Brexit in the week from 18/5 – 24/5/2020
No official negotiations on the Brexit trade agreement took place last week. The next round of talks is scheduled for the first week in June. The attention was thus focused on economic data, which showed a strong increase in the number of unemployed and a record decline in . . .
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Brexit in the week from 11/5 – 17/5/2020
Last week, another round of talks on the EU-UK trade agreement took place, where no significant progress was made again. With only one and a half months remaining to a deadline for a possible extension of the transition period, which the UK government still continues to . . .
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Brexit in the week from 4/5 – 10/5/2020
Another round of talks between the UK and the EU on a trade agreement should take place this week. We know from previous negotiations that there are significant discrepancies in fundamental issues that threaten the deadline for concluding a trade agreement by December 31 . . .
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Brexit in the week from 27/4 – 3/5/2020
There were no official negotiations on a trade agreement last week. As there are still differences between Britain and the EU on key issues, the risk that Brexit will occur without an agreement as of January 1, 2021, continues to grow. Economic data confirms the negative . . .
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Brexit in the week from 20/4 – 26/4/2020
Another round of Brexit talks took place last week, but no significant progress has been made. At the same time, economic data on PMI has fallen to new historic levels, confirming that coronavirus is decimating the British economy. The positions of large speculators are . . .
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Brexit in the week from 13/4 – 19/4/2020
Negotiators for Brexit have recovered from the coronavirus infection and last week they agreed on further steps regarding the trade agreement negotiations. Meanwhile, Britain still claims that it will not extend the transitional period. However, the UK has not delivered key . . .
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Brexit in the week from 6/4 – 13/4/2020
Prime Minister Boris Johnson has been released from a hospital and is continuing home treatment. Negotiations on Brexit trade agreement are still stopped. The British government has left only 11 weeks to negotiate with the EU the basic rules of a trade agreement or to . . .
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Brexit in a week from 16/3 – 22/3/2020
The Pound sterling broke a significant level of support last week and the GBPUSD fell below 1.1500. Negotiations on the Brexit Trade Agreement are now postponed due to the coronavirus pandemic. The risk of Brexit without a trade agreement as of December 31, 2020 is thus . . .
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Brexit in the week from 23/3 – 29/3/2020
Johnson caught the coronavirus. Fitch downgraded Britain's rating. PMI data in Britain fell to historically low levels in March. Negotiations on the Brexit Trade Agreement have been postponed due to the coronavirus pandemic. The risk of Brexit without a trade agreement . . .
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Brexit in the week from 30/3 – 5/4/2020
What is currently moving the markets is not Brexit, but the coronavirus. The Brexit negotiators are quarantined, so the Brexit negotiations are stopped. By the end of June, the parameters of the trade agreement must be clear, but this is not in sight yet. The risk of Brexit . . .
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