Here's What FX Traders Should Watch as May Faces Brexit Votes
Here's What FX Traders Should Watch as May Faces Brexit Votes
WATCH: Dutch Prime Minister schools English reporter on the Irish border and backstop
30 January, 2019, 01:40
A leading Brexit supporter says he will back Prime Minister Theresa May's Brexit divorce deal with the European Union if she wins concessions on controversial language created to prevent border checks in Northern Ireland.
While May had pleaded with MPs to support her original withdrawal agreement two weeks ago - an agreement that was rejected by a record margin of 230 votes - she had since called on them to back the Brady amendment, arguing that doing so would send a message to Brussels that the agreement, signed in 2017, needed to be renegotiated.
Sterling recently hit a 2-1/2 month highs of $1.3218 on hopes that a no-deal Brexit would be avoided, and stood around $1.3137 just before voting on the series of amendments began at 1900 GMT.
After British MPs overwhelmingly rejected Prime Minister Theresa May's Brexit deal earlier this month, they will vote again on Tuesday (today) on what they want her to do next as the March 29 departure deadline looms.
"We continue to urge the United Kingdom government to clarify its intentions with respect to its next steps as soon as possible", Tusk said on behalf of the 27 European Union states remaining in the bloc after Brexit.
Mrs. May's gamble is that Europe - keen to avoid such a messy "no-deal" Brexit and frustrated by the fact that Britain has failed as yet to speak with one voice on the matter, might give her some new leeway if she presents a plan with solid parliamentary backing.
Meanwhile, late on Monday evening it emerged a new Brexit plan had been put forward which is reportedly backed by members of both the Remain and Leave camps of the Conservative party.
Amendment I: Put forward by Conservative MP Caroline Spelman and supported by lawmakers from most political parties, it seeks to rule out a no-deal Brexit.
She said Britain risked crashing out of the European Union without a deal "by accident" because London can not decide what it wants.
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However, she has made little secret of her plans to start a family with her husband Travis Browne and retire from sports. If Rousey does take a break from WWE soon, it will come after an incredibly successful first year with the company.
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The 32-year-old has endured a disappointing campaign, scoring just once in the Premier League, but he said that competition for places would not be a hindrance to him.
Speaker of the House, John Bercow, has named seven amendments to be debated and voted on, including one from senior Tory MP Sir Graham Brady calling on "alternative arrangements" to the backstop, and one from Labour MP Yvette Cooper, which could delay the exit date by up to nine months.
Increasing numbers of government ministers have warned they will not accept the prospect of Britain leaving without a deal on March 29, immediately severing all ties with its largest trading partner and threatening economic chaos.
"We are open to alternative arrangements" on the Irish border, she said.
These include bills relating to trade, fisheries and agriculture, immigration, the environment and healthcare, as well as a law to implement any divorce deal with the European Union that MPs might yet agree to.
May's approach drew praise from Brexit-backing lawmakers but prompted scorn from their pro-EU colleagues.
"The Cooper Bill could give MPs a temporary window to agree a deal that can bring the country together".
Conservative MPs hate this mechanism, which would prevent a customs border between Northern Ireland and the Republic of Ireland if the United Kingdom can not agree on a future trade deal with the EU.
Following the vote, Labour leader Jeremy Corbyn said he would be willing to enter into Brexit talks with Mrs May.
At the weekend, Ireland's foreign minister, Simon Coveney, stated baldly the backstop simply "isn't going to change".
Overnight, a report by major think tank the Centre for European Reform's (CER) revelaed that while Brexit has still not happened yet, it has already caused the economy to be 2.3% smaller than if Brits had voted to remain in the EU.
The US Department of Justice on Monday charged Huawei with theft of trade secrets, wire fraud and obstruction of justice. The deadline for an extradition request is January 30, 60 days after her arrest.
Els played his first two rounds alongside two more stalwarts of the European Tour, Colin Montgomerie and Jose Maria Olazabal. Three birdies followed in the next four holes, with a blip on the 12th, where the 25-year-old made a bogey.
Each of them threw footballs of varying inflation, and he measured the distance of each one and calculated the average. The project was posted online and quickly went viral. "It was just an attempt to get him interested and excited".
They shelved their plans "because the Labour leadership and frontbench won't back a People's Vote", according to the Telegraph. JEREMY Corbyn has seen his reputation take a nosedive with voters thanks to his shambolic Brexit policy, it emerged today.
In 2018, Forbes, ranked him 302nd on its list of the 400 wealthiest Americans estimated his net worth at $2.7 billion. The department issued a violation to the building for failure to provide access to inspectors, Kunitz said.
Stone was indicted Thursday by a Grand Jury but is not accused of coordinating with Russia's election election interference. Who's been charged in the Mueller probe? Mr Stone is the 34th person to be charged as part of the Mueller investigation.
Yet the tourists still had an outside shot at victory when they reduced West Indies to 61 for five late on the second day. Hetmyer was the last man out for 81 from 109 balls, caught behind off Stokes going for an agricultural slog.
The actors and the film were nominated for Best Actress , Best Actor and Best Picture in both the Golden Globes and the Oscars. His co-star, Lady Gaga , was also nominated for Outstanding Performance by a Female Actor in a Leading Role.
The Met Office warned of possible disruption including delays on roads, stranded vehicles and rail and air travel cancellations. For any fans making the long trip up to Bedfordshire for the game, they are being warned that heavy snow has been forecast.
The Galaxy S10 is said to ship with the latest 7nm Snapdragon 855 in the U.S. , but Samsung's newest Exynos 9820 in other markets. The Huawei Mate 20 Pro uses Qi technology for reverse charging, but this is a technology that many Samsung devices do not offer.
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The winter storm will then bring upwards of a foot of snow to MI before targeting the Northeast overnight Monday into Tuesday . His tweet late Monday wondering "What the hell is going on with Global Warming" drew a quick response from Wisconsin Rep.
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The main threat for this system is going to be black ice forming overnight with the sub-freezing temperatures. Bundle up for the weekend, Torontonians - the cold weather isn't expected to leave the city any time soon.
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At a glance, there just aren't a ton of teams that should be leaping to add a guy like him on a contract that significant. Admittedly, it would be entertaining to see Marc and Pau traded for one another again under very different circumstances.
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The showdown between No. 1 Novak Djokovic and No. 2 Rafael Nadal in the Australian Open final is their 53rd meeting on tour. He also broke a tie with Pete Sampras for third-most Grand Slam trophies; Djokovic only trails Federer, with 20, and Nadal .
Snow, wind and cold
The first flakes appear to begin overnight Monday into Tuesday around 12 AM and continue through the rest of the night. Cold arctic air plunges us into the deep freeze Tuesday, Wednesday and Thursday, with readings in the sub-zero range.
Unsafe wind chills across Wisconsin
Much of the state will see highs in the teens and some snow on Monday , but very cold temperatures will return after that. From this Sunday evening overnight into Monday morning heavy snow and blowing snow is expected over this same area.