts ruled was necessary to formally trigger Article 50. It is not clear what UK she will lead out the EU. Scotland is beginning the legal proceedings to hold another referendum on independence. There is some talk that Northern Ireland, which ...
SNB CHF Blog   |   Tue, 14 Mar 2017 14:15:56

GBP Tumbles as May Prepares Article 50

The pound tumbled against all of its Group-of-10 peers as London traders sold the currency after U.K. Prime Minister Theresa May was given the go-ahead to trigger Brexit. Sterling had a delayed reaction to the news, which came out late Monday in London and gives May the chance to formally ...
OANDA   |   Tue, 14 Mar 2017 13:10:39

Theresa May has set out the steps for triggering Article 50

LONDON - Prime Minister Theresa May has set out the steps for triggering Article 50 and initiating Britain's exit from the European Union. May told MPs on Tuesday that the Brexit bill will be signed by the Crown Office in the next few days and then announced to both houses ...
Business Insider   |   Tue, 14 Mar 2017 12:50:47

UK nearing 'defining' Brexit moment - PM

Brexit timetable on track after bill passes, clearing way for "defining moment" of Article 50 - PM tells Commons
BBC   |   Tue, 14 Mar 2017 12:47:16

UK committed to engaging Scottish government in the Brexit process - UK PM Spokesman

The UK PM spokesman was on wires, via Reuters, saying that UK was committed to engaging Scottish government in the Brexit process. He further added t
Haresh Menghani / FX Street   |   Tue, 14 Mar 2017 12:40:19

UKIP's millionaire bankroller Arron Banks says he's been expelled from the party

LONDON - UKIP donor Arron Banks says he has been expelled from the party after criticising its leader Paul Nuttall. Banks, a millionaire insurance tycoon, said on Tuesday morning that his UKIP membership had been suspended "apparently for saying current leadership [Nuttall] couldn't knock the skin off a rice pudding." ...
Business Insider   |   Tue, 14 Mar 2017 11:44:35

Scotland's Sturgeon throws Theresa May's Brexit plans into disarray with demand for independence vote

Scotland's plans for a second independence referendum have wrong-footed Prime Minister Theresa May, who could now be forced into giving the go-ahead for the vote – but only after Brexit. Scottish First Minister Nicola Sturgeon's bombshell announcement on Monday came at the start of a week in which May had ...
Agence France-Presse / South China Morning Post   |   Tue, 14 Mar 2017 11:27:43

Pound falls to eight-week low on Brexit concerns

Departure from EU is still not priced in to currency, analysts warn
FT   |   Tue, 14 Mar 2017 10:55:20

Brexit Takes Fresh Toll On Sterling, While Dollar Firms More Broadly

Seeking Alpha   |   Tue, 14 Mar 2017 10:33:08

Brexit Takes Fresh Toll on Sterling, While Dollar Firms more Broadly

UK Prime Minister May got the parliamentary approval the courts ruled was necessary to formally trigger Article 50. It is not clear what UK she will lead out the EU. Scotland is beginning the legal proceedings to hold another referendum on independence. There is some talk that Northern Ireland, which ...
Marc to Market   |   Tue, 14 Mar 2017 10:15:56

A Lord compared Brexit-voting MPs to Hitler, Stalin and Mussolini

LONDON - A Liberal Democrat peer compared MPs who voted in favour of Brexit bill despite backing Remain as Adolf Hitler, Benito Mussolini and Joseph Stalin in an extraordinary House of Lords speech. Addressing the Lords on Monday night, Lord Dick Taverne said parliament was "taking a dangerous step" towards ...
Business Insider   |   Tue, 14 Mar 2017 09:25:52

Pound sinks to eight-week low as Brexit looms and investors turn nervous over Scottish referendum

Telegraph   |   Tue, 14 Mar 2017 08:38:02

Second Scottish Independence Referendum Looms as Formal Brexit Negotiations Are Finally Set to Begin

Monday, just after the U.K. parliament voted on whether to trigger trigger article 50 of the British constitution in order to begin the formal process of Brexit , the Scottish government threw a spanner in the works. Nicola Sturgeon, the First Minister of Scotland and leader of the Scottish National ...
truthdig   |   Tue, 14 Mar 2017 08:30:53

Brexit: UK's exit from EU clears final hurdle

Britain could begin the formal process of leaving the European Union as early as Tuesday if legislation approving the move passes its final hurdles on Monday.
CNN   |   Tue, 14 Mar 2017 08:21:31

Queen to give Brexit approval clearing the way for Theresa May to invoke Article 50 before March 27

Laura Hughes / Telegraph   |   Tue, 14 Mar 2017 08:10:06

LibDem Peer: Brexit Like Hitler, Mussolini and Stalin

Here's Lord Taverne explaining that honouring the referendum result is basically Hitler. And that he's a democrat. - Mark Wallace (@wallaceme) March 13, 2017 LibDem peer Lord Taverne with the maddest contribution to the Brexit bill debate last night: "It is a very dangerous step towards the doctrine that the ...
Guy Fawkes' blog   |   Tue, 14 Mar 2017 08:06:56

Pound hits eight-week low as Brexit fears rattle the City - business live

All the day's economic and financial news, as sterling slides after parliament gives Theresa May the green light to trigger article 50 Latest: Pound slides to two-month low The agenda: UK inflation basket changes; Fed meeting begins 7.53am GMT The prospect of Britain triggering its exit from the European Union ...
Graeme Wearden / Guardian   |   Tue, 14 Mar 2017 07:53:52

10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Tuesday. 1. Theresa May has been given the power to trigger Article 50 - the two-year formal process by which Britain will leave the EU - after both houses of parliament voted to pass the Brexit bill unamended on ...
Business Insider   |   Tue, 14 Mar 2017 07:01:01

UK prime minister set to trigger Brexit final week of March, Xi gets the Mar-a-Lago treatment, and ghosts in Brazil's presidential palace

During his campaign, Donald Trump criticised China repeatedly - now he needs its help
FT   |   Tue, 14 Mar 2017 06:44:43

Brexit explained: What's next on the UK's road out of the EU

LONDON (AP) - Britain's Parliament has told Prime Minister Theresa May she can file for divorce from the European Union. She will send the formal letter by the end of March. Then comes the hard part - the arguments, the lawyers, the squabbles over money.
Associated Press   |   Tue, 14 Mar 2017 06:39:00

GBP/USD slumps to lows near 1.2170, despite Brexit clarity

The GBP/USD pair entered a bearish consolidation phase post-Tokyo-open and now breaks sharply lower below 1.22 handle, as the bears shrug-off reports
Dhwani Mehta / FX Street   |   Tue, 14 Mar 2017 06:12:21

Scotland takes a step toward new independence vote

Scotland's announcement Monday that it will begin preparations for a new independence bid raised the specter of one of Brexit's most feared consequences - the break-up of the United Kingdom. First Minister Nicola Sturgeon said she will seek the semi-autonomous Scottish parliament's authority next week to ask the U.K. government ...
Japan Times   |   Tue, 14 Mar 2017 05:01:10

Will GBP/USD cheer Brexit clarity?

The UK Parliament has passed the Brexit bill, paving the way for the government to trigger Article 50 and begin talks with EU. The bill could receive
Omkar Godbole / FX Street   |   Tue, 14 Mar 2017 03:10:28

UK-EU Brexit negotiations: '80% chance of no deal'

Nizam Idris, MD at Macquarie, believes the U.K. will eventually drop out of the E.U. after two years of failed negotiations, without any trade deals.
CNBC   |   Tue, 14 Mar 2017 02:57:00

Sterling Slips as Brexit Talks Get Green Light, Stocks Advance Before Fed

Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead of an expected U.S. interest rate later in the week.
REUTERS / NY Times   |   Tue, 14 Mar 2017 02:39:28

GLOBAL MARKETS-Sterling slips as Brexit talks get green light, stocks advance before Fed

*Asia ex- Japan advance; Nikkei falls 0.1 percent. SINGAPORE, March 14- Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead of an expected U.S. interest rate later in the week. The MSCI's ...
CNBC   |   Tue, 14 Mar 2017 02:36:00

Sterling slips as Brexit talks get green light, stocks subdued

The MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early trade, while Japan's Nikkei dropped 0.1 per cent
Nichola Saminather / Globe and Mail   |   Tue, 14 Mar 2017 01:03:00

Sterling Slips as Brexit Talks Get Green Light, Stocks Subdued Before Fed

Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks were subdued ahead of an expected U.S. interest rate later in the week.
REUTERS / NY Times   |   Tue, 14 Mar 2017 00:48:30

GLOBAL MARKETS-Sterling slips as Brexit talks get green light, stocks subdued before Fed

*Asia ex- Japan flat; Nikkei falls 0.1 percent. SINGAPORE, March 14- Sterling slipped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks were subdued ahead of an expected U.S. interest rate later in the week. The ...
CNBC   |   Tue, 14 Mar 2017 00:43:00

UK Prime Minister May's hand moves closer to Brexit trigger

"We are now on the threshold of the most important negotiation for our country in a generation," Brexit minister David Davis said in a statement.
CNBC   |   Mon, 13 Mar 2017 22:51:00

Theresa May rules out Nicola Sturgeon's plans for a new Scottish independence referendum before Brexit, as Lords pass landmark Brexit bill following MP's vote

Kate McCann / Telegraph   |   Mon, 13 Mar 2017 22:46:36

U.K. Parliament Clears Way to Brexit

British lawmakers Monday removed the final hurdle to Prime Minister Theresa May's plan to start talks on the U.K. leaving the European Union, a milestone moment that sets the stage for unwinding 40 years of close and complex cross-Channel ties.
WSJ   |   Mon, 13 Mar 2017 22:41:12

Theresa May clears final hurdle to trigger Brexit

British Prime Minister Theresa May cleared the final hurdle standing between her and the start of Brexit negotiations tonight after parliament passed legislation giving her the power to start the EU exit process. Members of the lower house of parliament voted to throw out changes to the bill made by ...
Times of Malta   |   Mon, 13 Mar 2017 22:39:00

U.K. Parliament Gives Theresa May Approval To Start Brexit

Moments ago, UK Parliament passed legislation allowing the government to invoke Article 50, with the House of Commons overturning amendments from the unelected House of Lords that sought to restrict May's room for maneuver. While press reports earlier said May could trigger Article 50 as early as Thursday, subsequent reports ...
Zero Hedge   |   Mon, 13 Mar 2017 22:29:02

UK parliament officially gives permission to begin Brexit

In recent trade, it has been announced that the UK parliament has given permission to UK PM May permission to begin Brexit. Article 50 should be trig
Ross J Burland / FX Street   |   Mon, 13 Mar 2017 22:27:52

U.K. Parliament passes Brexit authorization bill

Britain has moved closer to leaving the European Union, with Parliament giving Prime Minister Theresa May the power to file for divorce from the bloc. A bill authorizing May to start EU exit talks has passed its final vote in Parliament's upper chamber, the House of Lords. The House of ...
Money & Company   |   Mon, 13 Mar 2017 22:20:00

May clear to trigger Brexit after Lords give way

Peers back off on Article 50 amendments after MPs vote them down
FT   |   Mon, 13 Mar 2017 22:19:00

Brexit Bill Passes

The Brexit bill passes through the Lords, its final hurdle in parliament before gaining royal assent. Unamended... The post Brexit Bill Passes appeared first on Guido Fawkes .
Guy Fawkes' blog   |   Mon, 13 Mar 2017 22:13:10

Theresa May to be given the power to trigger Article 50 after the Brexit bill passes

LONDON - Theresa May is to be given the power to trigger Article 50 - the two-year formal process by which Britain will leave the EU - after both houses of parliament vote to pass the Brexit bill unamended. MPs overturned two amendments to the Brexit bill that would have ...
Business Insider   |   Mon, 13 Mar 2017 20:27:51

Brexit Might Pave the Way for an Independent Scotland

By: Ryan McMaken The BBC reports today that Scotland's first minister Nicola Sturgeon has announced she'll seek a new referendum on Scottish independence to be held in late 2018 or early 2019:That would coincide with the expected conclusion of the UK's Brexit negotiations. The Scottish first minister said the move ...
Mises Institute   |   Mon, 13 Mar 2017 20:00:00

Dutch election: PM warns against populism in TV debate with Wilders

Mark Rutte says he fears a Brexit and Trump "domino effect", in his election debate with Geert Wilders.
BBC   |   Mon, 13 Mar 2017 19:34:44

GBP Rises As Sturgeon Calls For Second Referendum

Senior Market Analyst Craig Erlam talks this week's key market events as well as Nicola Sturgeons decision to call for a Scottish referendum prior to a Brexit deal being completed. He also gives his analysis on GBPUSD, EURGBP, EURUSD, AUDUSD, USDCAD, NZDUSD, GBPJPY, EURJPY, USDJPY, Dow, Gold, WTI crude and ...
OANDA   |   Mon, 13 Mar 2017 19:18:52

Theresa May faces new Brexit front in Scotland

PM preparing for two years of EU talks now faces fight to stop UK break-up
FT   |   Mon, 13 Mar 2017 18:33:48

Brexit & Beyond: Scotland Seeks New Independence Vote, May's Brittle Position, Dutch Election Questions

Brexit & Beyond: Europe in Flux is The Wall Street Journal's round-up of news and analysis of how Brexit will affect global business, economies and finance. You can sign up here. MUST READS Scotland's First Minister Nicola Sturgeon on Monday said she plans to seek approval to hold a second ...
MoneyBeat   |   Mon, 13 Mar 2017 18:21:04

Scotland seeks new independence vote

CNN   |   Mon, 13 Mar 2017 17:42:02

Scotland heads towards a second independence referendum

The seemingly inevitable prospect of a second referendum on independence was finally confirmed in a speech by Nicola Sturgeon, First Minister of Scotland. The Scottish government will begin preparing for a referendum sometime in late 2018 or early 2019, as Brexit negotiations unfold. A second referendum became likely the moment ...
Craig McAngus, Lecturer in Politics, University of Aberdeen / The Conversation   |   Mon, 13 Mar 2017 17:11:26

Theresa May has ditched her Brexit plan to trigger Article 50 this week

LONDON - It looks like Theresa May will not trigger Article 50 and initiate Britain's formal departure from the European Union until the final few days of March. The prime minister had been expected to trigger Article 50 - the two year process by which Britain will leave the EU ...
Business Insider   |   Mon, 13 Mar 2017 16:54:16

UK projects 'at risk' if PM demands £9bn refund from EU after Brexit

Midlands Engine among schemes in peril if May seeks return of assets in European Investment Bank as reported, says source Theresa May's reported plans to demand back £9bn of UK assets held by the European Investment Bank would put in jeopardy funding for key British infrastructure projects, including the government's ...
Daniel Boffey in Brussels and Lisa O'Carroll in London / Guardian   |   Mon, 13 Mar 2017 16:38:16

Brexit: Article 50 will not be triggered this week - The Independent

According to the breaking news on The ndependent, a spokesman for Theresa May said the Article 50 process would now not be initiated until next week
Eren ŞENGEZER / FX Street   |   Mon, 13 Mar 2017 16:23:14

Sturgeon: Scotland Demands New Independence Vote Before Brexit

Hurriyet Daily News. Turkey.
Hurriyet Daily News. Turkey. / World Affairs   |   Mon, 13 Mar 2017 15:23:59

GBP/USD - Pound Pushes Higher on Brexit Speculation

GBP/USD has started the week with gains. In Monday's North American session, the pair is trading at 1.2230. There are no economic events in the US or the UK. On Tuesday, the sole release is US PPI, with the markets expecting a weak gain of 0.1%. There is increasing speculation ...
OANDA   |   Mon, 13 Mar 2017 15:20:13

How Will UK Market Respond After May Triggers Article 50?

The trigger of Article 50 is the event traders have been waiting for since the U.K. voted to leave the European Union. Yet as Prime Minister Theresa May approaches her end-March deadline for launching Brexit, there is no consensus on what it means for markets. The pound has slumped 18 ...
OANDA   |   Mon, 13 Mar 2017 15:16:19

Scotland demands new independence vote before Brexit: Sturgeon

Scottish First Minister Nicola Sturgeon on March 13 demanded a new independence referendum to be held in late 2018 or early 2019, once the terms of Britain's exit from the European Union have become clearer
Hurriyet   |   Mon, 13 Mar 2017 14:50:10

This is why an independent Scotland post-Brexit will lead to economic devastation

The worst decision Scotland can make right now is to become independent post-Brexit when you purely look at the economic argument. Britain may have voted for Brexit on June 2016 and the Scots may be upset about it - but that does not change how the Scottish economy operates or ...
Business Insider   |   Mon, 13 Mar 2017 14:01:32

UK's parliament poised for final vote on Brexit bill

Legislation expected to pass unamended through House of Commons
FT   |   Mon, 13 Mar 2017 13:37:45

Sturgeon Lays Out Plans For Second Referendum

Scottish First Minister Nicola Sturgeon said she'll start the legal process of preparing for a second independence referendum, threatening to open a new front in the Brexit battle as the U.K. government prepares to trigger negotiations. Scotland, which voted to remain in the European Union, "stands at a hugely important ...
OANDA   |   Mon, 13 Mar 2017 13:30:02

Scotland demands new independence vote before Brexit

Scottish First Minister Nicola Sturgeon on Monday demanded a new independence referendum to be held in late 2018 or early 2019, once the terms of Britain's exit from the European Union have become clearer. A vote that could rip apart the United Kingdom just months before Brexit adds a tumultuous ...
Japan Times   |   Mon, 13 Mar 2017 13:30:01

Nicola Sturgeon's historic second independence referendum speech in full

LONDON - The Scottish First Minister Nicola Sturgeon announced on Monday morning that she intends to call a second independence referendum in Scotland. Speaking at a press conference in Edinburgh, the SNP leader said that Theresa May's refusal to compromise on the Scottish government's requests relating to Brexit has left ...
Business Insider   |   Mon, 13 Mar 2017 13:03:35

GBP Volatile as Sturgeon Calls Scexit Referendum

In what was already going to be an eventful week for the UK, Nicola Sturgeon has thrown another, albeit expected, spanner in the works calling for another Scottish independence referendum leaving PM Theresa May with not only Brexit but also Scexit to contend with. The announcement hasn't come as a ...
OANDA   |   Mon, 13 Mar 2017 12:21:10

Fed, UK Brexit Bill and Oil in Focus on Monday

It's been a relatively calm start to a week that is likely to be anything but, with European markets broadly mixed and US futures pointing to a flat open. Traders appear to be in wait and see mode at the start of the week, with attention firmly on the central ...
OANDA   |   Mon, 13 Mar 2017 12:07:01

Scottish First Minister Nicola Sturgeon seeks second independence referendum in light of Brexit

Scotland will begin the process next week for making a request to the British government to hold a new independence referendum between late 2018 and early 2019, Scottish First Minister Nicola Sturgeon said on Monday. Her announcement came as British Prime Minister Theresa May was set this week to trigger ...
Agence France-Presse / South China Morning Post   |   Mon, 13 Mar 2017 12:03:39

Scotland's leader calls for fresh independence referendum due to Brexit

The Scottish government has announced that she will start proceedings for a second Scottish referendum on independence.
CNBC   |   Mon, 13 Mar 2017 11:59:00

Everything you need to know about a second Scottish independence referendum in 5 minutes

Nicola Sturgeon announces likely second referendum in 2018/19 Scottish government requires permission from Theresa May. May refuses to say whether she would veto one. Polls suggest 50/50 support for independence. SNP believes Brexit could be a game-changer. LONDON - Nicola Sturgeon today announced her plans to call a second independence ...
Business Insider   |   Mon, 13 Mar 2017 11:57:00

UK PM Spokesman: Govt. wants Brexit bill to pass un-amended - RTRS

Ahead of the Brexit bill amendments debate in the Parliament, the UK PM spokesman is out on wires, via Reuters, noting that UK government wants the Br
Haresh Menghani / FX Street   |   Mon, 13 Mar 2017 11:35:23

Brexit: Prime Minister Theresa May set to trigger Article 50

Britain could begin the formal process of leaving the European Union as early as Tuesday if legislation approving the move passes its final hurdles on Monday.
CNN   |   Mon, 13 Mar 2017 11:17:11

LIVE: Nicola Sturgeon might be about to announce a second Scottish independence referendum

LONDON - Scottish First Minister Nicola Sturgeon is set to make an "important speech" this morning amid rumours that she intends to call a second referendum on Scottish independence. The SNP leader tweeted this morning that will make a speech in Brute House, Edinburgh at 11:30 a.m (GMT) "ahead of ...
Business Insider   |   Mon, 13 Mar 2017 10:34:53

Over half of Scots do not back a second independence referendum before Brexit, poll reveals

Kate McCann / Telegraph   |   Mon, 13 Mar 2017 10:05:08

What will happen to pound when Article 50 occurs?

A lot of Brexit uncertainty is priced into the currency, argue traders and analysts
FT   |   Mon, 13 Mar 2017 09:46:40

Nicola Sturgeon to make 'important' Brexit speech

Scotland's first minister is expected to issue a "final warning" to the UK government over Brexit.
BBC   |   Mon, 13 Mar 2017 08:50:47

'Little England' could be the big loser of Brexit

If Scotland and N Ireland decide to leave the UK after Brexit, the term 'Little England' will really come into its own.
Al Jazeera   |   Mon, 13 Mar 2017 08:37:29

Britain's Brexit battle about to enter new phase

The legislation that formally kicks off the Brexit process could be triggered by Tuesday.
USA Today   |   Mon, 13 Mar 2017 08:20:31

Theresa May is poised to trigger Article 50 as early as Tuesday after Brexit bill passes

Both Houses of Parliament are set to pass the Brexit bill unamended on Monday. Government whips believe backbench rebellion has been quashed. Scottish first minister poised to launch second independence referendum. LONDON - Britain is poised to begin its departure from the European Union as early as Tuesday after both ...
Business Insider   |   Mon, 13 Mar 2017 08:04:57

Nicola Sturgeon could derail Brexit with Scottish referendum demand as MPs prepare to vote on Article 50 bill

Kate McCann / Telegraph   |   Mon, 13 Mar 2017 08:03:26

What next for sterling as UK poised for Article 50

A lot of Brexit uncertainty is priced into the currency argue traders and analysts
FT   |   Mon, 13 Mar 2017 04:05:27

Record Cheesegrater price expected to spur City sales

Deal with Chinese runs against Brexit uncertainty and points to top of the market
FT   |   Mon, 13 Mar 2017 04:01:33

GBP/USD regains bids amid weaker USD, Brexit weighs

The GBP/USD pair is attempting a minor-break higher from the downside consolidative mode seen since Asia open this Monday, and now challenges highs ne
Dhwani Mehta / FX Street   |   Mon, 13 Mar 2017 03:18:10

Everything You Need To Know About The 'Brexit'

NYSE:GLD NYSE:SLV NYSE:USO NYSE:SPY NASDAQ:QQQ The Decision: Depart From The EU how investors, traders and strategists were thinking about the vote in recent weeks. Shutterstock What's The 'Brexit' Anyway? Britain is holding a referendum on June 23 to decide whether it should stay or leave the European Union.A referendum is ...
Adam Sarhan, Contributor / Forbes   |   Mon, 13 Mar 2017 01:13:00

Brexit News Archive: 14 Mar 2017     |     enquire