May Wants Unity Ahead of Brexit Negotiations

January 16, 2017 Share Print 0

Prime Minister Theresa May will call on Britons to reject the acrimony of the Brexit referendum in a speech this week that some newspapers have billed as setting the stage for a “hard” exit from the European Union.

Investors will scrutinise May’s speech on Tuesday for clues on whether she plans to prioritise immigration controls and bilateral trade deals in a “hard Brexit” that would see Britain leave the EU’s single market and customs union.

May intends to launch by the end of March the formal process of negotiating the terms of Britain’s exit from the EU, but has so far given very little away about what deal she will be seeking, frustrating some investors, businesses and lawmakers.

Reuters

Brexit Breaking Bad

USD/CAD – Canadian Dollar Steady, Markets Eye US Retail Sales and Consumer Confidence

Trump Keen on Quick Trade Deal With UK

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.

Bio
Twitter
Latest Posts

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA

Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.