GBP lower but trending up; US factory orders

Monday, 08/04/2019 | 09:03 GMT

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Market Recap

GBP was lower but trending upwards as Brexit remains the story of the day. UK PM May once again tries to delay the inevitable. Having managed to delay B-day until April 12 (this Friday!) if they can’t find a solution, now she’s trying to delay it until June 30th to develop what she euphemistically calls a cross-party “compromise.” This is really just acknowledging that her party can’t agree on what to do, so she needs to get the opposition on board and see what she can work out with them.

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Source: https://www.exclusivecapital.com/gbp-lower-but-trending-up-us-factory-orders/

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