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Thursday, 20 April 2017

Investors think the election means a softer Brexit – are they right?

Investors think the election means a softer Brexit – are they right?
- It was because investors calculated – counter-intuitively at first glance – that a bigger Tory majority in the Commons, if that’s what follows, will mean a softer form of Brexit. This argument was best expressed by Deutsche Bank’s analysts, who reckon the election is “a game-changer” for the pound and the Brexit negotiations. A bigger majority would set Theresa May free from the “unrealistic timetable” set by the eurosceptics in her party, they argue.
First, the 2019 deadline for delivering a “clean” Brexit will be