Brexit vote
Japan Enthrones a New Emperor and Brexit Vote Running Short on Time
October 22, 2019
Japanese markets were closed Tuesday for the enthronement of Naruhito as emperor. British Prime Minister Johnson failed to secure permission Monday for a Brexit vote. In this continuing cliff hanger, he hopes to hold two votes today, one to show sufficient support for the deal he struck with the EU and a second to determine […] More
Sterling Hovering Lower around $1.30 Amid Brexit Confusion
October 21, 2019
Saturday’s planned Brexit vote in the House of Commons didn’t happen. Instead, MPs requested that Prime Minister Johnson get another deadline extension from the EU. Boris Johnson sent an unsigned letter to the EU that only complained that an extension would be toxic and now seeks to force a Brexit vote today. No response yet […] More
Brexit Headed for Photo Finnish and a Lot of Chinese Data Released
October 18, 2019
A debate and vote on British Prime Minister Johnson’s deal with the EU is scheduled Saturday. He needs 318 yes votes for approval, and the outcome figures to be very close to that threshold. Johnson needs only a simple majority win. In a more perfectly designed political system of self-governance, a decision with such profound […] More
Brexit Mess and Central Bank News
May 22, 2019
The latest Brexit proposal from British Prime Minister May was defeated heavily by a parliamentary vote of 432-202. That was a significantly bigger defeat than on her previous attempt. Sterling dropped to a four-month low of $1.2641. The ten-year British gilt yield slid six basis points to 1.02%, but the Ftse-100 avoided the slide experienced […] More
Awaiting Another Key Vote on Brexit
March 13, 2019
Yesterday’s British parliamentary vote on Prime Minister May’s revamped Brexit deal saw around 40 MPs flip from having voted no in January to now accepting the arrangement. The deal was nonetheless easily rejected by 391 nays to 242 yes votes. Today’s key vote asks MPs for approval for the U.K. to leave the EU after […] More
