UK: All eyes on Brexit debate – Rabobank

Sandeep Kanihama FXStreet Contributor

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.

Key Quotes

“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.”

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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