According to analysts at Rabobank, today we get another day of opacity, mendacity, and pedantry in the form of Brexit debate in the UK and will be a key event to watch for today’s session.
“The latest headlines are the EU will turn their December 13-14 summit into a Brexit crisis meeting given the Withdrawal Agreement will almost certainly have been crushingly rejected 48 hours earlier.”
“Bloomberg even suggests the EU might consider delaying Brexit day if May indicates a second referendum is needed – but how is that going to work? It would mean the government repealing Article 50 and waiting months for a new plebiscite, and that would mean the UK gets to run in the EU elections in May.”
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.