British Pound: Brexit Plan and Minister Theresa

british pound: The British pound is volatile against the dollar as investors weigh how this week's votes will impact the likelihood of a no-deal, hard Brexit on March 29 the worst-case scenario, according to Market Watch. And while no one is talking about aftershocks elsewhere, the summer of 2016 still haunts us just a little. Because it is another big day on that front, with Parliament due to vote later on whether to approve Prime Minister Theresa May's Brexit plan. To be sure, investors would like to check Brexit uncertainty off the list of overall market worries right now S&P Global Broad Market Index BMI lost 2.08 TRILLION today, and are down 1.50 trillion year-to-date Howard Silverblatt hsilverb June 24, 2016 Stateside, investors will be watching to see if there is more to Monday's impressive session that saw stocks break a string of losses, with the Dow overcoming an early decline attributable to Boeing's skid. That brings us to our call of the day from Steve Grasso, director of institutional sales at Stuart Frankel & Co., who advises investors against reading too much into moves by big tech names Monday. Tech stocks were out in front, but so far Tuesday things are looking a little bit iffy. (news.financializer.com). As reported in the news.

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