Amplify Trading Global Markets Review - 25th September 2019

Amplify Trading Global Markets Review - 25th September 2019

Today's Highlights

  • UK Parliament resumes business

  • UK Attorney General says Government will seek election shortly

  • US Trumps says deal with China can happen sooner than you think

Macro Review

UK Parliamentary activity resumes as announced after yesterday Supreme court ruling, but without revealing too much about the future plan of the Government. The Attorney General has confirmed today that the Government will seek new elections soon. However, no details have been disclosed on what the Government will do about the Supreme Court ruling. i.e accept it or not. The ultimate outcomes at this point involve Brexit delay, which the EU will have to agree upon; No-Deal Brexit, in case the Government refuses the Supreme Court ruling or EU refuses to extend Brexit; New election, in case the motion gets approved by 2/3 of MPs.No-Confidence Vote can be also put forward by Labour, but unlikely to get through unless PM loses Tory support.

1) Law against no-deal passed

2) Government seeks early election

3) Vote of no Confidence is called

________________ EU Close

If you missed the morning briefing from the desk click HERE

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