Strategy & economics
Janet Mui: weekly economic update 18 October
- The announcement on Thursday of a deal between the UK and EU caused a sharp rally in sterling.
- This was partly reversed when the DUP declined to support the deal. Getting the deal through Parliament, which meets tomorrow (19 October), looks likely to prove difficult.
- The short-term economic effect of a deal is likely to be positive, as it will remove some uncertainty.
- But a deal would still leave much negotiation to take place. We believe that in the longer-term, Brexit is likely to limit freedom of movement and this could prove a potential brake to future growth.
- In other news this week, China's third quarter growth figures – the lowest since the 1990s – were greeted with disappointment. They are likely to add further pressure to Chinese authorities to increase stimulus measures.
- Coronavirus: markets take fright – what lies ahead?
- Caspar Rock: Monday markets - the week ahead on 24 February
- Janet Mui: weekly economic update 21 February
- COP26: Pressure growing for step change in climate policy
- Economic infographic: A view of the global economy in February 2020
- Why global cities could be more valuable than high-performing tech stocks
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