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Deutsche Bank: UK’s voting on Withdrawal Agreement in the limelight

According to Deutsche Bank analysts, the main event for markets today will be the UK’s vote on Withdrawal Agreement & its new accompanying unilateral declaration by the UK.

Key Quotes

“It will likely be voted on shortly after 7pm London time. May’s coalition has a 16-vote majority, so she can afford to lose up to 15 before her deal fails.”

“She lost 128 votes, split between her own Conservative Party and the DUP, in the last vote on her deal. So a tall order, and I’d imagine that she may still lose but if so can she reduce the loss to a manageable total her deal still may have some legs.”

 

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