“The automotive, aerospace, retail, real estate and airline sectors are all exposed to a “no-deal” Brexit,” Fitch Ratings said in a recently published report and added: “The risk to individual issuers varies with their size, diversification and financial strength. Among financial institutions, medium-sized and specialist lenders are more exposed than major UK banks.” Key quotes Recent comments by EU and UK negotiators suggest that a withdrawal agreement is taking shape, but a no-deal outcome remains possible. UK banks are well-positioned from a funding and liquidity perspective and may only face challenges if wholesale markets are disrupted for a lengthy period. UK retailers (particularly non-food) are already under pressure from online shopping and subdued consumer confidence. A no-deal Brexit could add to these pressures as import duties, sterling weakness and potential staff shortages push up costs. A no-deal exit from the EU could put pressure on tenants of commercial property companies, particularly in London offices. 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 GBP/USD: 1.3500 on the positive Brexit headline’s map as investors steer clear of US stock markets post rout FX Street 4 years "The automotive, aerospace, retail, real estate and airline sectors are all exposed to a "no-deal" Brexit," Fitch Ratings said in a recently published report and added: "The risk to individual issuers varies with their size, diversification and financial strength. Among financial institutions, medium-sized and specialist lenders are more exposed than major UK banks." Key quotes Recent comments by EU and UK negotiators suggest that a withdrawal agreement is taking shape, but a no-deal outcome remains possible. UK banks are well-positioned from a funding and liquidity perspective and may only face challenges if wholesale markets are disrupted for a lengthy… 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.
