Analysts at Danske Bank anticipate the United Kingdom’s (UK) opposition Labour Party to turn down the Prime Minister Boris Johnson’s efforts to ignore the Brexit delay bill. The reports relies on facts from the Sky News and the UK Telegraph while saying that the opposition cannot support a snap election until it knows for sure that the Brexit deadline is extended and PM Johnson may advise the Queen to not give royal assent ahead of the prorogation this week respectively. Additionally, mentions of France likely using the veto to cancel another Brexit extension and the high preparation of a no-deal Brexit by the Tory leader, as confirmed by ex-Tory member Amber Rudd, could also be found. Key quotes “PM Johnson is meeting with Irish PM Leo Varadkar in Dublin to discuss, among other things, a Northern Ireland-only backstop (but should it cover some or all goods?).” “According to Paul Brand from ITV, Parliament may be prorogued (‘suspended’) as early as tonight until 14 October and if so, PM Johnson has to wait until then to get his election. Another possible way could be to bring down his own government by a no confidence vote, which only requires a simple majority (this would be extraordinary but okay, we are in extraordinary times) but then we will likely see a caretaker government taking care of the Brexit extension.” “In our view, whether Parliament supports an election today or not until it returns in mid-October is not important at this point, as a snap election seems unavoidable with election day after 31 October and Brexit will as a result eventually be delayed beyond 31 October into next year. Hence, the most important thing is the result and not the timing of it.” 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 IOTA revolutionizes transport in Germany: Trive.Park app integrates Tangle FX Street 4 years Analysts at Danske Bank anticipate the United Kingdom's (UK) opposition Labour Party to turn down the Prime Minister Boris Johnson's efforts to ignore the Brexit delay bill. The reports relies on facts from the Sky News and the UK Telegraph while saying that the opposition cannot support a snap election until it knows for sure that the Brexit deadline is extended and PM Johnson may advise the Queen to not give royal assent ahead of the prorogation this week respectively. Additionally, mentions of France likely using the veto to cancel another Brexit extension and the high preparation of a no-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.