February 18-22. Corbin and Barnier going to resolve Brexit issue


The fall of the pound may stop and a reversal may begin. This is likely under the condition of a productive meeting of the British opposition leader Jeremy Corbin with the Brexit negotiator from the European Union Michel Barnier. Corbin wants to carry out the work of the British Prime Minister and independently reach new terms of an agreement on the country’s withdrawal from the EU. It is very important that next week the term allocated to Theresa May by the English Parliament ends in order to change the European Union’s proposals for Brexit, and so far there is no progress. By contrast, Corbin has already secured Barnier’s support in this matter, and it’s likely that the issue will be resolved.

The process of concluding the US-China trade agreement has reached the final stage – the agreed terms must be signed during the personal meeting of Xi Jinping and Donald Trump. Announced close dates for its implementation will strengthen the dollar index, and the delay – will weaken its course against the main currencies.