Summer’s over and it’s back to work this week for U.K. politicians. Here are eight things you should know as Parliament resumes, starting with Brexit and a debate on the repeal act that will convert all existing European Union law into British law.May is secure for nowThere was a point in June when it looked like Prime Minister Theresa May might not make it to the end of the week. She did, and she now seems fairly stable. She’s helped by the fact that for the Conservatives keeping May in place is less painful than removing her. There is also no obvious replacement. Boris Johnson, the perpetual pretender to the throne, has now been foreign secretary for a year, with little sign of the enhanced gravitas that his supporters have always argued he’d display if he was only given a serious job.But she won’t fight the next electionThe other reason May is safe is that she’s promised Tories that she’ll go when they ask her to.
Source: U.K. Parliament Heads Back to Work With Brexit on Its Mind – Bloomberg
North Korea Makes Gold And Silver Fly, But Beware The RSI.
Oil Recovers as U.S. Refining Takes of it’s Waterwings
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.