HARD BREXIT: UK TO SEEK ‘CLEAN BREAK’ FROM EU
In yesterday press conference, the UK Prime Minister, Theresa May, announced that Britain is ‘seeking a clean and hard Brexit’. As such, Britain is preparing for its withdraw from tariff-free trade with the European Union in order to secure free trade deals globally and regain full control of its borders even if at the price of ending EU’s single market membership.
Volatility in global markets is highly anticipated. Instruments to watch for include: Pound to United States Dollar (GBP/USD), FTSE 100 stock index and UK-based equites.
For General Information only.
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