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Tuesday, January 15, 2019

What's moving markets today

UK lawmakers are widely expected to reject Prime Minister Theresa May's divorce deal with the European Union on Tuesday, which could send the British pound into a tailspin.

The only real question is the size of May's loss.

One analyst said the pound could weaken in the immediate aftermath of a defeat to $1.24, which would place it near its lowest level since early 2017.

A loss for the government might be good news for the currency in the long run. Analysts think a defeat for May makes it more likely that Brexit will eventually be delayed, or called off altogether.

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from CNN.com - RSS Channel kalo berita gak lengkap buka link disamping https://cnn.it/2Fyi1BW

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