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British Pound Slips as Brexit Clarity Hangs in the Balance

19 March 2019 Maria Gregoriou


As Theresa May seeks to delay Brexit after parliament rejected the withdrawal deal she brought back from Brussels on two occasions and a third vote has been ruled out, the Pound is considered to be cheap, according to Merian Global Investors Ltd.

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Market focus

  • U.S., Japan may need more tools to shore up banking system - Fed's Rosengren
  • UK must be clear what a no-deal Brexit would mean - Bank of England Governor Carney
  • German output growth remains moderate in June - IHS Markit
  • Eurozone composite PMI hits seven-month in June - IHS Markit

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