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Sterling took another sharp fall on December 10 after May called off the parliamentary vote on her Brexit deal. The piece argues that the leadership challenge within the Conservative party had little market impact because the core uncertainty over the UK's future relationship with the EU remains.
Persistent Brexit uncertainty keeps sterling volatile against the dollar, which affects the cost of dollar-priced feed imports for UK buyers. This is an explainer of recent moves rather than a new development.
theconversation.comAndrew Urquhart, Brian LuceyDec 12, 2018Not 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.
