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UK: Brexit remains in the limelight – Danske Bank

In the UK, the Sun last night reported that the hard Brexit campaigners in the Tory party need just six more letters to reach the 48 that would trigger a no-confidence vote for PM Theresa May, notes the research team at Danske Bank.

Key Quotes

“PM May continues to campaign for her deal publicly on radio shows, etc. Public support among voters is vital for Theresa May. According to The Telegraph , in a speech today to the British Confederation of Industry she will say that the Brexit deal is final and the only thing left to discuss is the future trade deal. In our Brexit Monitor from 16 November we outline possible scenarios from here. We argue that a 'decent Brexit' is still the most likely outcome but that uncertainty has risen.”

Forex Today: Antipodeans slip on fresh US-China trade spat, UK politics/ Brexit news – Key

Risk-appetite took a hit, as the Asian trades kicked-off on Monday, as markets reacted to the fresh US-China trade clash at the APEC meeting over the
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Markets: What is most important in the week ahead? – Nordea Markets

According to analysts at Nordea Markets, on top of the Brexit woes, the EU will also have Italy high on the agenda this week, as the EU Commission pub
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