Trading news

Valdis comments on Britain and the internal market

Valdis Dombrovskis, European Commission's Vice-President, stated in an interview that, the British nation's decision to leave the European Union would place pressure on the City of London.

Valdis commenting on the European internal market

In the scenario where Britain's government decides to leave the European internal market too, then such a condition could create devastating effects for the City of London, Dombrovskis highlighted further.

The banks in the U.K will lose their ''passport'' right in having the license for one EU state, active in all member states, should the nation no longer meets the European internal market's rights and duties.

How will the traders go about with the sterling, in the scenario of Britain either leaving or remaining being part of the European internal market?

Read More

Thursday, 08 Sep, 2016 / 12:39

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/valdis-comments-on-britain-and-the-internal-market

Trading news

 

Looking

Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Monday, January [...]

Posted on Monday, 25 Jan, 2021 / 12:23 under

The Week Ahead: Wait And See

USDCHF Sinks to 6-Year Lows The US dollar’s rebound has mirrored the [...]

Posted on Monday, 25 Jan, 2021 / 11:58 under

Weekly Fundamental Bulletin: Fed Likely To Maintain Status Quo

Last week’s highlights Australia retail sales drop 4.2% in December The [...]

Posted on Monday, 25 Jan, 2021 / 11:57 under