On a Tuesday that could see reaction to its events delayed until Wednesday morning, Boris Johnson is attempting a final push to get his Brexit deal over the line.
After John Bercow struck down the PM’s hopes of a meaningful vote on Monday, Johnson has moved on the withdrawal agreement bill, the thing that would enshrine the deal into UK law. He is also set to ask MPs to get all this through by the end of Thursday, rather than the 21 sitting days it is meant to take to ratify an international treaty. Calculations suggest the Prime Minister may well have the numbers to win the first vote; the second is a bit dicier.
That these votes won’t take place until around 7pm means the pound may be unwilling to do much at all this Tuesday, something that’s been reflected in the open. Against dollar and euro alike sterling opened unchanged; however, at this moment in time the currency will take that, given Monday saw it close at fresh 5-month highs.
Those looking for movement elsewhere were out of luck. The FTSE trickled 10 points lower after the bell, while the DAX was similarly flat at 12750. This milquetoast open despite positive noise regarding a trade deal between the US and China.
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