UK to leave EU before June? – Deutsche Bank

Sandeep Kanihama FXStreet Contributor

Deutsche Bank analysts note that the UK PM Theresa May confirmed in her statement last night that her government is to push for a deal by the European Parliamentary elections which in theory would enable the UK to leave before June.

Key Quotes

“Opposition leader Corybn talked up the cross party talks while May also indicated that the gap on trade proposals between the Conservatives and Labour is actually fairly minimal.”

“Sterling was fairly directionless yesterday and this morning trades at $1.3075 which is roughly where it started the day yesterday. Elsewhere, The Times reported that the DUP leader Arlene Foster and DUP deputy leader Nigel Dodds met Boris Johnson and members of his team in the commons for 40 minutes on Wednesday.”

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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