Deutsche Bank: UK’s voting on Withdrawal Agreement in the limelight

Sandeep Kanihama FXStreet Contributor

According to Deutsche Bank analysts, the main event for markets today will be the UK’s vote on Withdrawal Agreement & its new accompanying unilateral declaration by the UK.

Key Quotes

“It will likely be voted on shortly after 7pm London time. May’s coalition has a 16-vote majority, so she can afford to lose up to 15 before her deal fails.”

“She lost 128 votes, split between her own Conservative Party and the DUP, in the last vote on her deal. So a tall order, and I’d imagine that she may still lose but if so can she reduce the loss to a manageable total her deal still may have some legs.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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