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British Pound Slides as U.K. Parliament Speaker Blocks Tuesday's Brexit Vote

Monday, 18 March 2019 23:24 WIB pound Sterling, Poundsterling Mata Uang Inggris

The British pound fell to session lows on Monday after the speaker of the House of Commons, John Bercow, ruled that Prime Minister Theresa May's government couldn't ask for yet another vote on May's Brexit deal on Tuesday unless the deal had changed. The reasoning is that the government can't bring the same motion twice, according to local reports. May's deal has been rejected twice already, once in January and amended version last week. The U.K. is scheduled to leave the European Union on March 29. So far, no trade deal with Brussels is in place but the U.K. Parliament has also rejected a hard, no-deal Brexit. The U.K. is next expected to request an extension of the March 29 deadline, in...

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Energy

Oil prices on Friday hovered close to 2019 peaks reached the previous day, propped up by supply cuts led by producer club OPEC and by U.S. sanctions against Iran and Venezuela. Brent crude oil

Precious Metals

Gold slips as equities gain on robust U.S. data
Friday, 22 March 2019 09:03 WIB
Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on upbeat U.S. economic data, while the metal was

CURRENCIES

The dollar largely held onto the previous session's gains in early Asian trade on Friday, while sterling edged up on news that Britain could leave the European Union without a Brexit deal at a

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