Round None: Brexit Agreement and Bum Time

round none: Squeaky bum time all round, according to The Guardian. None of this really has much to do with May's doomed Brexit agreement, because the City has known since the minute the deal was signed that it had zero chance of getting parliamentary approval. The drama at Westminster has been mirrored by drama on stock markets, with share prices tumbling and money flooding into the customary safe haven assets gold and government bonds. Investors will only really get interested in events at Westminster if defeat for May is followed by a period of political paralysis or even worse as far as the financial markets are concerned the prospect of a Labour government. Markets are jittery but not because of the slim chance of a no-deal Brexit. For the time being, therefore, Britain is a bit of sideshow. (news.financializer.com). As reported in the news.

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