The Prime Minister May's unwillingness to push through the customs union is likely to result in the breakdown of cross-party talks. This is negative news for the pound.
This audio analysis is not a recommendation within the meaning of Regulation of the Minister of Finance of 19 October 2005. It has been prepared for information purposes only and should not serve as a basis for making any investment decisions. Neither the author nor the publisher can be held liable for investment decisions made on the basis of information contained in this commentary. Copying or duplicating this report without the written permission from Cinkciarz.pl Sp. z o.o is prohibited.
The Prime Minister May's unwillingness to push through the customs union is likely to result in the breakdown of cross-party talks. This is negative news for the pound.
Marcin Lipka, Cinkciarz senior analyst
See also:
Weekly summary (Afternoon audio analysis 5.04.2019)
Hard Brexit almost excluded (Afternoon audio analysis 4.04.2019)
MPC Wednesday meeting (Afternoon audio analysis 2.04.2019)
Turkey's problems (Afternoon audio analysis 1.04.2019)
Attractive exchange rates of 27 currencies
Live rates.
Update: 30s