Fri, September 28, 2018
The labour party voted on Tuesday for a policy that would lead to a new vote, if the Prime Minister failed to get an eventual Brexit deal through the UK Parliament.
Jeremy Corbyn is known to be a lifelong Euroskeptic, which propelled Corbyn into power, strongly supports staying in the EU and has forced the leadership's position to evolve. Delegates at the party conference in Liverpool, voted Strongly for a motion that calls for a second referendum if Parliament fails to approve an eventual deal.
If May comes back with a deal that does not meet our tests, and that looks increasingly likely, we will vote against her deal. A vague or blind Brexit is a leap to nowhere, and we will have no part in it. A party spokesman said.
The Pound fell to $1.3050 against the dollar this morning. Sterling rose to 1.1249 against the Euro.
Data to look out today.
13:30 USD Personal Consumption Expenditure.
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| FRI | 07:55 | EUR | EUR German Unemployment Change (000's) | FRI | 07:55 | EUR | EUR German Unemployment Claims Rate s.a. | FRI | 08:30 | GBP | GBP Current Account Balance | FRI | 08:30 | GBP | GBP Gross Domestic Product (QoQ) | FRI | 08:30 | GBP | GBP Gross Domestic Product (YoY) | FRI | 08:30 | GBP | GBP Total Business Investment (QoQ) | FRI | 08:30 | GBP | GBP Total Business Investment (YoY) | FRI | 09:00 | EUR | EUR Euro-Zone Consumer Price Index Core (YoY) | FRI | 09:00 | EUR | EUR Euro-Zone Consumer Price Index Estimate (YoY) | FRI | 12:30 | USD | USD Personal Consumption Expenditure Core (MoM) | FRI | 12:30 | USD | USD Personal Consumption Expenditure Core (YoY) | FRI | 12:30 | USD | USD Personal Consumption Expenditure Deflator (MoM) | FRI | 12:30 | USD | USD Personal Consumption Expenditure Deflator (YoY) | FRI | 12:30 | USD | USD Personal Income | FRI | 12:30 | USD | USD Personal Spending | FRI | 12:30 | USD | USD Real Personal Spending | FRI | 12:30 | USD | USD Fed's Barkin Speaks at Forum for Minorities in Banking | FRI | 12:35 | EUR | EUR ECB's Praet Speaks in Frankfurt | FRI | 13:20 | GBP | GBP BOE's Ramsden speaks in London | FRI | 13:45 | USD | USD Chicago Purchasing Manager | FRI | 14:00 | USD | USD U. of Mich. Sentiment | FRI | 14:00 | USD | USD U. of Mich. Current Conditions | FRI | 14:00 | USD | USD U. of Mich. Expectations | FRI | 14:00 | USD | USD U. of Mich. 1 Yr Inflation | FRI | 14:00 | USD | USD U. of Mich. 5-10 Yr Inflation | FRI | 17:00 | USD | USD Baker Hughes U.S. Rig Count | FRI | 20:45 | USD | USD Fed's Williams Speaks in New York at Money Markets Conference |
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