Read the latest information on Brexit and learn how certain events and outcomes could affect your trading before it happens.
In June 2016, the UK went to the polls to vote on whether to remain part of the European Union, deciding 52/48 to quit the world’s largest trading bloc.
After almost four years of tense negotiations – and three UK Prime Ministers – the two sides settled on a withdrawal agreement that avoided, for the moment at least, a “no-deal” scenario. This scenario would have seen all existing arrangements on goods, services and free movement of people, along with regional cooperation arrangements on security, medicine and many others, immediately halted.
Negotiators and politicians now have until December 31 to create, refine and agree a trade deal, or the “no deal” scenario will kick in again. Current PM Boris Johnson has ruled out an extension to the transition period, so the pressure is still on.
Transition trading topics
Over the next few months, companies from around the globe will be assessing their options in Europe and, without knowing any details of a trade deal with its former partner, how the UK can be factored in or focused on.
Equally as importantly, given that the UK’s current international trade deals have been arranged through the EU, global partners will be lining up to negotiate new arrangements.
While World Trade Organisation terms would automatically apply in the event of a “no-deal”, they are seen as just a starting point for most trading nations, who seek specific agreements on tariffs, quotas and movement of people.
In the coming months (and beyond) there are likely to be plenty of rollercoaster moments as share prices rise and fall on Brexit-related news. Some will be confined to single stock movements, while others may shift the whole market.
Currencies, too, will feel the impact of news and negotiations, offering opportunities to trade the waves – or seek calmer waters. And don’t forget that cryptoassets were invented as an alternative to a government or central bank-controlled monetary system.
Whatever happens, through the eToro platform, you can be ready to take advantage of upswings on stock and currency markets and use our risk management tools to limit the downswings.
Cabinet reshuffle? Budget bonanza? Trade deal trade off? Whatever happens during the post-Brexit negotiations, stay plugged in and up to date with events that could offer opportunities to trade.
With the coronavirus pandemic dominating news feeds, it might seem an odd time to think about Brexit.Read moreBoris plays Brexit hardball
Over the past few weeks, the news has been busy with floods, Megxit and Covid 19, but this week Brexit came back with a bang, as the UK set out its demands for a trade deal – and the EU didn’t like a lot of it.Read moreBrexit boom or bust? Place your bets
As the clock struck 11pm on January 31, fireworks lit up UK skies with those that had voted to exit the European Union partying in the streets.Read moreBye bye Brussels…
It was the best of times, it was the worst of times – however you felt about the UK’s time in the European project, at 11pm GMT today it will all be over.Read moreMarkets jump for joy as Conservatives win UK election
Yesterday was the day the nation took to the polls to decide who will be the next resident of Number 10 in the first Christmas election for nearly 100 years.Read moreBoris, Brexit and the great beyond
It’s official. The UK has a new Prime Minister. Now what…?
Read moreBanking on Brexit?
Banks hit the headlines for all the wrong reasons in 2008 as some of their practices got them in to very hot water and they crashed the whole global economy…Read moreHigh Street spending and Brexit – looking for a deal
The Great British High Street is not enjoying a purple patch right now…Read moreBrexitproof your investments – go on the defensive
Deal or no deal, no one really knows what will happen to financial markets in the days after the UK leaves the European Union – but there are places to hide should they get really choppy…Read moreCould housebuilders get a Brexit boost?
In one of its “disorderly Brexit” scenarios last year, the Bank of England warned UK house prices could fall by 30%…Read morePlaying the pound in Brexit Limboland
Since June 2016, sunbathing with a sangria has cost Brits more than it used to…Read moreHow long will Brexit keep the pound undervalued?
Sterling’s fall in recent years has been nothing if not dramatic…Read moreWhat goes up… UK stocks and Brexit
What goes up, must come down, but equally it might go up again – and that’s where stock markets get interesting…Read moreWhether it’s bollocks to Brexit or bring it on: how can you benefit?
Brexit. The term sends chills down the spine of many investors for its continued disruption of the UK’s stock market – but it could hold significant value to those willing to look closer to home…Read moreTracking tech to the top
Remember when you had to book holidays in a travel agent? When you fell out with real friends rather than blocking people on social media?Read more
Live prices on popular markets.
Plan your strategy with help from eToro and benefit from Brexit.