Neil Shearing, Group Chief Economist at Capital Economics, suggests that it seems unlikely that the deal that was signed off by European leaders this weekend will be approved by the UK’s parliament. Key Quotes “A vote seems likely at some point in the week beginning December 10th. If the government loses, it would probably set the stage for several weeks of further negotiation, with officials and ministers scurrying between London and Brussels trying to revive the deal.” “A key point that is often overlooked is that there are many different forms of “no deal”. At one end of the spectrum, is an “orderly” or “managed” no deal, in which the UK leaves the EU without a Withdrawal Agreement, but does have several side agreements in place that keep traffic flowing at ports and airports and limit the risks of financial market dislocation. At the other end of the spectrum, is a “disorderly” no deal in which no such agreements are struck.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Italy’s Salvini: Not fixated on 0.1% extra or lower on deficit target FX Street 4 years Neil Shearing, Group Chief Economist at Capital Economics, suggests that it seems unlikely that the deal that was signed off by European leaders this weekend will be approved by the UK's parliament. Key Quotes "A vote seems likely at some point in the week beginning December 10th. If the government loses, it would probably set the stage for several weeks of further negotiation, with officials and ministers scurrying between London and Brussels trying to revive the deal." "A key point that is often overlooked is that there are many different forms of "no deal". At one end of the spectrum,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
