Article 5BKKZ Financial markets brace for volatile week as Brexit uncertainty continues

Financial markets brace for volatile week as Brexit uncertainty continues

by
Graeme Wearden
from Economics | The Guardian on (#5BKKZ)

Pound rallies in early trading in Asia but sterling and equities remain vulnerable

City investors are bracing for a volatile week after Boris Johnson and Ursula von der Leyen stepped back from the brink of a no-deal Brexit.

The decision to go the extra mile" and continue talks beyond the weekend removed the immediate threat of UK-EU trade talks collapsing on Sunday, which hit stocks and the pound hard on Friday.

Related: No-deal Brexit: markets brace for big hit to UK company shares and sterling

Related: Any port in a perfect storm: UK container trade is grinding to a halt

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