UK Brexit Secretary Stephen Barclay’s Remarks – Key Takeaways - Forex News by FX Leaders

UK Brexit Secretary Stephen Barclay’s Remarks – Key Takeaways

Posted Tuesday, March 19, 2019 by
Arslan Butt • 1 min read

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.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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