Markets not buying into PM's 'no-deal Brexit' threat
So Friday brought yet more 'no-deal Brexit' threats, this time from Boris Johnson. The PM's speech had us all watching nervously at a crucial time in talks, but the market seemingly had other ideas. The Pound did fall 0.5% initially across the board whilst Johnson was speaking, however that was as far as it went. By the afternoon, Sterling had recovered its position and is once again priced in favour of a deal being secured.