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MUFG economists say the pound's gain from a Brexit deal is likely to be modest. Renewed UK GDP downturn risks in Q4 and expected BoE quantitative easing are weighing on sterling.
A weaker pound relative to the dollar tends to support dollar-denominated UK imports and dampen UK demand, a modest macro signal for feed markets.
teletrade.orgOct 27, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
