Market Comment | Markets remained awaiting the outcome of the Brexit vote
Published on Tuesday, March 12, 2019 | Updated on Wednesday, March 13, 2019
Market Comment | Markets remained awaiting the outcome of the Brexit vote
Summary
Caution in markets with all eyes on the outcome of the UK Parliament’s vote on May’s Brexit deal later today. Yesterday, May agreed on a revised Brexit plan with the EU in a move to try and win the support from the Parliament, leading the GBP to appreciate. However, the GBP depreciated today after reports showed the assessment from the UK’s top lawyer over the “backstop”.
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Authors
Maria Victoria Ramírez
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