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Invesco’s Global Market Strategy Office analyses a range of Brexit scenarios: No-Deal risk is high and rising; early elections are possible but may not prevent a no-deal Brexit on 31 October and the UK itself may eventually split.

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After the dramatic defeat of the UK Prime Minister’s EU withdrawal plan, we see five scenarios for the future EU-UK relationship.

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Activity in currency markets has more than tripled in the last two decades. Last week brought currency pressure in the UK, China, Iran and — most dramatically — Turkey. And the situation could get worse before it gets better.

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