Citibank analysts point out that the UK PM May for the first time, publicly accepts a delay to Brexit beyond March 29 is possible and effectively raises market’s expectations of either a soft Brexit or a delay to Brexit. Key Quotes “Cable hits multi-month highs towards 1.3300 amid Brexit proceedings.” “Key developments: (1) PM May reports on “focused discussions” with EU & “good progress” with agreement on a joint UK/EU “work-stream” on alternative arrangements to N.Ireland. Makes 3 other commitments – (2) A 2nd meaningful vote on EU Withdrawal Deal by 12 March (3) If the vote fails, on 13 March the UK government will table a motion to vote on ‘no deal’. (4) If both previous votes fail, on 14 March the UK government will motion on “short limited extension” to the end of June.” 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 Citibank: Stronger US consumer confidence overshadowed by weak housing FX Street 4 years Citibank analysts point out that the UK PM May for the first time, publicly accepts a delay to Brexit beyond March 29 is possible and effectively raises market's expectations of either a soft Brexit or a delay to Brexit. Key Quotes "Cable hits multi-month highs towards 1.3300 amid Brexit proceedings." "Key developments: (1) PM May reports on "focused discussions" with EU & "good progress" with agreement on a joint UK/EU "work-stream" on alternative arrangements to N.Ireland. Makes 3 other commitments - (2) A 2nd meaningful vote on EU Withdrawal Deal by 12 March (3) If the vote fails, on 13… 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.
