Election Not a Lifeline For Anti-Brexit Campaigners

For those who believe Brexit is a terrible mistake that could be undone, Prime Minister Theresa May’s decision to call a snap election offered a moment of hope followed by a hard dose of reality.

After her announcement, Stephen Dorrell, chairman of the European Movement, emailed supporters to say “it is not too late to change our minds.” That might involve voting May out of power and holding a second referendum, a scenario that even the most optimistic europhiles see as politically implausible.

“If you held a rerun of the referendum tomorrow, you’d get the same result,” said James McGrory, director of Open Britain, the campaign for keeping the U.K. close to the European Union.

Bloomberg

Unwind of the Unwind Continues

USD/CAD Loonie Lower After Gasoline Stocks Cause Oil Price Drop

Possible Scenarios for French Presidential Election

Content 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 Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.