The new Brexit deal can boost British pound appreciation and macroeconomic optimism.
Fiona Sydney

2019-11-13 11:34:00 Wed ET

The new Brexit deal can boost British pound appreciation and economic optimism. British prime minister Boris Johnson wins the parliamentary vote on his new Brexit bill, but loses the second vote on Brexit legislation by the deadline of 31 October 2019. In recent times, Johnson considers another attempt to call a general election. In response, Labour Party opposition leader Jeremy Corbyn may back a second referendum on Brexit to garner greater parliamentary support. European Union is likely to grant an extension until 31 January 2020 to leave enough time for the U.K. parliamentary vote. In the ideal scenario, Johnson would have a second chance to secure a majority in the British Parliament.

In the meantime, the potential risk of a no-deal Brexit substantially declines to allow the British pound to hold most of its recent gains as high as 8%. Brexit remains the biggest barometer of British pound exchange rate fluctuations. Even though Brexit may mean fiscal stimulus for British health care, the probable trade retrenchment and foreign capital exodus can cause economic uncertainty around British trade, capital investment, and currency stabilization. When push comes to shove, these imminent economic considerations shine fresh light on Brexit.

 


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More
AYA Analytica financial health memo (FHM) blog post and podcast content curation with wise words of wisdom
Daisy Harvey

2019-04-30 07:15:00 Tuesday ET

AYA Analytica financial health memo (FHM) blog post and podcast content curation with wise words of wisdom

Through our AYA fintech network platform, we share numerous insightful posts on personal finance, stock investment, and wealth management. Our AYA finte

+See More
AYA finbuzz podcast offers fresh insights into the latest stock market topics and economic trends for better stock investment decisions.
Amy Hamilton

2019-08-31 14:39:00 Saturday ET

AYA finbuzz podcast offers fresh insights into the latest stock market topics and economic trends for better stock investment decisions.

AYA Analytica finbuzz podcast channel on YouTube August 2019 In this podcast, we discuss several topical issues as of August 2019: (1) Warren B

+See More
Global financial markets suffer as President Trump promises *fire and fury* in response North Korean nuclear ambitions.
Daisy Harvey

2017-08-07 09:39:00 Monday ET

Global financial markets suffer as President Trump promises *fire and fury* in response North Korean nuclear ambitions.

Global financial markets suffer as President Trump promises *fire and fury* in response to the recent report that North Korea has successfully miniaturized

+See More
JPMorgan Chase CEO Jamie Dimon views wealth inequality as a major economic problem in America.
Monica McNeil

2019-12-19 14:43:00 Thursday ET

JPMorgan Chase CEO Jamie Dimon views wealth inequality as a major economic problem in America.

JPMorgan Chase CEO Jamie Dimon views wealth inequality as a major economic problem in America. Dimon now warns that the rich Americans have been getting wea

+See More
Federal Reserve publishes its inaugural flagship financial stability report.
Peter Prince

2018-12-05 09:38:00 Wednesday ET

Federal Reserve publishes its inaugural flagship financial stability report.

Federal Reserve publishes its inaugural flagship financial stability report. Fed Chair Jerome Powell applauds both low inflation (2%) and low unemployment (

+See More
Federal Reserve raises the interest rate again in mid-2018 in response to 2% inflation and wage growth.
John Fourier

2018-07-09 09:39:00 Monday ET

Federal Reserve raises the interest rate again in mid-2018 in response to 2% inflation and wage growth.

The Federal Reserve raises the interest rate again in mid-2018 in response to 2% inflation and wage growth. The current neutral interest rate hike neither b

+See More