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What Next For Brexit?

Parliamentarians endorsed the prime minister’s plan to trigger Brexit talks by the end of March, while securing the right to scrutinize her negotiating plan first.

Six hours of debate in the House of Commons were followed by a vote of 448 to 75, setting up what Brexit Secretary David Davis called “the most important and complex negotiations in modern times.”

The vote is not legally binding, but is politically significant given that May has been unwilling to reveal her intentions and opposition parties would rather not have signed off on her timetable. A Supreme Court hearing that enters its fourth day on Thursday may still end with May’s plan being subjected to a more formal vote.

Bloomberg [1]

Risk on [2]

XAU/USD – Gold Edges Higher as US Jobs Report Matches Forecast [3]

What Can We Expect From the ECB? [4]

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam [7]

Senior Currency Analyst at OANDA [8]
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.