Bill Diviney, senior economist at ABN AMRO, suggests that cutting through the noise of the many recent developments in the UK, by far the most important for the economic outlook has been the significant fall in the chance of a no-deal, disorderly Brexit. Key Quotes “This occurred because of two things: first, the so-called ‘Benn’ Act which forced the government to request a delay to Brexit at the end of October. Second, PM Johnson managed to secure a deal that his hard Brexit cabinet could support. This has narrowed the likely outcomes of the looming election to Johnson’s new deal on one side, and a soft Brexit or Remain outcome on the other side.” “While risks remain, the tail risk of a disorderly Brexit is significantly lower. In this note, we will explore the likelihood of each of these outcomes, and the implications for the UK economic outlook.” 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 USD/JPY surrenders early gains to 2-week tops, slides back below 109.00 handle FX Street 3 years Bill Diviney, senior economist at ABN AMRO, suggests that cutting through the noise of the many recent developments in the UK, by far the most important for the economic outlook has been the significant fall in the chance of a no-deal, disorderly Brexit. Key Quotes "This occurred because of two things: first, the so-called 'Benn' Act which forced the government to request a delay to Brexit at the end of October. Second, PM Johnson managed to secure a deal that his hard Brexit cabinet could support. This has narrowed the likely outcomes of the looming election to Johnson's new deal… 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.
