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The Never Ending Pursuit Of Brexit Goes On
Once again, it was all about Brexit and the delayed vote ‘showdown’, which leaves the market with some bitter/sweet taste, as UK PM new Brexit bill was approved in the ‘principles’, but the idea of a soft Brexit by Oct 31st is at this point a hallucination at best as the vote over timetable to enact the necessary legislation was rejected. It means that the promise to leave the EU by Oct 31st is not realistic, and as a result, the Sterling was sold from its hefty levels, even if there is a glimpse of hope that a short-term 10 day extension may be granted as opposed to an extended new deadline for Jan 2020, in ... (full story)
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