Reactie Aberdeen Standard Investments op Brexit-stemming
Reactie Aberdeen Standard Investments op Brexit-stemming
Hieronder vindt u het commentaar van Stephanie Kelly, politiek econoom bij Aberdeen Standard Investments, op de Brexit-stemming:
Hieronder vindt u het commentaar van Stephanie Kelly, politiek econoom bij Aberdeen Standard Investments, op de Brexit-stemming:
"It was never the night for clarity on Brexit. But the margin of Theresa May’s defeat and the call of no confidence do matter for markets in the short term. On the one hand, the vote of no confidence steers markets towards the possibility of Labour’s softer Brexit position, which would support sterling, but investors are also going to fret over Labour’s more controversial policies like nationalisation.
“Elections tend to cause sell offs in markets because they’re inherently uncertain events but the UK situation is more complex than a normal vote. I’d expect sterling to be volatile until the result of the no confidence vote is known. With the DUP saying they’ll back the Conservatives the no confidence vote is dead in the water unless there is a big rebellion within the Conservative party.
“If May wins the no confidence vote then we are going to essentially be in the same place as if the vote had happened four weeks ago but with a tighter timeline to Article 50 ending. Markets will be choppy in coming days but it’s worth remembering that nothing fundamental has changed tonight. The wisest thing for investors to do in the short term is nothing.