New Capital- Potential Brexit Delay Lifts European Markets

2020-04-17 07:13
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It was a tumultuous week for Theresa May and Brexit arrangements although the UK’s path to leaving the EU is still uncertain. While not as historically large a defeat as the first vote, May’s Brexit deal was still overwhelmingly voted down. Volatility was reflected in the pound which had sharply sunk to $1.3003 on Tuesday ahead of the vote, but saw a 2.4% rally to $1.3383 after a no-deal departure was ruled out by parliament.

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