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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Daily Brexit update Sterling rises despite Downing Street rejecting peoples vote

Article By: ,  Financial Analyst
December 17, 2018 1:17 PM

After the latest cantankerous Brexit debate in the House of Commons, we now know that the Parliamentary vote on Brexit has been scheduled for the week beginning on 14th January. That’s as Prime Minister Theresa May continues to insist that there will be no second referendum. Sterling has however, managed to maintain a bid for most of the session. With options demand sliding fast from the around two-year highs last week in both short and longer-term trades, it looks like some anxiety is leaving the market. True, much of this effect shows investors are simply shifting focus to late-January. At that time, when MPs will finally have their meaningful vote, volatility is likely to be more evident. On the other hand, with sterling holding above last week’s lows the instinct to discount the government’s views is at the forefront again.


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