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Stock impact report

Pound steady on EU Brexit deal approval; UK vote in focus 11:53am EST [Reuters]

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: Reuters
Pound steady on EU Brexit deal approval; UK vote in focus | Reuters 3 Min Read LONDON (Reuters) - The pound steadied on Monday after Britain sealed a deal with the European Union on quitting the bloc, with the currency’s gains curbed by doubts about whether Prime Minister Theresa May can get the agreement through a divided parliament. With European leaders endorsing on Sunday May’s plan for future ties between Britain and the bloc, sterling traders are focused on a parliamentary vote on the deal likely to take place in mid-December. May is seeking to win over critics in her Conservative and opposition parties but the odds look stacked against her with criticism of the agreement approved in Brussels from all sides, including from the Northern Irish party propping up her minority government. “The failure of the pound to rally on recent positive developments suggest the market is pricing in that the deal won’t pass the first time in parliament,” said Lee Hardman, a currency analyst at MU Show less Read more
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