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The pound is rallying and UK financial assets are being given a boost following news that a Brexit deal has been agreed between UK and EU negotiators before a meeting of European leaders in Brussels on Thursday.
The first half of the year saw a rebound in global equity markets, led by the US, despite the fact that the global economy was clearly cooling. Investors were buoyed by the apparent progress in the US-China trade negotiations, and found comfort in the fact that central banks were acting to cushion the fallout. However, the events of August have shaken these beliefs.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?