Rational Thinking - Brexit returns to Parliament

Week Ahead
Brexit

  • Parliament debates withdrawal agreement.
  • Sterling is likely to remain volatile until 31st January.
  • Transition period is due to end on 31st December 2020.
  • EU and UK trading unchanged during transition period.

EUR

  • China to sign ‘phase one’ deal from 13th January.
  • Trump to start talks for ‘phase two’ once deal is signed.

USD

  • Economy moved away from stagnation at end of 2019.
  • EUR extended its gain and was up 0.2%.