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UK assets are under pressure as trade talks with the EU, which resume on June 1, have made little progress before the June 30 deadline for requesting a transition extension. The Bank of England is considering negative interest rates to avert deflation, and goods trade could face tariffs if no deal is reached by year end.
Brexit uncertainty and possible negative rates keep sterling under pressure, while a no-deal outcome could raise tariffs on UK-EU food and feed trade.
finimize.comFinimize AnalystsMay 26, 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.
