Industry figures have warned asset managers must prepare for a no-deal Brexit, despite little certainty as to the ramifications of such an outcome, as the government urged EU authorities to reciprocate its efforts in damage limitation.
Yesterday (23 August), the government promised it was taking "unilateral action" to prevent UK firms being cut off from the European Economic Area, but said this could be fruitless "unless the EU acts...
The US dollar is close to peaking and the risks now seem to be on the downside.
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