UK: All eyes on the cabinet meet today - TDS
|Analysts at TD Securities suggest that today all eyes will be focused on the UK cabinet today as they ponder the proposed final Brexit agreement.
Key Quotes
“Cabinet meets at 9am ET today, with the meeting expected to last 3+ hours. Approval of the deal should come afterward from both the UK and EU sides, with publication of the 400+ page text possible today or tomorrow.”
“Importantly, this simply formally moves negotiations along to the next stage, with a vote in UK parliament likely in early-December. It's at this voting stage where we see the the biggest risks to a Brexit deal being approved, and MPs are likely to position themselves in the coming weeks for/against the deal, injecting a high degree of uncertainty into the process.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.