Sterling Surging on Deal Reports

Bloomberg is reporting that there is a deal on the table in Brussels. Investment banks Goldman Sachs and JP Morgan, both big donors to the campaign to remain, are telling clients we are leaving the EU on October 31 with a deal. JP Morgan recommends closing no-deal hedges. Wall Street and the City reckon Brexit is getting done…

Even gloomy Barnier says it is possible. Sterling is surging against the dollar, it is up 5% against the € this week. Sterling shorts are getting crushed…

mdi-tag-outline Brexit
mdi-timer October 15 2019 @ 16:17 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
Home Page Next Story

Comments are closed