Morning Call: Pound slides ahead of UK 'Plan B' announcement
After rallying in the wake of PM May's January 15 Brexit bill defeat, GBP slid lower over the weekend ahead of today's 'Plan B' presentation to Parliament.
This year began with markets continuing their 2017 jubilance. It didn’t last. Following a massive volatility shock in late February, equities veered from the path of continual gains while macro prints faltered as well. With trade war now providing an even more perilous background for equity markets, it’s fair to say that the long-predicted troubles are starting to wash ashore.
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