HSBC: UK’s exit date from the European Union to be extended?

HSBC analysts note that the UK PM Theresa May has promised non-binding votes on potential next steps on 27 February if she has not brought a Brexit deal back for a meaningful vote in the UK Parliament before 26 February.

Key Quotes

“This could see UK lawmakers set a route to extending the UK’s exit date from the European Union, currently set for 29 March.”

UK: Focus on inflation report hearing – TDS

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FX Today: GBP outperforms amid Asia risk-off; eyes on BOE inflation report hearings, May’s speech

Amid an eventless Asia session this Tuesday, the pound rallied on the reports that the UK PM May is considering a plan to delay Brexit. The Cable jump
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