Last week’s surprise Brexit development was that a private meeting between UK Prime Minister Boris Johnson and the Irish Taoiseach Leo Varadkar resulted in what was described as a “pathway to a deal” . After weeks of negative reporting, the
Recent developments and next steps: Early this month, the UK Parliament passed a motion instructing the Prime Minister (PM) Boris Johnson to request an extension of the Brexit deadline by 19 October, and rejected the PM’s request for elections before
Following the twists and turns in Westminster of the past few weeks I expect many more market participants will simply place UK equities in the “too difficult” basket. Anecdotal stories of overseas investors selling their last UK stocks could start
After the political crisis in Italy was almost resolved this week (supporters of the Five Star movement still have to agree to the new coalition), the British government could come under pressure next week. The British Parliament will return from
The leadership change in UK government has brought a change of Brexit direction. While the pound has adjusted to reflect an increased likelihood of a no-deal Brexit, volatility markets still discount a further extension of the deadline as their central
Monitor Brexit with the ‘OpinioPro Brexit Search Index’ Brexit and OpinioPro Brexit Monitor. Internet search for ‘brexit’ made an incredible peak in 2016 and returned in the limelight around the deadline in 2019. Context level: The peak of 260.000 would
Week Ahead As the week draws to a close, events in the United Kingdom have turned upside down. At the end of last week, negotiations between the Conservatives (Tories) and the Labor Party over an EU exit procedure broke apart.
Investment talks Developments and scenarios ahead: The Brexit deal’s defeat in Parliament was expected, but the size of the loss was not – the result of 432 votes against versus 202 for was quite a surprise. In light of the
Regional view – United Kingdom "…we fully expect another volatile year. However, it is also worth pondering what could actually go right."
Week Ahead The vote in the British Parliament on the divorce package with the EU, originally scheduled for December 11, will take place on Tuesday next week. The starting position is clear. Nobody expects the package to get a majority,
Regional view – United Kingdom "we have every reason to believe that UK assets will not start to meaningfully underperform again"
Where we stand and possible scenarios ahead After the EU approval of Brexit deal, we are going to pass through some tough times until the UK parliamentary vote on Brexit Withdrawal Agreement in December. UK Parliamentary ratification of the deal
Gauging Investor Sentiment on the Brexit Impact State Street commissioned PollRight* to conduct a survey of professional investors on their sentiment apropos Brexit. Respondents comprised institutional and alternative investors such as hedge funds, real estate and private equity**. In total,
On 11 December, the UK House of Commons will vote on the proposed Withdrawal Agreement for the UK’s exit from the European Union, which was recently agreed by the UK government and the European Union. In this note, we provide our views on
Regional view – United Kingdom "'Are we there yet?' is something we might hear asked more in the weeks and months (hopefully not years) ahead."
Global markets and multi-asset portfolios The Brexit “Leave” campaign assured the electorate that the benefits the UK enjoys as a manufacturing export base to the European single market, with London unchallenged in services, would persist without conceding anything in return.
Market bulletin The deal constitutes three parts: the divorce bill, a period of transition to December 2020 (or possibly beyond) in which nothing changes so firms have time to adapt, and the broadest heads of terms on the future long-term
Amid growing speculation that the UK could be heading towards a ‘no-deal’ Brexit, market watchers agree that this would be disruptive for UK markets. But the impact on European markets is likely to be more varied.
Global markets and multi-asset portfolios It’s difficult to recall a more fractious political backdrop in the run-up to the clutch of annual gatherings of UK political parties taking place this month. Each of the main parties hosts several days of
Global markets and multi-asset portfolios It’s difficult to recall a more fractious political backdrop in the run-up to the clutch of annual gatherings of UK political parties taking place this month. Each of the main parties hosts several days of
Regional view – United Kingdom "Broadly speaking this quarter's earning season hasn't been as good versus expectations as other quarters, but nor has it been particularly weak" I have spent a bit of time in recent weeks assessing the FTSE
"If markets at present truly don’t care about the UK’s savings gap, then there is no better time to start thinking about how to close it." Emerging markets have not had a pleasant summer. Although idiosyncratic factors have affected some
Highlights UK smaller companies are out of favour, but are trading at attractive valuations The fashionable bias against the UK market and a difficult trading environment have distracted from the long-term power of the UK smaller companies effect Going forward,
Regional view – United Kingdom You know the phrase. And I have to confess that trying to keep up with events in Westminster over the past seven days has been more challenging than most. Moreover, as I sit here on
Regional view – United Kingdom Soaring temperatures haven’t just been confined to the glorious summer weather – the government is also having its own heatwave. Some even argue it is turning into a meltdown, with temperatures in the cabinet rising
The integration of #ESG criteria often has a greater impact for emerging countries. Find out why in an interview with our expert #Karine_Jesiolowski (via @allnews_ch).
Fresh #StarkieBlog! https://t.co/YZrzQpIlIQ
Low interest rates drive housing market -> https://t.co/XjhuRim2P7 #Interest #mortgages via @ABNAMROeconomen
