UK Market Narrative Wed 16 Jan 2019: Muted Meaningful Reaction
Notwithstanding the definitive nature of the outcome of the UK parliamentary decision on the daft Brexit plans, UK markets were relatively sanguine today given the magnitude of May’s government’s defeat. GBP dipped briefly to below $1.27 yesterday evening but then rallied back above $1.28 today. The conclusion being that market participants now see a delay in any action and a … Read More