UK Brexit Secretary Stephen Barclay’s Remarks – Key Takeaways

Speaker has raised the bar with his ruling to bring a vote back a third time we need a shift from lawmakers. Read more...


UK Brexit Secretary Barclay – Key Takeaways

  • Speaker has raised the bar with his ruling to bring a vote back a third time; we need a shift from lawmakers.
  • We will discuss Brexit this morning at Cabinet. Speaker has said before that we should not be bound by precedent.
  • Speaker’s ruling makes it unlikely that vote will be this week
  • We need to look at the extension, what assurances we can give and whether that passes the Speaker’s test.
  • There will have to be a short extension.
  • Now in a situation where we need an extension to Brexit.

So far, the market has shown a muted reaction upon these remarks.

Stay tuned to FX Leaders more updates!

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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