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Brexit falls through, Theresa May awaits no-confidence vote: Investors advised not to take directional views on sterling, gilts or UK stocks

Firstpost Wednesday, 16 January 2019
European Union leaders said they would step up preparations for a no-deal Brexit and business groups reacted with alarm after British lawmakers defeated Prime Minister Theresa May's Brexit divorce deal by a crushing margin on Tuesday.
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News video: World stocks climb; sterling steady ahead of May vote

▶ World stocks climb; sterling steady ahead of May vote 00:44

According to Reuters, Major world stock indexes rose on Wednesday, with the S&P 500 supported by gains in U.S. bank stocks after strong earnings, while the pound was steady ahead of a no-confidence vote in British Prime Minister Theresa May’s government. Investors saw potential for legislative...

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