S&P's Kraemer: The likelihood of a ‘hard Brexit’ is increasing

Dhwani Mehta FXStreet

In an interview with Bloomberg TV, Moritz Kraemer, chief sovereign ratings officer at Standard & Poor's (S&P), noted that the probability of a ‘hard Brexit’ is on the rise. His comments come in wake of the resignation of the UK’s ambassador to the EU.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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